Aspiro AB (publ): Interim Report, January-March 2003

· Net sales totalled SEK 3.7 m (SEK 10.5 m, whereof SMS traffic constituted for SEK 7.1 m). · The result after financial items amounted to SEK – 6.2 m (SEK – 29.8 m). · The company’s liquid funds amounted to SEK 17.2 m (SEK 60.6 m). The period was effected by one-off payments amounting to about SEK 13 m attributable to new share issues, voluntarily compositions and deliveries dated 2002. · Two cash share issues provided Aspiro with SEK 32.9 m before issue expenses. · The company reorganisation, which Aspiro was granted in November 2002, was repealed in January as the reorganisation process was successfully accomplished · During the period, Aspiro signed 10 (11) new sales agreements with customers in Europe and the USA. At the end of the period, Aspiro’s customers base included 31 mobile telecom operators and portals. · After the end of the period, Aspiro announced its intention to merge with Mobilehits.

About Us

Aspiro is a media technology company on the forefront in the ongoing redefinition of music consumption. Through its subscription services WiMP and TIDAL, the company offers a complete music experience with HiFi quality audio and integrated editorial, magazine and video. In parallel, Aspiro is a content provider to the online media industry through RADR, helping its partners to attract and retain visitors on their web sites. See more on www.aspiro.com

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