Interim report Jan. -- Sept. Pyrosequencing


UPPSALA, Sweden, Oct. 23, 2003 (PRIMEZONE) --



 Interim report January - September 2003

 Uppsala, Sweden, October 23, 2003. Pyrosequencing AB (Stockholm: PYRO A)
 today reported results for the first nine months 2003.

Highlights (Figures in brackets refer to the same period 2002) - Sales during the period amounted to 68.6 MSEK (63.4 MSEK) - Operating result excluding non-recurring items for the period was - 116.7 MSEK (-117.4 MSEK) - Result after tax was -189.6 MSEK (-120.6 MSEK) for the period - Earnings per share amounted to - 5.44 SEK (-3.47 SEK) for the period - The acquisition of Personal Chemistry was approved by an extraordinary general meeting, the integration is progressing according to plan - Sale of an exclusive license for whole genome sequencing to 454 Life Sciences for a minimum of 36.6 MSEK - Agreement regarding acquisition of Biotage for approximately 230 MSEK



 For further information, please contact
 Jeff Bork                          Mats-Olof Wallin
 Chairman of the Board and CEO      Chief Financial Officer
 jeff.bork@pyrosequencing.com       mats-olof.wallin@pyrosequencing.com
 +46 734 22 16 60                        +46 705 93 52 73

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