Interim report Nine months ended January 31, 2000

Interim report Nine months ended January 31, 2000

· An operating loss of SEK 26 M (loss: 134) was reported, an improvement of SEK 108 M. Before items affecting comparability the operating loss was SEK 45 M (loss: 188).

· The sale of IGS and the related provisions for divestment costs had a favorable impact on the third quarter of SEK 19 M.

· A new share issue, with preferential rights for existing shareholders was implemented during December and generated proceeds of SEK 134 M after deduction of issue expenses.

· A new share issue to holders of convertible debentures, corresponding to an increase in the Group's shareholders' equity of SEK 210 M after deduction of issue expenses, was carried out in February.