NOTE posts continuing good volume growth and stable earnings

First half-year • Sales increased 14.1% to SEK 831.6 (728.7) m • Operating profit amounted to SEK 43.0 (-109.0) m; operating margin was 5.2% (-15.0%) • Profit after tax was SEK 27.9 (-81.8) m or SEK 2.88 (-8.50) per share after dilution • Cash flow was SEK 8.3 (-25.1) m • Forward-looking initiative on the Norwegian market began at the mid-point of the year Second quarter • Sales increased 7.3% to SEK 433.1 (403.7) m • Operating profit amounted to SEK 24.1 (-47.6) m; operating margin was 5.6% (-11.8%) • Profit after tax was SEK 15.8 (-35.8) m or SEK 1.62 (-3.72) per share after dilution • Cash flow was SEK -15.4 (10.9) m NOTE’s interim report for January-June 2006 is now both available in PDF format at NOTE’s website, www.note.se, and attached to this message.