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TAMRO GROUP FINANCIAL STATEMENTS 1 FEBRUARY 2010–31 JANUARY 2011: RECORD YEAR FOR TAMRO GROUP

Comparable figures refer to last year’s corresponding period unless otherwise stated. All the figures and comparable data are now presented according to IFRS.Highlights of the financial year · Tamro Group’s revenue in the financial year 2010/11 amounted to EUR 4,387 (4,075) million, up by 7.7% from the previous year.  · EBIT increased to EUR 198 (130) million, and the operating margin to 4.5% (3.2%). Profit for the period was EUR 147 (95) million. · The financial year was a record year for Tamro Group. · Beside positive one-off items, also the operational development was

TAMRO GROUP INTERIM REPORT FEBRUARY–OCTOBER 2010: POSITIVE PROFIT DEVELOPMENT CONTINUED

Third-quarter highlights• Tamro Group net sales in August–October 2010 amounted to EUR 1,475 million, an increase of 7.6%. The increase in sales is driven by organic growth in several markets, accounting for 4.2%, but also by strengthened foreign currencies, for the remaining 3.4%. • Operating profit for August–October amounted to EUR 33.5 million, up by nearly EUR 6 million. The profit increase resulted from operational improvements in the Nordic and Baltic countries. In addition, the profit development is positively affected by foreign exchange rates and lower costs from the Swedish

TAMRO GROUP INTERIM REPORT FEBRUARY–JULY 2010: SOLID RESULT IMPROVEMENT DESPITE SLOW MARKET GROWTH

Positive effect also from foreign exchange rates Second-quarter highlights• Tamro Group net sales in May–July 2010 amounted to EUR 1,445 million, an increase of 6.6%. The increase in sales was primarily driven by strengthened foreign currencies. At constant exhange rates, net sales increased by 1.1%. • Operating profit for May–July amounted to EUR 34.4 million, up by EUR 4 million. Profit increases stemmed from operational improvements in the Nordic countries, lower costs from the Swedish operations due to the divestment of retail at the end of the previous quarter and positive

TAMRO GROUP INTERIM REPORT FEBRUARY–APRIL 2010: SIGNIFICANT IMPROVEMENT IN RESULTS

First-quarter highlights- Tamro Group’s net sales in February–April 2010 amounted to EUR 1,424 million, an increase of 7.4%. A significant part of the sales increase is due to strengthened exchange rates of the Swedish, Norwegian and Polish currencies. At constant exchange rates, Tamro’s net sales increased by 1.8%.   - Operating profit for February–April amounted to EUR 31.3 million, up by EUR 1.6 million.   - Profit before taxes for February–April was EUR 33.5 million, up by EUR 8.1 million despite the negative effect of the costs related to Tamro’s Swedish pharmacy operations.

Tamro divests pharmacy operations in Sweden

Tamro Group has signed an agreement to sell 100 % of Ada AB’s shares including pharmacy operations of Apotek1 in Sweden to Apotek Hjärtat. The transaction price will not be disclosed. The transaction comes to effect immediately. The Tamro-owned Apotek1 pharmacies will be incorporated into the Apotek Hjärtat pharmacy chain. The Apotek1 staff will transfer to the service of the buyer. Apotek1 currently employs 163 staff. − Tamro decided not to buy any pharmacies in the state pharmacy auction in November and established its own pharmacy chain Apotek1 in January 2010. We have been looking for

TONY JOHANSSON APPOINTED AS MANAGING DIRECTOR OF TAMRO SWEDEN RETAIL ORGANIZATION

Tony Johansson (46), has been appointed as the Managing Director of Tamro Sweden retail organization and a member of the Tamro Group Nordic Management Team. Located in Stockholm he will be responsible for Tamro Sweden retail business development and management. He will report to Tamro Group President & CEO Juha Koponen. Johansson has extensive experience in retail business. He comes to Tamro from Diplom-IS where he has been the Managing Director since 2007. Before that he has worked over 24 years at Shell Sweden in various sales management positions, the latest being the Retail Manager of

TAMRO GROUP FINANCIAL STATEMENTS 1 FEBRUARY 2008–31 JANUARY 2009: STRONG RESULT IN A CHALLENGING BUSINESS ENVIRONMENT

Financial year highlights• Tamro Group’s annual net sales in the financial year 2008/09 amounted to EUR 5,534 (5,605) million, down by 1.3% from the previous year due to the fluctuating exchange rates and the new accounting procedure on some distribution contracts.• Operating profit improved to an all-time-high EUR 139 (122) million, and the operating margin to 2.5 (2.2)%. Net profit was EUR 93 (89) million.• Tamro Group further expanded its business through retail acquisitions and the establishment of new pharmacies. The volumes handled by the wholesale division reached record levels,

TAMRO GROUP INTERIM REPORT FEBRUARY–JULY 2008

• Tamro Group net sales in February–July amounted to 2,776 (2,753), an increase of 0.8%. Net sales in May–July amounted to EUR 1,389 (1,401) million, a decrease of 0.9%.• The profit before taxes in February–July was EUR 66 (60) million, an increase of 10.5%. The profit margin was 2.4 (2.2)%.• Market growth continued to be more modest than expected mainly due to price decreases and government interventions in several markets. Labour conflicts in the health care sector in Sweden and Denmark, combined with poor availability of pharmacists in Norway and the Baltic states impacted the

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