Song Networks Holding AB Interim Report January 1 - March 31, 2004

Song Networks Holding AB Interim Report January 1 - March 31, 2004 Continued strong profit development FIRST QUARTER 2004 · Revenues, SEK 594 million (SEK 579 million the corresponding period the previous year) · Net result , SEK 20 million (-38) · Result per share, SEK 0.36 (-0.90) · Gross margin before depreciation, 49.0% (42.7) · EBITDA, SEK 68 million (14) · EBIT, SEK 15 million (-44) · Cash flow, SEK -122 million (287) · Liquid assets SEK 553 million (551) at the end of the period, including restricted cash. Financial net cash SEK 415 million (408) Enquiries: Tomas Franzén, CEO Phone: +46 8 5631 01 11 Mobile: +46 701 810 111 E-mail: tomas.franzen@songnetworks.net Joachim Jaginder, CFO Phone: +46 8 5631 01 99 Mobile : +46 701 810 199 E-mail: joachim.jaginder@songnetworks.net Mats Lundqvist, Acting Managing Director Phone: +46 8 5631 07 12 Mobile: +46 701 810 712 E-mail: mats.lundqvist@songnetworks.se Kjell Nilsson, Chairman of the Board Mobile: +46 702 60 01 21 Jenny Moquist, Investor Relation Manager Phone : +46 8 5631 02 19 Mobile : +46 701 810 219 E-mail : jenny.moquist@songnetworks.net About Song Networks, (Stockholmsbörsen: SONW) Song Networks is a data and telecommunications operator with activities in Sweden, Finland, Norway and Denmark. The Company's business concept is to offer the best broadband solution for data communication, Internet and voice to businesses in the Nordic region. The Company was founded in 1995 in Sweden and has approximately 855 employees. The head office is located in Stockholm and the Company has 23 offices located in the Nordic region. www.songnetworks.net Certain statements contained in this press release contain "forward-looking statements" within the meaning of the U.S. federal securities law. Such statements are based on the current expectations of the management of Song Networks Holding AB only, and performance is subject to risks, uncertainties and other factors that could cause actual results to differ materially from these statements. Such risks include, but are not limited to, adverse regulatory, technological or competitive developments; decline in demand for the company's services or products; inability to timely develop, introduce and market new technologies, products and services; pricing pressures resulting from competition; unforeseen construction delays; and the inability to successfully manage systems failures or shutdowns and service interruptions or reduced services to customers. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/05/07/20040507BIT20140/wkr0001.pdf Interim Report

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Song network is a fast growing Nordic data and telecommunications operator. The business concept is as a leading supplier to offer broadband-solutions for data, telephony and Internet to large and medium-sized business and organisations in the Nordic coun

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