Poolia: Interim Report for January 1

STOCKHOLM, Sweden, Nov. 05, 2003 (PRIMEZONE) -- Poolia AB:

Poolia halved its rate of losses compared with the year-earlier period. The improved operating result shows that the Group's cost-cutting measures during the year have yielded results. Further measures will be necessary to reach profitability.

Market and business climate

The market showed no signs of recovery during the period. The demand situation was slightly better than in the second quarter, although still below our expectations since the third quarter is normally the most profitable period and has the most days of invoicing. We are focusing on continued productivity improvements.

Poolia Professionals

During the period, Poolia Professionals signed a major framework agreement with the public sector. The agreement became effective on October 1, 2003. The independent market research company Exido conducts bi-annual surveys targeting decision makers with staffing and recruitment responsibilities. The latest autumn survey revealed that Poolia Professionals Sweden had the most satisfied customers in the industry.

Uniflex

The Uniflex subsidiary posted an operating profit for the period, largely attributable to sales growth. Uniflex reported year-on-year sales growth of 22% during the period.

For further information, please contact: Erik Strand, President and Chief Executive Officer (Tel: +46-8-555 650 60) Kjell-Ake Jagenstedt, Chief Financial Officer (Tel: +46-8-555 650 09)

Poolia is a leading player in the market for professional staffing and is active in approximately 20 locations in Sweden, Norway, Denmark, Finland and Germany. Operations include the Temporary Staffing, Recruitment/Search and Outsourcing service areas. Poolia is divided into two brands - Poolia Professionals and Uniflex. Poolia Professionals provides professional staffing in the Accounting, Bank & Finance, IT, Office, Human Resources, Payroll, Technical, Sales & Marketing, Legal, Healthcare and Life Science service segments. The subsidiary Uniflex is one of the largest companies in the generalist staffing segment in Sweden. Uniflex offers services in the receptionist, customer service, switchboard, call-center, industry & warehousing and facility services areas.



 INTERIM REPORT FOR JANUARY 1 - SEPTEMBER 30, 2003
 .        Sales declined 3.5% to SEK 567.8 M (588.5).
 .        A loss of SEK 16.9 M was reported after tax (loss: 31.1).
 .        The loss per share was SEK 0.73 (loss: 1.35).
 .        A loss after financial items of SEK 16.1 M (loss: 40.2) and an
          operating loss of SEK 25.3 M (loss: 51.9) were reported.
 .        The Group's operating loss for the third quarter was a SEK 1.2
          M improvement compared with the third quarter of 2002.
 .        Uniflex reported an operating profit for the third quarter.

Sales

Sales declined 3.5% to SEK 567.8 M (588.5). Sales from operations outside Sweden amounted to SEK 106.0 M (101.6). Sales related to the operations of the subsidiary Uniflex AB amounted to SEK 127.5 M (97.2). Temporary Staffing continues to be the predominant service area. Accounting is the largest occupational segment in absolute terms. Forthcoming financial reports



 February 20, 2004              Year-end Report, 2003

Stockholm, November 5, 2003

Erik Strand

President and Chief Executive Officer

Information

This interim report has been prepared in accordance with the Financial Accounting Standards Council's Recommendation RR20 - Interim Reporting. The accounting and calculation principles are unchanged compared with the 2002 Annual Report. From 2003 onwards, the Financial Accounting Standards Council's Recommendation RR25 on segment accounting is applicable. Poolia's primary segments are Professionals Sweden, Professionals Other Nordic Countries, Professionals Germany and Uniflex.

This interim report has not been reviewed specifically by the Company's auditors.

For further information, please contact: Erik Strand, President and Chief Executive Officer (Tel: +46-8-555 650 60) Kjell-Ake Jagenstedt, Chief Financial Officer (Tel: +46-8-555 650 09)

Poolia AB (publ) Warfvinges vag 20 Box 30081 S-104 25 Stockholm Tel: +46-8-555 650 00 Fax: +46-8-555 650 01 Org.no: 556447-9912 www.poolia.se

Poolia: Interim Report for January 1 - September 30, 2003

President and CEO Erik Strand's Comments On Poolia's Third Quarter

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