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BTS partners with leading companies to accelerate change and improve business results. BTS is the world leader in customized business simulations and discovery-based learning solutions that enable leading corporations to grow and become successful through change and improvement processes.

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BTS Group opens a new office in Mexico City

Stockholm, Sweden and Mexico City – BTS Group AB (publ), the world leader in customized business simulations and other discovery learning solutions announces the opening of new office in Mexico City, Mexico. “The opening of the new office in Mexico is a strategic step for BTS’ expansion into the growing Latin America market and also a way of responding to the demand from existing customers like BBVA. It is also a next natural step and part of BTS’ continued focus on profitable organic growth.” said Mr. Henrik Ekelund, President and CEO BTS Group AB.“Our global reach and expertise in the

BTS Group AB receives an orders from BBVA, a leading Spanish bank

Stockholm, Sweden and Madrid, Spain – BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations and discovery based learning, has signed agreements with BBVA, a leading Spanish based bank to deliver a program during 2008 for 700 directors worldwideBTS will deliver at least 28 workshops in 2008 in Spain and Latin America. The project is called “Managing for Value” and it is directed towards the Director level at the group, especially the business units and the functions of finance and controlling“After 5 years developing a corporate

BTS Group AB reaches settlement with Abbott Training Systems in Lawsuit

Stockholm, Sweden – BTS Group AB (publ) today announced that it has reached a settlement with Abbott Training Systems in its Australian lawsuit finalized in 2008, alleging infringement of copyright. The final court orders provide for Abbott Training Systems to pay AUD$ 440,000 to BTS. They also require Abbott Training System not to infringe BTS’ copyright in future and to destroy or deliver up to BTS documents that reproduce BTS copyright works. The orders conclude the lawsuit against Abbott Training Systems.Abbott Training Systems was a Global Partner to Strategic Management Group Inc.,

BTS Group AB (publ)

Interim Report January 1- March 31, 2008• Net turnover decreased by 1 percent during the first quarter and amounted to MSEK 122.3 (123.7). Adjusted for changes in exchange rates, growth was 7 percent.• The operating profit before amortization on intangible assets (EBITA) decreased by 25 percent to MSEK 13.5 (18.1).• Profit after tax decreased by 22 percent to MSEK 6.7 (8.6).• Earnings per share amounted to SEK 0.37 (0.47).Summary of the first quarter• The market development on all of BTS markets continued to be posi-tive.• The negative change in BTS earnings was principally

BTS receives initial SEK 20 million in orders froml eading US-based global Telecom Company

Stockholm, Sweden and New York, USA – BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations and discovery based learning, has signed agreements with a leading global telecoms company to launch several projects initially worth SEK 20 million.The American-based telecommunications service provider, with revenues exceeding USD 90 billion and an employee base numbering more than 200,000, has engaged BTS to de-velop and deliver a multifaceted strategic alignment, leadership and management develop-ment initiative for all levels of the

BTS Group Ab (publ) Year-end Report January 1 – December 31, 2007

Continued good growth in revenue and earningsJanuary – December 2007• Net turnover increased by 38 per cent during the year and amounted to MSEK 523.2 (379.1). Adjusted for changes in exchange rates, growth was 47 per cent. The organic growth for BTS, adjusted for changes in exchange rates, was 12 per cent• The operating profit before amortization on intangible assets (EBITA) increased by 31 per cent to MSEK 88.3 (67.6)• Profit after tax increased by 26 per cent to MSEK 48.8 (38.6)• Earnings per share amounted to SEK 2.71 (2.18)The fourth quarter• Net turnover for the fourth

BTS Group Signs Agreement with Coop Norway

Stockholm, Sweden– BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations, has together with our Norwegian part-ners Saga Corporate Advisors and Dinamo Consulting signed an agreement with Coop Norge to develop and deliver ”The Culture and Leadership Program”.The program is comprised of 4 modules that are delivered during 10 days, and are focused on managing a company from a value based company culture stand point. The programs will be delivered during 2008 – 2009 and target the 84 top managers within Coop Norway. The deal is worth

BTS Group AB Receives Order from Unilever

Stockholm, Sweden and London, UK – BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations, has signed an agreement with Unilever to deliver a series of programmes in business acumen, worth in excess of 4 MSEK in 2007.Unilever is a world-leader in fast moving consumer products, offering many well known brands across food, home and personal care categories. The launch of One Unilever in 2005 has acted as a catalyst for an ambitious new learning vision within the company. The experiential, team-based learning is achieved by either a

BTS Group AB (publ) Interim Report 1 January - 30 September 2007

Continued good growth in revenues and earn-ingsJanuary – September 2007• Net turnover increased by 57 percent during the nine-month period and amounted to MSEK 387.3 (247.3). Adjusted for changes in exchange rates, growth was 67 percent. The organic growth for BTS, adjusted for changes in exchange rates, was 14 percent during the nine-month pe-riod.• The operating profit before amortization on intangible assets (EBITA) increased by 43 percent to MSEK 63.7 (44.6)• Profit after tax increased by 20 percent to MSEK 32.3 (27.0)• Earnings per share amounted to SEK 1.79 (1.52)The third

BTS Group AB receives orders worth up to approxi-mately 13 MSEK from Norway Post

Stockholm, Sweden– BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations, has once again been contracted by Norway Post to develop and deliver a group –wide strategic leader-ship program focusing among other things on customer and market understanding. The contract is worth up to 13 MSEK for BTS, and is to be delivered during 2007-2011.Norway Post is one of Norway’s largest employers with 23 000 employees, and op-erations within Mail, Logistics, and IT. Their ambition is to develop the operations to become the leading

BTS Group AB Receives Order from Sandvik Mining &Construction Logistics

Stockholm, Sweden– BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations, signs an agreement with Sandvik Mining & Construction Logistics to develop and deliver a program in business acumen at an initial order value of SEK 1.4 million.Sandvik Mining & Construction is one of the world’s leading and most complete suppliers of equipment and all around solutions to the mining and construction industry. The logistics unit is a central function assigned to manage the market units’ deliveries of spare parts to the customers. The

BTS Group AB receives 8 million SEK order from Terra-Gruppen AS in Norway

Stockholm, Sweden– BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations has been assigned by Terra-Gruppen AS in Norway to develop and deliver a program in strategic business acumen and value based leadership, worth approximately 8 million SEK.Terra-Gruppen AS is a finance group jointly owned by 79 savings banks that to-gether with Terra-Gruppen constitutes one of the largest and leading players within the Norwegian finance industry.The program’s objectives are to convey a common picture of the Terra-alliance’sbusiness

BTS Group AB (publ) Interim Report 1 January - 30 June 2007

Continued good growth in revenues andearnings• Net turnover increased during the first half-year by 55 percent and amounted to MSEK 265.4 (171.5). Adjusted for changes in exchange rates, growth was 66 percent. The organic growth for BTS, adjusted for changes in exchange rates, was 13 percent during the first half-year.• Net turnover increased by 52 percent during the second quarter to MSEK 141.7 (93.5). Ad-justed for changes in exchange rates, growth was 60 percent.• Earnings for the first half-year: the operating profit before amortization on intangible assets (EBITA) increased by

BTS Group AB (publ) Interim Report January 1 – March 31, 2007

Continued good growth in revenues and earnings• Net turnover increased by 59 percent during the first quarter and amounted to MSEK 123.7 (78.0). Adjusted for changes in exchange rates, growth amounted to 72 percent.• Earnings for the first quarter: the operating profit increased by 24 percent to MSEK 15.5 (12.5) the operating margin amounted to 13 (16) percent the operating profit before amortization on intangible assets (EBITA) increased by 36 percent to MSEK 18.1 (13.3) the operating margin before amortization on intangible assets (EBITA margin) amounted to 15 (17) percent

BTS receives a 4.2 MSEK order from a global provider of mobile multimedia devices

Stockholm, Sweden– BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations, has signed a contract with a global provider of mobile multimedia devices to develop and deliver a strategic business skills pro-gram. The contract is worth a minimum of 4.2 MSEK over 3 years.The current program is targeting a global audience of managers and key people and aims to support the company on its way into an even more successful and profitable future.Participants will work in a realistic computer simulated solution, based on BTS leading simu-

BTS Group AB receives order from NetJets Europe

Stockholm, Sweden– BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations, has signed a contract with NetJets Europe to develop and deliver a strategic business skills program worth SEK 1.5 million.NetJets Europe is the largest operator of business jets and private jets in Europe.The program targets the top 50 people in NetJets with the objective to strengthen strategic alignment, business knowledge, customer focus, and profitability.Participants will work in a realistic computer simulated solution, based on BTS lead-ing

BTS Group AB (publ) Year-end Report January 1- December 31, 2006

BTS Group AB reports strong growth in turnover and earnings for the fourth quarter of 2006 and the year as a whole• Net turnover during the year increased by 32 per cent and amounted to MSEK 379.1 (286.1). Adjusted for changes in exchange rates, growth amounted to 34 percent.• Net turnover for the fourth quarter increased by 64 per cent to MSEK 131.8 (80.3) Adjusted for changes in exchange rates, growth amounted to 80 percent.• Earnings for 2006: the operating profit increased by 28 percent to MSEK 62.4 (48.7) the operating margin amounted to 16 (17) percent the operating

BTS – APG/RLC Merger Update

– The merger is already generating cross-selling dealsStockholm, Sweden– BTS Group AB (publ), the world’s leading business simulation train-ing and consulting company, announced today that the newly acquired companies The Ad-vantage Performance Group (APG) and The Real Learning Company (RLC) have after two months generated two cross-selling deals in excess of 2 MSEK. In addition, the integration work of the two formerly privately held, and highly respected US based training and consult-ing organizations, progresses according to plan.Henrik Ekelund, President and CEO, BTS Group AB gives

BTS Group AB (publ) Interim Report 1 January- 30 September 2006

Continued good growth in revenues and earnings• Net turnover during the nine month period has increased by 20 per cent and amounted to MSEK 247.3 (205.8). Adjusted for changes in exchange rates, growth amounted to 18 per cent.• Net turnover for the third quarter increased by 11 per cent to MSEK 75.8 (68.3). Adjusted for changes in exchange rates, growth amounted to 16 per cent.• Earnings for the nine month period: the operating profit increased by 23 per cent to MSEK 42.3 (34.4) the operating margin before depreciation and amortization (EBITDA – margin) amounted to 19 (18) per

BTS Group AB has completed the acquisition of The Advantage Performance Group and The Real Learning Company

Stockholm, Sweden– BTS Group AB (publ), the world’s leading business simulation train-ing and consulting company, today announced that it has completed the acquisition of the businesses of The Advantage Performance Group (APG) and The Real Learning Company (RLC) according to the intentions communicated in a press release on August 6, 2006.APG and RLC recorded combined net revenues of USD 21.3 million in 2005 with an ad-justed EBIT of USD 2.2 million. Based on the performance of APG and RLC in 2005, the acquisition would have added approximately 40 per cent to the revenues of BTS in 2005.

BTS Group AB (publ) Interim Report 1 January- 30 June 2006 Continued good growth in revenues and earnings

• Net turnover during the first half year has increased by 25 per cent and amounted to MSEK 171.5 (137.5). Adjusted for changes in exchange rates, growth amounted to 19 per cent.• Net turnover for the second quarter increased by 17 per cent to MSEK 93.5 (79.6). Adjusted for changes in exchange rates, growth amounted to 16 per cent.• Earnings for the first half year: the operating profit increased by 27 per cent to MSEK 32.6 (25.7) the operating margin before depreciation and amortization (EBITDA – margin) amounted to 21 (20) per cent the operating margin amounted to 19 (19) per

BTS Group AB has signed a Letter Of Intent regarding a possible acquisition of The Advantage Performance Group and The Real Learning Company

Stockholm, Sweden– BTS Group AB (publ), the world’s leading business simulation training and consulting company, today announced that it has signed a Letter Of Intent regarding the possible acquisition of the businesses of The Advantage Performance Group (APG) and The Real Learning Company (RLC); two privately held, highly respected US based training and consulting organizations. The finalization of the acquisition process is pending the completion of a successful due diligence, definitive agreements and final board approval. The process is anticipated to be finalized in September 2006.

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