Year-end Report, January - December, 2003

Teleca AB (publ) Year-end Report, January - December, 2003 Weak 2003 - positive outlook for 2004 · Sales increased 17% to SEK 2,456 M (2,090). International sales corresponded to 48% of total sales · Earnings after tax SEK -169 M (48). Earnings per share SEK - 2.80 (0.83). Dividend SEK 0 (0.75) · Operating profit (EBITA) SEK 52 M (198) · Obigo meets forecast. Sales SEK 127 M (69) and operating profit (EBITA) SEK 26 M (8) · Cash flow from current operations was 155 M (79) · Forecast for 2004: Sales are expected to continue to grow and operating profit (EBITA) is expected to increase substantially compared with 2003 Stockholm, February 13, 2004 Teleca AB (publ) (Corp. reg. no. 556250-3515) Board of Directors Review Report for the Year-end Financial Report 2003 We have performed limited review procedures on the year-end financial report of Teleca AB (publ) identity no. 556250-3515 and interim report for the fourth quarter 2003 in accordance with the recommendation issued by the Swedish Institute of Certified Public Accountants (FAR). A limited review is considerably limited in scope compared with an audit. Nothing has come to our attention that causes us to believe that the financial statements do not comply with the requirements of the stock Exchange rules and the Annual Accounts Act. DELOITTE & TOUCHE AB Hans Pihl Authorized Public Accountant Annual General Meeting The Annual General meeting will be held in Malmö Börshus, Skeppsbron 2, Malmö, Sweden on May 6, 2004 at 17.00 hours. Notice of the Meeting will be made through press advertisements and is also in the Company's Annual Report, which is expected to be distributed to the shareholders in April 2004. Thereafter, the Annual Report will be available on the Company website, at or can be ordered from Teleca's head office. Forthcoming report dates Three-month interim report (Q1) 2004: May 6, 2004 Six-month interim report (Q2) 2004: July 16, 2004 Nine-month interim report (Q3) 2004: October 21, 2004 Year-end report (Q4) 2004: February 10, 2005 Telephone conference Teleca will be presenting the company and the Interim Report during a telephone conference held at 9.00 AM (CET) at Operaterassen, Stockholm, on February 13, 2004. The conference will also include a Question and Answer (Q&A) session with acting CEO Dan Olofsson. Dial in number: +46 8 598 062 43 The presentation can also be viewed on the Internet This interim report may be ordered from the Company or downloaded from Teleca's website. For further information, please contact: Dan Olofsson, acting Chief Executive Officer, Teleca AB Mobile phone: +46-703-79 23 20 e-mail: Thomas Pantzar, Executive Vice President, Teleca AB Tel: +46-31-744 80 10, mobile phone: +46-703-79 18 30 e-mail: Andreas Zartmann, Chief Financial Officer, Teleca AB Tel: +46-8-579 116 04, mobile phone: +46-702-17 75 13 e-mail: Johannes Rudbeck, Investor Relations, Teleca AB Tel: +46-8-579 116 16, mobile +46-705-82 56 56 e-mail: This information is also available in Swedish. Teleca is an international consulting company developing and applying advanced technology. The company's business concept is to strengthen the customers' market position and time to market. Teleca builds and integrates solutions for technology and software intensive customers worldwide. Core values are honesty, reliability and hard work. The company has more than 2,700 employees with operations in 15 countries in Asia, Europe and USA. Teleca is quoted on the Attract40 list of Stockholmsbörsen (Stockholm stock exchange). Teleca AB Årstaängsvägen 19b 117 94 Stockholm Sweden Tel: +46 8 579 116 00 Fax: +46 8 579 116 10 ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: The full report 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.