OM AB Interim Report January - June 2002

Interim Report January - June 2002 Highlights * Revenue amounted to SEK 1,416 m (1,591) * Income before deprecation was 225 m (147) * Income after financial items totaled SEK 58 m (-36) * Earnings per share were SEK 0.54 (0.72) * Weak demand on all markets * New cost-reduction program to reduce annual costs by SEK 180 m * SEK 35 m in restructuring costs Enclosed you will find OM AB's Interim Report January - June 2002. It is also available on www.om.com. For further information or comments, please contact Per E. Larsson, President and CEO, OM AB +46 8 405 66 19 Magnus Böcker, EVP, OM AB +46 8 405 66 44 Jakob Håkanson, VP Investor Relations, OM AB +46 8 405 60 42 Anna Eriksson, VP Corp Communications. OM AB +46 8 405 66 12 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/07/16/20020716BIT00110/wkr0003.pdf The full report

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