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AINMT Holdings AB: FY2012 RESULTS ANNOUNCEMENT

AINMT Holdings AB: FY2012 RESULTS ANNOUNCEMENT

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<b>Stockholm,
July 8 2013</b> – AINMT
Holdings AB, the parent company of Net 1 in Sweden and Denmark and ice.net in
Norway, today releases its results for the year ending 31 December 2012.

<b><i>Strong financial
performance
</i></b><i>In 2012, service revenues grew by 39% to MSEK 512.6 (2011 / MSEK 368.8).
Group EBITDA improved to MSEK&nbsp;-9.5 in 2012 (2011 / MSEK -155.8). In
addition, the Group achieved a significant milestone in 2012, by turning EBITDA
positive on a monthly basis since June.</i>
<i>

”The development in all markets where we operate was yet again positive
in 2012, and our base continues to grow. The demand for data and more robust /
complementary solutions ensures that the outlook remains positive for us and
also drives us to continue investing. The Group now has significant experience
and know-how in operating low frequency mobile data networks and we are keen to
expand into other markets outside Scandinavia”, said JD Fouchard, CEO of AINMT.

</i>
<table>
<tbody><tr>
<td>

&nbsp;MSEK

</td>

<td>
2012

</td>
<td>
2011

</td>
<td>
2010

</td>
</tr>
<tr>
<td>
Service revenues

</td>

<td>
512.6

</td>
<td>
368.8

</td>
<td>
266.0

</td>
</tr>
<tr>
<td>
EBITDA*

</td>

<td>
-9.5

</td>
<td>
-155.8

</td>
<td>
-300.8

</td>
</tr>
<tr>
<td>
Net profit/loss for the year

</td>

<td>
-175.0

</td>
<td>
-252.9

</td>
<td>
-234.9

</td>
</tr>
<tr>
<td>
Book equity

</td>

<td>
455.3

</td>
<td>
512.6

</td>
<td>
517.6

</td>
</tr>
<tr>
<td>
Total assets

</td>

<td>
983.2

</td>
<td>
1&nbsp;009.4

</td>
<td>
860.9

</td>
</tr>
<tr>
<td>
Number of employees

</td>

<td>
59

</td>
<td>
51

</td>
<td>
50

</td>
</tr>
<tr>
<td>
Equity/assets ratio

</td>

<td>
46.4%

</td>
<td>
50.9%

</td>
<td>
60.1%

</td>
</tr>
</tbody></table>

<b>For more
information, please contact:
</b>Ann Winitsky
E-mail: info@ainmt.com

<b><i>About AINMT
</i></b><i><i>AINMT Holdings is the parent company of Net 1 in
Sweden and Denmark and ice.net in Norway. The AINMT group provides 3G mobile
broadband internet access, VoIP telephony and machine-to-machine solutions for
consumers and businesses.</i></i>
<i>

<i>The AINMT
group’s vision is to extend broadband services throughout Scandinavia by its
use of the 450 MHz frequency in Sweden, Denmark and Norway. The group operates
a highly-efficient complementary low-frequency 450 MHz network using
state-of-the-art Ericsson equipment. Priority-service customers such as police,
ambulances, coast guard and the Red Cross reflect the superior performance,
coverage and reliability of the group’s services.</i>
<i>
The group´s mobile broadband has unbeatable coverage and operates throughout
Scandinavia. It is the only operator to provide nation-wide broadband coverage
with an offshore reach of up to 120 km. Our network covers up to 95% of Sweden,
up to 98% of Denmark and up to 75% of Norway. AINMT is one of the
fastest-growing operators in Scandinavia.</i>

</i>

Pressreleasen kommer från: Newsdesk

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