NeoNet Increases Earnings After Tax by 79%

The year has started well with a very positive revenues and earnings development. The clients highly value NeoNet’s offering which, together with a positive stock market climate, have resulted in increased trading. Revenues increased by 53% compared with first quarter 2005. Operating earnings (on EBITDA-level) has increased by 51% and earnings after tax rose by 79%.

“The growth during the quarter has been very good with intense trading resulting in a strong financial performance. Clients highly value NeoNet’s very fast and stable trading platform offering access to 20 exchanges, which contributed to the development of trading volumes. In addition, we can note that there is a clear client interest for our newly launched NeoNet XG service,” said Simon Nathanson, CEO of NeoNet. “NeoNet has rapidly expanded clients’ trading options with a number of new functionalities in the trading platform. Since September 2005, five new marketplaces were added to the offering. We will continue to develop our offering of services and marketplaces and in a next step give clients access to the very liquid Euro Stoxx and DAX futures,” concluded Nathanson. See NeoNet’s First Quarter Interim Report for 2006 for more information about the financial development. For further information, please contact: Simon Nathanson CEO of NeoNet +46 8 454 15 51 simon.nathanson@neonet.biz