Neonet’s year-end report January 1– December 31, 2008

A year of market turbulence

•Operating revenues amounted to SEK 716.2 m (689.0) in 2008 and SEK 164.0 m (188.4) during the fourth quarter of the year.

•Operating earnings before depreciation, amortization and net financial items, EBITDA, amounted to SEK 72.7 m (170.2) in 2008 and SEK 6.6 m (40.1) during the quarter.

•Earnings before tax amounted to SEK 36.8 m (133.9) in 2008, while a loss of SEK 3.1 m (earnings: 33.1) was reported for the fourth quarter.

•Earnings after tax amounted to SEK 26.5 m (94.5) in 2008, while a loss of SEK 2.0 m (earnings: 24.1) was reported for the fourth quarter.

•Earnings per share amounted to SEK 0.41 (1.49) in 2008, while a loss per share of SEK 0.03 (earnings: 0.37) was reported for the fourth quarter.

Significant events during the fourth quarter

•Neonet signed agreements with three new XG clients

•Neonet launched its new Smart Order Routing technology for the best execution of share transactions in multiple markets

•Neonet announced that the company is to offer trading on NYSE Arca Europe, NYSE Euronext’s new alternative market.

Events after period-end

•Neonet offers trading on the Mexican stock exchange

•Neonet has engaged in preliminary discussions with another party concerning possible forms of cooperation. Neonet has decided to terminate these discussions and confirmed that the company has not received any offer for its shares.


Press, analysts and investors are invited to a briefing today at 09.00 a.m. CET by President and CEO Simon Nathanson. The presentation will be held in English at Operaterrassen, Karl XII:s Torg 4, Stockholm.

The briefing will be broadcasted at www.neonet.com under Investor Relations/Presentations and www.financialhearings.com. It is also possible to attend by telephone on: (UK) +44 (0)20 7806 1967 or (Sweden) +46 (0)8 5051 3792. Confirmation Code: 9728664.

The year-end report is enclosed to this press release.

Neonet discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

For further information, please contact:
Ulrika Lilja
Head of Communications
+46 8 454 15 82