Preliminary Report on Earnings for the year 2002

Preliminary Report on Earnings for the year 2002 · Enea Group net sales decreased in the fourth quarter by 19% to SEK 165 million. Annual sales decreased by 23 % to SEK 684 million. · The Group has during the last quarter been restructured. Non- recurring costs have burdened the operations by SEK 75 million. Including these costs the fourth quarter result after financial net was SEK -158 (-35) million. · The result after financial net for the year was SEK -292 (-231) million. This includes non-recurring items amounting to net SEK -143 (- 35) million. These include restructuring costs of SEK -100 (-35) million and write-down of goodwill by SEK -173 (0) million, reversed reservation of stock option program in OSE Group by SEK 38 million along with the profit of SEK 91.5 million from sales of shares in Combitech. · The group has been organized into two branches of operations: Enea Embedded Technology, which is a global supplier of products and services in the real-time area; and Enea Systems, which comprises Swedish consultancy operations with a local profile in selected niche markets. A new salary model including a variable part has been negotiated. · Implemented cost saving measures will significantly increase Enea's competitiveness. The fixed operating costs for year 2003 are estimated to be approximately 30% lower than year 2002. Ola Berglund CEO Please direct questions to Ola Berglund, ph: +46 8 507 140 00 ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: The Full Report The Full Report