NOTE reports improved profitability

January-March 2007
• Sales increased 7% to SEK 425.0 (398.6) m
• Operating profit improved by 31% to SEK 24.8 (18.9) m
• Operating margin increased to 5.8% (4.7%)
• Profit after tax was SEK 16.0 (12.1) m or SEK 1.66 (1.25) per share
• Cash flow was SEK 45.6 (23.7) m, SEK 4.74 (2.47) per share
• Kaj Samlin was appointed new President and CEO on 15 February


NOTE’s interim report for January-March 2007 is now both available in PDF format at NOTE’s website, www.note.se, and attached to this message.

Financial Calendar for the rest of 2007:
The Interim Report for January-June 2007 will be published on 18 July 2007.
The Interim Report for January-September 2007 will be published on 26 October 2007.