Interim Report January – March 2005

Improved profits and strengthened financial position

January – March 2005 •Total revenue amounted to SEK 551m (562). •Net profit amounted to SEK 578m (- 3). •Earnings per share amounted to SEK 7.26 (- 0.03). •Earnings after financial items amounted to SEK 578m (-4). Excluding capital gain, earnings amounted to SEK 7m (-4). •IBS Public Services Ltd sold for SEK 678m (£52m) in March, which gave a non-taxable capital gain of SEK 571m. •TMS in Australia was acquired in March. •Software licences increased by 6% to SEK 109m (103). •Positive operating profit in Sweden. Forecast for the full-year 2005 •IBS plans for growth and a continued increase in earnings after financial items compared with the earnings for the full-year 2004, which according to new accounting principles (IFRS) amounted to SEK 56m. Magnus Wastenson, CEO for IBS, comments on the first quarter of 2005: ”During the first quarter, we have completed a number of important transactions in order to accelerate our efforts in market segments in which IBS either is or could become a leading vendor internationally. By selling one of our UK subsidiaries we have acquired a strong financial position and room for further expansion of our operations and to make further acquisitions. TMS in Australia is a good example of an acquisition that strengthens our position within supply chain management and contributes to an increase in profitability. Our strategy includes continued expansion, aimed at increasing market share within selected industries.” Any questions concerning the report will be answered by: CEO Magnus Wastenson, tel. +46 (0)70 627 2515, magnus.wastenson@ibs.net CFO Per-Arne Sendrén,tel. +46 (0)70 627 2360, per-arne.sendren@ibs.net Director Corporate Communications John Womack, tel. +46 (0)70 678 2499, john.womack@ibs.net