INTERIM REPORT JANUARY – JUNE OBDUCAT AB (PUBL)

SLOWER ORDER FLOW BUT CONTINUED EFFORTS TO SECURE INDUSTRIAL ORDER DURING 2004

· Directed new share issue in January 2004 yielded fully SEK 13 million

· Oversubscribed issue of subordinated debentures contributed fully SEK 50 million cash and reduced previous debenture loan by about SEK 12 million through set-off

· Sales amounted to SEK 10,3 million (20,0) – forecast for the twelve months of 2004 reduced from SEK 50 to 40 million

· Obducat partner in Euro financed nano project NaPa

· Pre-tax profit was SEK –20,2 million (–14,8) and earnings per share before deferred dilution was SEK –0,10 (-0,09)

Obducat reports sales of 10,3 MSEK (20,0) reflecting a continued weak order situation compared to last year.

-We have chosen to give priority to industrial customers in order to secure the opportunity of realising an industrial order during 2004, says Patrik Lundström, CEO Obducat. During this year we have improved our position with the industrial customers.

-Given our limited resources we haven’t been able to work as hard with the academic customer segment, where the outcome has not met expectation.

-We can however report that the order flow has improved towards the end of the report period as well as during summer, thus implicating an order back log as of today of 7,9 MSEK.

In the interim report it is further concluded that – provided that the schedules communicated to Obducat by industrial customers prevail – mass production based on NIL may gradually commence towards the end of 2005. In the light of this, the Company is still of the opinion that it will secure at least one industrial order in 2004

The complete interim report can be downloaded from the Obducat web site

www.obducat.com

For further information, please contact:

Patrik Lundström, CEO Obducat, +46 40 36 21 00 or +46 703 27 37 38

Johan Boman, CFO Obducat, +46 40 36 21 00 or +46 703 27 37 30

Obducat AB is an innovative developer and supplier of technologies, products and processes used for the production and replication of advanced micro- and nano structures. Obducat´s products and services are intended to serve the demands of companies within the information storage, semiconductor, printed circuit board, and sensor industries. Obducat´s technologies include electron beam, and nano imprint technology. Obducat has offices in Sweden, and the UK, with the head quarter located in Malmö, Sweden. The Obducat shares are publicly traded on the Swedish NGM stock exchange. Read more on www.obducat.com

(For complete report, see attached file)