Strong second quarter for Nolato

Strong second quarter for Nolato

Nolato's sales and earnings have both continued to increase. During the second
quarter of 2008, sales rose by 13 percent to SEK 694 M (616) and earnings per
share by 48 percent to SEK 1.75 (1.18).

“All our business areas have grown, and our profitable growth has continued,”
says Hans Porat, President and CEO of Nolato. “Overall, the Group's margin has
risen to 8.8 percent (7.5).

“We also received orders during the second quarter for a number of projects for
future deliveries.”

Nolato Medical saw sales rise by 13 percent to SEK 158 M (140), while operating
income (EBITA) increased to SEK 22 M (18). The margin grew to 13.9 percent
(12.9). Volumes were high during the quarter, particularly within pharmaceutical
packaging.

Nolato Telecom's sales rose by 24 percent to SEK 277 M (223), with operating
income (EBITA) up 64 percent to SEK 23 M (14). The margin grew to 8.3 percent
(6.3). Sales during the quarter consisted largely of products launched during
2008, for which volumes have shown excellent growth. Product deliveries began at
the end of the quarter to the new Canadian customer, RIM, whose operations
include developing and producing the BlackBerry.

“The business area's Chinese operations are continuing to experience
considerable growth and, since certain Nolato customers have questioned the use
of Malaysia as a production country, we have decided to close the production
unit in Kuala Lumpur during the fourth quarter so that we can focus on China. It
is not anticipated that this will result in any significant future non-recurring
items.”

Nolato Industrial's sales rose slightly to SEK 259 M (257), with operating
income (EBITA) up 16 percent to SEK 22 M (19). The margin grew to 8.5 percent
(7.4). Volumes were high during the quarter, particularly to the engineering
industry and other industries, although a drop in demand within the automotive
industry was noted.

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For further information, please contact:
Hans Porat, President and CEO, telephone +46 431 442294 or mobile phone +46 705
517550
Per-Ola Holmström, Executive Vice President and CFO, telephone +46 431 442293 or
mobile phone +46 705 763340

The Nolato Group is a global high-tech developer and manufacturer of polymer
components and product systems for leading customers in telecommunications,
automotive products, white goods, medical technology, pharmaceuticals, hygiene
and other selected industrial sectors. Nolato's shares are quoted on the OMX
Nordic Exchange, Small Cap, Information Technology.