NeoNet’s Interim Report 1 January – 30 June 2006

The Second Quarter in Summary: · Operating revenues increased by 75% to SEK 102.5 m (58.5). · Operating earnings before depreciation and net financial items (EBITDA) increased by 180% to SEK 22.1 m (7.9). · Earnings before tax were SEK 11.7 m (0.1) · Earnings after tax increased to SEK 8.3 m (0.1). · Earnings per share before dilution were SEK 0.16(0.00). · Underlying cash flow was strengthened and amounted to SEK 17.3 m (3.7). Six Months in Summary: · Operating revenues increased by 64% to SEK 191.5 m (116.7). · Operating earnings before depreciation and net financial items (EBITDA) increased by 101% to SEK 41.7 m (20.7). · Earnings before tax were SEK 22.7 m (4.3). · Earnings after tax increased by 270% to SEK 15.9 m (4.3). · Earnings per share before dilution were SEK 0.31 (0.08). · Underlying cash flow amounted to SEK 31.8 m (12.7). Significant Events: · One of the world’s largest banks has signed a contract to use NeoNet XG (eXchange Gateway). NeoNet has three clients using the new system and software services. NeoNet in the First Half of 2006 The positive growth trend that NeoNet has been experiencing for a long period of time continued in the second quarter. Exchange activity among NeoNet’s clients was high and the company’s revenues for the quarter and the first six months were up by 75% and 64% respectively, compared to the same periods last year. The earnings have developed well and the operating earnings at the EBITDA level increased by 180% for the quarter and 101% for the first six months. The earnings before tax were SEK 11.7 m (0.1) for the quarter and SEK 22.7 m (4.3) for the first six months. The demand continues to increase for high quality electronic direct market access with minimal delay in trading. Institutional investors are using direct market access for an increasing proportion of their trading. This means that direct market access is a business critical part of NeoNet’s clients’ operations, which is raising the level of quality and performance expectations. This trend benefits NeoNet as the company offers a stable and fast trading platform with advanced trading functionality, access to a wide variety of marketplaces, and highly valued services to clients. The clients also appreciate the fact that NeoNet does not engage in any proprietary trading, which eliminates the risk of conflicts of interest with client trading. During the second quarter, one of the world’s largest banks decided to use the new product, NeoNet eXchange Gateway (XG). This order is a breakthrough for the product. An additional contract was signed earlier in the year. Investment banks and broker-dealers want to be able to combine trading using their own exchange memberships with trading via a broker on exchanges where they are not members. NeoNet is able to meet this growing demand with its NeoNet XG system and software service. The strengths in NeoNet’s offering are the service’s relatively short implementation time, a broad range of exchanges, and the stability, functionality and performance of the platform. NeoNet is broadening the base of its business with trading on more and more exchanges, a growing number of clients in numerous countries, and a new product area in the form of NeoNet XG. For further information, please contact: Simon Nathanson CEO of NeoNet Tel. +46 8 454 15 51 simon.nathanson@neonet.biz