Interim report for the period January-March 2003

• Better earnings than first quarter 2002.

• The long-term positioning of the company as a specialised, businesslike and cost-effective IT consultant is progressing as planned.

- We are becoming more specialised. Specialist areas like security, project management, mobility and group software are growing and showing good profitability. Recruitment is ongoing in these areas.

- We are developing reusable package solutions that pay off quickly. Proprietary concepts now account for more than 20% of sales.

- We are building up industry-specific expertise. The proportion of sales from priority sectors has grown by ten percentage points to 70% in less than a year.

- Our clients have great confidence in us. Three-quarters of sales are to existing clients.

- We have entered into strategic alliances. The company has been appointed a launch partner for Microsoft's Windows Server 2003 and is an existing strategic partner for IBM, Nokia and Symbian.

- We are continuing to make savings. The new remuneration model in autumn 2002 cut payroll overheads by 15%. The cost of non-billable personnel is to be reduced by a further 30%.

• The annual general meeting's resolution to change the company's name to Mandator has been well received by clients. The change will take place in May.

• Global uncertainty is still resulting in a cautious market with major regional variations. The market in Stockholm and Copenhagen, unlike that in the rest of the Nordic region and Baltic States, is very weak and accounted for the bulk of the operating loss. Cutbacks have been made to restore profitability.

• Net sales for the first quarter: SEK 112 m (214)
Gross profit (EBITA): SEK -17 m (-24)