HIGHLIGHTS January to March 2006

HIGHLIGHTS • Revenue for the first quarter ending 31 March 2006 amounted to € 17.9 million (€ 13.2 million), representing 35 percent revenue growth versus the corresponding period last year. Excluding acquisition effects, the revenue growth was 26 percent. • Constant currency revenue growth versus last year amounted to 31 percent (excluding acquisition effects 22 percent). • Membership growth continued to be strong with 14,300 new members added during the first quarter (11,700), and we broke the significant 200,000 member base milestone, reaching a total member base of 205,000 (151,600), some 35 percent above last year’s level. • The operating profit (EBIT) for the quarter reached € 0.5 million (€ 0.3 million). • The operating profit before depreciation and amortization (EBITDA) for the quarter amounted to € 1.6 million (€ 1.1 million) or 9.2 percent of revenue (8.6 percent). • Net cash inflow from operating activities after tax payments was € 0.5 million for the quarter (inflow € 0.3 million). • The profit after tax for the quarter amounted to € 0.6 million (€ 36,000) equivalent to a profit per share of € 0.041 for the quarter (€ 0.003) and the diluted profit per share was € 0.040 (€ 0.003). For further information please contact Fredrik Rågmark – chief Executive Officer - Medicover 00 32 475 75 19 64 Joe Ryan –Chief Financial Officer - Medicover 00 32 477 56 03 82