PRESS RELEASE REGARDING INTERIM REPORT NO. 4 (2001/2002) JULY 1, 2001 – JUNE 30, 2002 FOR AB NOVESTRA (PUBL.)

PRESS RELEASE REGARDING INTERIM REPORT NO. 4 (2001/2002) JULY 1, 2001 – JUNE 30, 2002 FOR AB NOVESTRA (PUBL.)

SUMMARY AND FINANCIAL HIGHLIGHTS

Novestra’s shareholders’ equity amounted to MSEK 322.6 (448.5) which corresponds to a value of SEK 13.8 (19.2) per share. The Group’s cash and cash equivalents amounted to MSEK 63.0 (140.5) which corresponds to SEK 2.7 (6.0) per share. Solidity amounted to 97.8% (97.7).

Novestra’s result for the period was MSEK –121.7 (–214.8) which corresponds to SEK –5.2 (–9.2) per share.

Cash and cash equivalents will increase with approx. MSEK 16 through transactions made after the end of the report period.

The majority of Novestra’s portfolio companies show positive cash flows or are fully financed and, despite the severe climate in the financial markets, most of the strategic portfolio companies have been able to show substantial sales increases during the first half of 2002.

For further information please contact Mr Nils Bengtsson, Managing Director, phone No. +46 8 545 017 50.

About AB Novestra

Novestra is an independent venture capital investment company with focus on investments in growth companies providing enabling network technologies and services for the communications industry. Novestra’s portfolio of companies includes B2 Bredband AB, Continuum Group Ltd, Explorica, Inc., myPublisher, Inc., Netsurvey AB, Qbranch AB and Strax Holdings, Inc. Novestra’s shares are listed on the O-List of Stockholmsbörsen.
For information regarding AB Novestra, please see www.novestra.com

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