Acta Holding ASA - Highlights 2nd quarter 2004

  • Very satisfactory gross subscriptions of 1.506 million kroner - in line with 1st quarter in spite of volatile financial markets
  • Revenues of 109 million kroner in 2nd quarter - 60% higher than last year, but down 8 mnok compared to 1st quarter due to less real estate projects completed during the quarter
  • Operating earnings of 33 million kroner in 2nd quarter - compared to 9 million kroner the same period 2003. Year to date operating earnings of 73 million kroner, up from 1 million kroner last year
  • The best quarter ever in Sweden, gross subscriptions of 498 mnok and operating earnings of 11 mnok
  • Significant increase of operations and potential in Sweden from the acquisition of Svenska Spar


Complete English version of the interim report and presentation for 2nd quarter 2004 are enclosed on www.ose.no and on Acta`s Investor Relation web pages www.acta.no.   Stavanger, 18 August 2004   Investor Relations contact
Jan Rune Steinsland
CFO
+47 97052533
jan.rune.steinsland@acta.no

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