IFS continues repurchasing own shares

IFS continues repurchasing own shares

In addition to previously communicated repurchases, the board of directors of
Industrial and Financial Systems, IFS AB (“IFS”), (XSTO: IFS), has decided, on
the basis of the authorization received from the annual general meeting, to
further 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 25 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 February 9
up to and including March 21, 2012, subject to prevailing legal provisions.

The total number of shares of all series in IFS currently amounts to 25,979,922.
As per the latest trading day, February 8, 2012, IFS held 698,907 B shares in
own custody.

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