Interim report January-June 2007 Continued strong sales and earnings trend

• Net sales during the period amounted to SEK 748 M (540).
• Operating profit during the period totaled SEK 161 M (81).
• Profit before tax during the period amounted to SEK 161 M (81).
• Profit after tax during the period totaled SEK 120 M (58).
• Earnings per share during the period amounted to SEK 1.73 (0.84).

“Axis continued to move aggressively in an expansive market for network video products. Total sales amounted to SEK 748 M and the Video product area reported sales of SEK 677 M, corresponding to growth of 44 percent compared with the first six months of 2006. Axis also reported strong operating profit on a favorable sales trend and continuing stable gross margins.”
Ray Mauritsson, President

The slide presentation is available at: http://www.axis.com/corporate/investor/index.php

Teleconference:
Time: Monday, July 9, at 10 a.m. CET.
Dial: +46 (0)8 5052 0114, or +44 (0)20 7162 0125.
Access code: Axis Communications

Axis AB participants:
Ray Mauritsson, CEO and Fredrik Sjöstrand, CFO.

A recorded version of the presentation will be available for five working days on:
+44 (0)20 7031 4064, access code: 757576.