INTERIM REPORT FOR THE PERIOD JANUARY 1 – SEPTEMBER 30, 2005

• Net sales rose 7% to SEK 2,763 M (2,579). Adjusted for currency effects and acquisitions, net sales increased by 4% compared with the year-earlier period. • Operating income before amortization of intangible fixed assets (EBITA) rose by 17% to SEK 239 M (205) and the EBITA margin was 8.7% (7.9). Income after financial items increased by 17% to SEK 225 M (192). • Income after tax rose 20% to SEK 162 M (135) and earnings per share amounted to SEK 4.05 (3.38). • The return on operating capital for the most recent 12-month period was 26% (24). • In September 2005, Indutrade signed an agreement to acquire the Swedish technology sales company Satron Instruments Process & Project AB. The company reported net sales of SEK 41 M for the most recent 12-month period. • On October 5, 2005, Indutrade was listed on the O-List of the Stockholm Stock Exchange.