First Quarter Report 2004

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First Quarter Report 2004 Highlights January - March 2004 · Revenue for the first quarter amounted to € 9.7 million (€ 8.9 million), a 9% increase compared to the first quarter in prior year. Isolating currency effects, constant currency revenue growth amounted to 18% for the first quarter in comparison to prior year. · Prepaid membership rose by a strong 5,000 for the quarter to 122,000 (105,100). · The operating loss (EBIT) for the quarter amounted to € 0.2 million (€ 0.2 million). · The operating profit before depreciation and amortization (EBITDA) for the quarter amounted to € 0.6 million (€ 0.5 million). · The loss after tax for the quarter amounted to € 0.2 million (€ 0.4 million). The loss per share was € 0.014 for the quarter (€ 0.036). Investor Relations Contacts Fredrik Rågmark - Managing Director - Phone: +32 2 357 55 77 - E-mail: fredrik.ragmark@medicover.com Joe Ryan - Financial Director - Phone: +32 2 357 55 77 - E-mail: joe.ryan@medicover.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/05/13/20040512BIT00710/wkr0001.pdf http://www.waymaker.net/bitonline/2004/05/13/20040512BIT00710/wkr0002.pdf The full report

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