Intentia comments on certain information in media about Q1 cashflows

Intentia comments on certain information in media about Q1 cashflows Stockholm, Sweden-Intentia International AB (publ) (XSSE: INT B). In light of erroneous media reports about the Intentia's cash flow situation, Intentia wants to make the following clarification. In issue no.23, the Swedish publication Affärsvärlden published an article that compared, in terms of liquidity, the financial situations of a selection of the IT companies listed on the Stockholm Stock Exchange. The article generated a great deal of attention and was cited by a variety of other media sources. The first quarter is always one in which Intentia's cash flow is affected by once-a-year payments such as employee bonuses for the previous year. In the first quarter of 2002 bonus payments accounted for SEK 220 million. Because the calculations in the article were based on cash flow before investments-a figure that includes one-time payouts related to bonus payments-the resulting estimate of future cash flow is inaccurate. Intentia has pointed this out to Affärsvärlden, who today published the following correction: "In the compilation of IT companies' cash flows (Affärsvärlden no. 23) the entire amount of bonus payouts for 2001 was included for Intentia. This payment should have been timephased, thus resulting in a positive cash flow for Intentia. The company therefore should not have been included on the list." For further information please contact: Thomas Ahlerup Head of Corporate and Investor Relations Intentia International AB (publ) Tel: +46 8 555 257 66 Fax: +46 8 555 259 99 Cell: +46 733 275 766 e-Mail: thomas.ahlerup@intentia.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/06/12/20020612BIT00230/wkr0001.doc http://www.waymaker.net/bitonline/2002/06/12/20020612BIT00230/wkr0002.pdf