2009-11-10 Press release: Interim report no. 3 for the financial year 2009

Significant improvement in results for the majority of the portfolio companies despite the generally weaker economic climate during the period

The Group’s net income amounted to MSEK 27.7 (-81.3) corresponding to SEK 0.75 (-2.18) per share. Equity as at September 30 2009 amounted to MSEK 358.9 (340.6), corresponding to SEK 9.65 (9.16) per share. Cash and cash equivalents including holdings in liquidity management amounted to MSEK 62.5 (49.4).

Continued positive development in the portfolio companies with increased market shares and significantly improved results, despite the very challenging market situation.

Novestra received dividends from the portfolio companies totaling MSEK 7.5 and none of the larger portfolio companies are expected to have any additional capital needs. MyPublisher have decided to pay out a minimum of MUSD 4 in dividends during 2009, of which approximately MSEK 7 relates to Novestra, and after the period, Novestra received approximately MSEK 3.6 through a redemption procedure from WeSC.

Providing the current development in the larger portfolio companies continues the Board of Directors see good possibilities for liquidity and positive value development.

“The portfolio companies have had a strong development and have gained market shares in a generally challenging business climate during the year. Several companies have even shown significantly improved results despite the challenges and we have after the summer seen clear signals that the market situation has improved which leads us to see positively regarding the development during the remainder of 2009 and for 2010.

We can conclude that we have a portfolio of companies who are strong, in interesting business areas, strong financial positions, and not to mention very competent managements, which has resulted in the companies making the most of the situation regardless of the economic situation, and thereby performing very strong despite the challenging market situation “, says Novestra’s Managing Director, Johan Heijbel.
For further information please contact Johan Heijbel, Managing Director, AB Novestra, telephone no. +46 8 545 01750.

The information provided in this report is such that AB Novestra is obliged to make public according to the Securities Market Act [sv. lagen om värdepappersmarknaden]. The information has been released to the media for publication on November 10, 2009 at 8.55 am (CET).

About AB Novestra
Novestra is an independent investment company with a portfolio of investments in a number of
privately held growth companies including Diino AB, Explorica, Inc., MyPublisher, Inc., Netsurvey AB,
Qbranch AB and Strax Holdings, Inc. In addition to the above Novestra holds 10 percent in WeSC AB,
listed on First North, NASDAQ OMX Stockholm.

The Novestra shares are listed on NASDAQ OMX Stockholm, under the symbol NOVE, in the Small
Cap section. For further information regarding AB Novestra, reference is made to www.novestra.com

Download interim report (PDF)

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