Interim Report for January 1 – March 31, 2007

Continued profitable growth for Poolia

The Poolia Group’s revenues for the first quarter totalled SEK 342.4 M, the highest level ever for an individual quarter and 16% higher than in the corresponding period in 2006. The growth occurred organically. Operating profit amounted to SEK 21.4 M, the same level as in the year-earlier period, and the operating margin was 6.2%. The market trend was positive in all countries.

The Group’s largest unit, Poolia Sweden reported revenues of SEK 206.6 M, an increase of 24%. All regions and occupational segments developed positively. Operating profit amounted to SEK 25.5 M, corresponding to an operating margin of 12.3%. Accordingly, profitability in Sweden was maintained at the same level as in the first quarter and the final quarter of 2006.

In the Other Nordic countries, revenues declined compared with the year-earlier period, although the figures are not comparable because the operation in Oslo was discontinued in 2006. In terms of profitability, the Other Nordic countries had an operating margin of 3.3%. The earnings reported were entirely attributable to Denmark, while Finland broke even during the quarter.

Poolia Germany noted sharp growth during the quarter and significantly improved profitability. The operations have now reached the volume that enables them to cover their own share of Group-wide costs and generate a profit. Following last year’s discontinuation of non-core businesses, the operations in Germany now focus entirely on temporary staffing and permanent recruitment of professional white-collar staff. For comparable units, revenues during the quarter rose by 60%. The operating margin was 12.7%. Earnings include costs for offices under development in Düsseldorf and Cologne.

In the UK, Poolia’s strategy is to build for future growth by focusing on several new establishments. Poolia UK had revenues of SEK 77.5 M during the quarter, the same level as in the year-earlier period, and reported an operating loss. The result includes the costs for offices under development in Glasgow, Reading and Canary Wharf (London) and a newly opened office in Bristol.

Dedicare (formerly Poolia Healthcare) is now operated as a completely separate unit within the Poolia Group. The launch of a separate brand has been received favourably and Dedicare grew by 56% during the quarter. The strongest growth was noted in Sweden, where temporary staffing of doctors and nurses rose sharply. The operating margin for the quarter was 5.0%.

For further information, please contact:

Erik Strand, Managing Director and Chief Executive Officer (Tel: +46-8-555 650 60)

Mats Påhlson, Chief Financial Officer (Tel: +46-8-555 650 20)

Poolia s success is based on constantly striving for premium quality. We specialise in temporary

staffing and permanent recruitment within our focus areas of finance/accounting, administration, IT and healthcare. Poolia was founded in 1989 and is active in six countries.