YEAR-END REPORT 1 JANUARY – 31 DECEMBER 2005

QUARTER • Net sales in the fourth quarter increased by 17 percent to SEK 1,059 (907) million. • Operating income before amortization of intangible fixed assets (EBITA) increased by 59 percent to SEK 94 (59) million, while the EBITA margin was 8.9 (6.5) percent. • Income after tax increased by 82 percent to SEK 60 (33) million. • Earnings per share amounted to SEK 1.50 (0,83). FULL YEAR • Net sales for the year increased by 10 percent, five percent of that from acquisitions, to reach SEK 3,822 (3,486) million. • Operating income before amortization of intangible fixed assets (EBITA) increased by 26 percent to SEK 333 (264) million, while the EBITA margin was 8.7 (7.6). • Income after tax increased by 32 percent to SEK 222 (168) million. • Earnings per share amounted to SEK 5.55 (4.20). • Return on operating capital amounted to 31.5 (26.0) percent. • The board of directors proposes dividend distribution of SEK 2.75 per share. • On October 5, 2005, Indutrade was listed on the O list of the Stockholm Stock Exchange.