Interim Report January - September 2008

* The Group's net sales for the period amounted to MSEK
  497.6 (383.8).

* The Group's operating result before depreciation and change in
  value of financial instruments and associated companies was MSEK
  63.1 (44.4). The operating result amounted to MSEK 4.9 (35.6),
  where change in value of financial instruments and associated
  companies affected the result by MSEK -28.5 (9.1).

* The Group's result after tax for the period was MSEK -4.8 (37.9),
  equivalent to SEK -0.83 (6.62) per share. All per share key ratios
  have been adjusted with respect to reverse stock split made in
  October 2008. The reverse stock split meant that 50 shares were
  merged to 1.

* The Group's net sales for the third quarter 2008 amounted to MSEK
  127.6 (127.8). The Group's result after tax for the third quarter
  2008 was MSEK -4.3 (19.2).

* The Parent Company's result after tax for the period was MSEK
  55.3 (6.2), equivalent to SEK 9.67 (1.08) per share.

* The Parent Company's result after tax for the third quarter 2008
  was MSEK 78.0 (-1.4), equivalent to SEK 13.65 (-0.24) per share.

* Equity in the Parent Company as per 30 September 2008 amounted to
  MSEK 560.7 (526.8), equivalent to SEK 98.04 (92.11) per share. The
  equity ratio was 99 (98) percent.



Q3-Report in full, see below (pdf)


For more information:
Alf Blomqvist, CEO Ledstiernan AB, mobile: +46 733 14 97 21
Fredrik Lindgren, CFO Ledstiernan AB, mobile: +46 708 54 44 20



About Ledstiernan
Ledstiernan AB (publ) is a venture capital company with the business
concept to, as an active owner, help growth companies realize their
potential with a view to attain maximum tong-term value growth. The
portfolio currently comprises 11 core investments. The Company's
shares are listed on the OMX Nordic Exchange.


Ledstiernan AB, Grev Turegatan 18, SE-114 46 Stockholm, Tel: +46
8-545 035 00, Fax: +46 8-545 035 35, www.ledstiernan.com