Summary and highlights Q2, october 1 - december 31, 2000

INTERIM REPORT JULY 1 - DECEMBER 31, 2000 FOR AB NOVESTRA (PUBL.) SUMMARY AND HIGHLIGHTS Q2 (October 1 - December 31, 2000) Shareholders' equity as of December 31, 2000 amounted to SEK 25.9 per share. Net asset value amounted to SEK 45.8 per share. The Group's cash and cash equivalents amounted to KSEK 229,721 (SEK 9.8 per share). Solidity was 92.1%. Of the total result of KSEK -44,007, KSEK - 41,614 represents unrealized write-downs which are mainly adjustments in share prices (Iquity Systems and Mobilestop) and reservations within liquidity management. The limited need of write-downs in shareholders' equity reflects a well balanced portfolio where most companies have limited or no additional capital needs in the near future. The total need of write-downs in relation to shareholders' equity is expected to be well within the 10% previously communicated. The two portfolio companies that during the last report were identified as having immediate capital needs have secured future funding. (Iquity Systems through a MSEK 130 private placement. Mobilestop has been acquired by Strax Holding which has positive cash flow and a strong balance sheet.) Novestra expects limited capital needs for the strategic portfolio. Apart from the new investment in Multilet, Novestra has been able to increase its ownership in Iquity Systems, PowerNet and Strax/Mobilestop at attractive valuations. During the quarter, Novestra has also completed an exit in E*TRADE Group with an annualised IRR of 130%. For further information, please contact Mr Thomas Åkerman, President, AB Novestra, phone: +46 8 545 017 50 About Novestra AB Novestra is one of the leading independent venture capital investment companies in the Nordic region with focus on companies providing enabling services and technologies for the communications industry. Novestra's portfolio of companies includes B2 Bredband AB, Comintell Holding AB, Continuum Group Ltd, Fanglobe Inc, Iquity Systems Inc, Multilet AB, Netsurvey AB, PowerNet AB and Qbranch AB. Novestra's shares are listed on the O-List of the OM Stockholm Exchange. For information regarding AB Novestra, please see www.novestra.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/01/31/20010131BIT00820/bit0001.doc http://www.bit.se/bitonline/2001/01/31/20010131BIT00820/bit0002.pdf