Orc Software AB – Interim report January 1 – September 30, 2005

January-September 2005 ·Revenue SEK 200 (186) million ·Operating income SEK 14 (29) million ·Operating margin 7.1 (15.4) percent ·Income after taxes SEK 12 (21) million ·Earnings per share SEK 0.86 (1.57) July-September 2005 ·Revenue SEK 65 (58) million ·Operating income SEK 6 (4) million ·Operating margin 8.4 (7.2) percent ·Income after taxes SEK 5 (3) million ·Earnings per share SEK 0.33 (0.27) Significant events · New financial targets: - Orc Software should achieve an annual revenue growth of at least 15 percent and an annual operating margin of at least 15 percent in the medium term - The company is overcapitalized and the capital structure will be reviewed ·Agreement with OMX regarding development of a new front office product

For further information please contact: Jonas Lindström, CEO, tel: +46 8 407 38 35 Lars Johansson, EVP and COO, tel: +46 8 407 38 24 Susanne Holmlund, Investor Relations, tel: +46 8 407 38 50