Nolato six months 2007: Very strong growth for Nolato Medical and recovery for Nolato Telecom in Q2

Nolato six months 2007: Very strong growth for Nolato Medical and recovery for
Nolato Telecom in Q2

In today's six-month interim report for 2007, Nolato reported very strong growth
for Nolato Medical and improved earnings for Nolato Telecom in the second
quarter, compared to the first quarter this year. 

“During the second quarter, Nolato Medical had an increase in sales of 176
percent, and earnings nearly tripled compared to the same period in 2006,” said
Georg Brunstam, who is President and CEO of Nolato. “The acquisitions of Medical
Rubber and Cerbo have performed very well, while organic growth was 22 percent.

“Earnings at Nolato Telecom improved in the second quarter, with better volumes
compared to the first quarter,” Mr. Brunstam noted. ”Lower sales, compared to
the same period in 2006, are largely due to the loss of BenQ and a change in
product mix for Nolato Telecom, with a lower share of purchased components.”

Sales for the Group in the first half of the year totaled SEK 1,196 M (1,461)
and EBITA excluding non-recurring items was SEK 86 M (113). Net income was SEK
51 M (88) and earnings per share were SEK 1.94 (3.35). Adjusted earnings per
share, excluding non-recurring items as well as intangible writedowns for
company acquisitions, were SEK 2.20 (3.35). 

“Cash flow after investments was very strong at SEK 104 M (102), excluding
acquisitions and disposals,” Mr. Brunstam said.

“Volumes at Nolato Industrial were good, with solid growth in sales and improved
earnings.” 

During the second quarter, two operations with printed cardboard packaging for
the pharmaceutical industry, which were included in the acquisition of Cerbo but
are outside Nolato's core business, were disposed of.

The complete report is available at www.nolato.com

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For further information, please contact:
Georg Brunstam, President and CEO, telephone +46 431 44 22 94 or mobile phone
+46 708 55 12 51
Per-Ola Holmström, Executive Vice President and CFO, telephone +46 431 44 22 93
or mobile phone +46 705 76 33 40

The Nolato Group is a high-tech developer and manufacturer of polymer components
and product systems for leading customers in telecommunications, automotive
products, white goods, medical technology, hygiene and other selected industrial
sectors. The Group has operations in Sweden, China, Estonia, Hungary, Japan,
Malaysia, Norway, Poland and Czech Republic. Nolato's shares are quoted in the
OMX Nordic Exchange, Mid Cap, Information Technology. www.nolato.com