IFS repurchases own shares

On the basis of the authorization received from the 2012 annual general meeting
(AGM), the board of directors of Industrial and Financial Systems, IFS AB
(“IFS”), (XSTO: IFS), has decided to repurchase a maximum of 250,000 B shares in
IFS, which corresponds to approximately 1.0 percent of all shares in the
company, for a maximum aggregate consideration of SKr 30 million.
The purpose of the repurchase is to accord the board a greater possibility to
adjust the company’s capital structure and thereby contribute to increased
stockholder value. The repurchase will be made on Nasdaq OMX Stockholm pursuant
to applicable rules, at a share price that falls within the registered range
between the highest bid price and the lowest asking price at the time of
acquisition, provided the price does not exceed the higher of the price of the
last independent trade and the highest current independent bid price.
Repurchases will be made as soon as possible, during the period from May 24 up
to and including August 31, 2012, subject to prevailing legal provisions.

The total number of shares of all series in IFS currently amounts to 25,980,922.
On the basis of authorization previously received by the AGM, IFS currently
holds 846,966 B shares in own custody, of which 600,000, in accordance with the
2012 AGM resolution, are in the process of being cancelled.
Contact Information
Anne Vandbakk
Telefon: 46 8 58 78 45 00
Corporate Communications Director
anne.vandbakk@ifsworld.com

Frédéric Guigues
Telefon: 46 8 58 78 45 00
Investor Relations
frederic.guigues@ifsworld.com
About IFS
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies,
and implements IFS Applications™, a component-based extended ERP suite built on
SOA technology. IFS focuses on industries where any of four core processes are
strategic: Service & asset management, manufacturing, supply chain and projects.
The company has 2,000 customers and is present in approximately 60 countries
with 2,800 employees in total. Net revenue in 2011 was SKr 2.6 billion.

More information on IFS is available at www.IFSWORLD.com

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IFS discloses the information provided herein pursuant to the Financial
Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528).
The information was submitted for publication on May 23, 2012 at 6.00 p.m.
(CEST).