I N T E R I M R E P O R T J A N U A R Y - M A R C H 2 0 0 5

• Net total sales grew by 8.9 percent to SEK 217.2 million (199.5) • Operating profit was SEK 6.1 million (5.3) • Net earnings came to SEK -0.7 million (4.3) after IFRS-related adjustments of SEK -5.3 million (0.5) • Earnings per share amounted to SEK -0.12 (0.73) • Good earnings growth at Printing Works • Operating profit in 2005 is expected to at least match the level reached the previous year Västerås, 28 april 2005 VLT AB (publ) Lennart Foss CEO and Group President