Telelogic Year end report 2004

* 24.4% operating margin during fourth quarter * 20% revenue growth in local currency during fourth quarter * Telecom returns to growth during fourth quarter * Good growth in Americas and EMEA but weak development in Asia during fourth quarter * Growth for all three product families during fourth quarter * SEK 116.4 million in positive cash flow for full year Oct - Dec 2004 Revenues, SEK million 301.0 (262.6) Pre-tax profit, SEK million 71.4 (43.3) Income after tax, SEK million 58.3 (30.5) Earnings per share, SEK 0.27 (0.15) Jan - Dec 2004 Revenues, SEK million 1,039.3 (937.0) Pre-tax profit, SEK million 166.4 (5.2) Income after tax, SEK million 123.1 (-16.1) Earnings per share, SEK 0.57 (-0.08) Key numbers for corresponding period from previous year in parenthesis. The full report is available for download as pdf-file.