NOTE posts record earnings with good volume growth and stable earnings

• Sales increased 22.6% to MSEK 398.6 (325.0) • Operating profit amounted to MSEK 18.9 (-61.4); operating margin was 4.7% (-18.9%) • Profit after tax was MSEK 12.1 (-46.0) or SEK 1.25 (-4.78) per share • Cash flow increased to MSEK 23.7 (-36.0) • The operation in Borås, Sweden, was closed down according to plan in the first quarter The English version of NOTE’s interim report for January-March 2006 is now both available in PDF format at the company´s website, www.note.se, and attached to this message. For further information, please contact: Arne Forslund, CEO, phone +46176-799 01, +46 705-47 74 77 Henrik Nygren, CFO, phone. +46 176-799 03, +46 709-77 06 86 Annelie Wirdefeldt, Vice President IR/IS, phone. +46 176-799 12, +46 76-815 99 99