Interim report July - September 2002

INTERIM REPORT JULY-SEPTEMBER 2002 Increased service income and lower system sales during the third quarter The third quarter was distinguished by unusually few contracts in the market, and this had a negative effect on ProAct's profits. The company's service operations showed positive development, much of which is related to the contract base. Continued investments in the areas of networks and security are affecting operating profits. A high level of activity in all countries, combined with a full order book, bodes well for the fourth quarter. The current year is expected to generate a positive EBITA. Summary of the third quarter * Revenue totalled SEK 136.5 million (155.6). * Operating profits before amortization of goodwill (EBITA) amounted to SEK -16.8 million (-7.8). Net operating profits totalled SEK -22.4 million (-11.6). Summary of the period January-September * Revenue totalled SEK 533.7 million (553.0*), with system sales falling by 14 per cent and service income increasing by 19 per cent compared to the corresponding period for the previous financial year. * Operating profits before amortization of goodwill (EBITA) amounted to SEK -14.3 million (0.6*). *) excluding capital gains from the sale of activities in ProAct Medical AB, SEK 21.0 million. Significant events during the third quarter * Acquisition of the profitable company Christiania Consulting AS adds 40 consultants. * Increased presence in Southern Sweden - ProAct NetWorking AB opens an office in Lund. * A number of major deals were closed during the period, with customers including Helse Øst, Länsförsäkringar, Telia, Volvo and WesternGeco. Significant events after the period covered by this report * Acquisition of the activities in SystemKompetens KB adds eight consultants. ProAct is a specialist and independent integrator with know-how, methods and products in the field of infrastructure for securing mission- critical information. The company, which is active in Denmark, Finland, Norway, Sweden and Switzerland, focuses on large and medium-sized companies and organisations in need of secure and efficient handling of mission-critical information. Business is conducted in Copenhagen, Aarhus, Helsinki, Uleåborg, Oslo, Bergen, Hamar, Stavanger, Trondheim, Stockholm, Gothenburg, Linköping, Lund, Sundsvall, Karlskrona and Zurich with a staff of around 360, most of whom are technically oriented. What sets ProAct apart is the technical expertise and competence of its personnel. During 2001, the company generated a turnover of around SEK 826 million. ProAct IT Group AB is listed on the O-list of the Stockholm Stock Exchange. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/25/20021025BIT00270/wkr0001.doc The full report http://www.waymaker.net/bitonline/2002/10/25/20021025BIT00270/wkr0002.pdf The full report

About Us

Proact is Europe’s leading independent data centre and cloud services provider. By delivering flexible, accessible and secure IT solutions and services, we help companies and authorities reduce risk and costs, whilst increasing agility, productivity and efficiency. We’ve completed over 5,000 successful projects around the world, have more than 3,500 customers and currently manage in excess of 100 petabytes of information in the cloud. We employ over 800 people in 14 countries across Europe and North America. Founded in 1994, our parent company, Proact IT Group AB (publ), was listed on Nasdaq Stockholm in 1999 (under the symbol PACT). For further information about Proact’s activities please visit us at www.proact.eu

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