First quarter in summary

• Operating revenues amounted to SEK 187.2 m (150.3)
• Operating earnings before depreciation, amortization and net financial items, EBITDA, amounted to SEK 37.0 m (40.9), corresponding to an operating margin of 20 percent
• Earnings before tax amounted to SEK 26.7 m (33.3)
• Earnings after tax amounted to SEK 19.7 m (23.2)
• Earnings per share amounted to SEK 0.30 (0.39)
• The underlying cash flow was a negative SEK 1.9 m (positive: 27.0). The cash flow was effected by bonus payments for 2007 of SEK 34.1 m (15.9) and tax payments mainly for 2006 of SEK 15.1 m (2.1)
• Neonet’s transaction revenues rose 23 percent
• The company intensified its focus on Neonet XG and signed contracts with five new clients
• Neonet launched trading on the Australian Securities Exchange and derivative trading on the German derivatives exchange, Eurex

Press representatives, analysts and investors are invited to a briefing held on Monday, April 21, 2008 at 9 am CET. The report will be presented by President and CEO Simon Nathanson at Operaterassen, Karl XII torg 4, Stockholm.

Please register your participation at www.financialhearings.com, under Coming events, “Neonet”.
It is also possible to attend by telephone on the following numbers: (Sweden) +46 (0)8 5352 6458 or (UK) +44 (0)207 806 1967. Confirmation Code: 8795245.

The briefing will also be broadcasted at www.neonet.com under Investor Relations/Presentations and www.financialhearings.com. A copy of the presentation will be available on www.neonet.com.

This information is disclosed according to applicable law and exchange rules.