Teleca AB (publ) Interim Report, January - September 2003

Teleca AB (publ) Interim Report, January - September 2003 Disappointing Q3 - But markets are slowly improving · Sales increased 26% to SEK 1,838.0 M (1,457.8). Excluding acquisitions sales increased 14% · Earnings after tax SEK -8.6 M (26.2) · Earnings per share SEK -0.14 (0.46) · Operating profit (EBITA) SEK 106.8 M (141.3) · Q3 result was lower than expected mainly due to fixed price projects and restructuring costs · Obigo is performing well and international markets for Mobile Devices are strong · Utilisation in Q3 increased to 70.6% · New forecast for 2003: Significantly increased sales but lower profit compared with 2002 For further information, please contact: Nick Stammers, President and Chief Executive Officer, Teleca AB Mobile phone: +44-7768-32 35 35 e-mail: nick.stammers@teleca.com Thomas Pantzar, Executive Vice President, Teleca AB Tel: +46-31-744 80 10, mobile phone: +46-703-79 18 30 e-mail: thomas.pantzar@teleca.com Andreas Zartmann, Chief Financial Officer, Teleca AB Tel: +46-8-579 116 04, mobile phone: +46-702- 17 75 13 e-mail: andreas.zartmann@teleca.com Johannes Rudbeck, Investor Relations, Teleca AB Tel: +46-8-579 116 16, mobile +46-705-82 56 56 e-mail: johannes.rudbeck@teleca.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/21/20031021BIT00040/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/10/21/20031021BIT00040/wkr0002.pdf The full report

About Us

Teleca is a world-leading expert and supplier of software services for all industries where mobile and wireless solutions are used. We offer world class operations and execution capability, both on-site and offshore. Teleca’s technology experts help the leaders and innovators of the connected devices industries deliver products and services that add new dimensions to the networked community. Our unmatched mobile software solutions, global reach and engineering experience enable you to realize your products and visions. In essence, we help the industry offer users great mobile experiences using turnkey, cost effective solutions with faster time to market. We are increasingly using Open Source Software components and software created by our strategic partner network to make our offerings even more comprehensive – and our customers ever more successful. Due to our unique position in the market place we are able to rapidly understand emerging market trends and needs and to proactively propose solutions to our customers. Telecas scale and global reach are unique. We support our customers wherever they are. Teleca has approximately 2,000 employees in 12 countries in Asia, Europe and North America. Teleca. Engineering mobile solutions.

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