Interim report January-June 2006 Growth in network video continues

• Net sales during the period amounted to SEK 540 M (401). • Operating profit during the period totaled SEK 81 M (55). • Profit before tax during the period amounted to SEK 81 M (55). • Profit after tax during the period totaled SEK 58 M (42). • Earning per share during the period amounted to SEK 0.84 (0.61). “Axis continued to grow in the expanding market for network video products. Growth during the first half of the year was 35 percent for the entire Group and 50 percent for the company’s network video products. Retail and Transportation were two customer segments in which Axis successfully initiated work on extensive network video installations. Axis strengthened its local presence during the period through the establishment of an office in Johannesburg, South Africa.“ Ray Mauritsson, CEO The full report including tables can be downloaded from the following link: http://www.axis.com/corporate/investor/financial_reports.htm Teleconference: Time: Monday, July 10, at 11 a.m. CET. To join the conference: Dial: +46 (0) 8 5052 0110 Access code: Axis Communications Axis AB participants: Ray Mauritsson, CEO and Fredrik Sjöstrand, CFO.