Interim Report January 1 - June 30, 2003

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INTERIM REPORT JANUARY 1 - JUNE 30 2003 * EARNINGS BEFORE TAX AND MINORITY SEK 14 (-13) MILLION * SUCCESSFUL LAUNCH OF H&Q FOND I FOND PRODUCTS * NET INFLOW OF NEW CLIENT VOLUMES SEK +1.1 BILLION Stockholm, July 16, 2003 Patrik Enblad, Chief Executive Officer, Telephone +46 8 696 17 00 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/07/16/20030716BIT00080/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/07/16/20030716BIT00080/wkr0002.pdf The full report

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