WM-data: Year-end Report for the 2002 Financial Year


STOCKHOLM, Sweden, Feb. 7, 2003 (PRIMEZONE) -- WM-data (Other OTC:WMDTF) (Stockholm:WMb):


 -- Sales amounted to SEK 7 100 M (11 975) for full-year 2002 and
    SEK 1 880 M (2 145) for the fourth quarter. Sales for core
    operations for the full-year totaled SEK 7 070 M (7 535).

 -- Income after net financial items, reversal of the items affecting
    comparability and goodwill write-downs, amounted to SEK 239 M
    (258). The corresponding result in the fourth quarter was SEK 97
    M (116). Income after net fi nancial items was SEK -960 M (11).

 -- The development project for the Norwegian tax authorities will
    be restructured and since the financial consequences cannot be
    definitively determined, WM-data has allocated provisions totaling
    SEK 420 M, of which SEK 350 M during the fourth quarter. The
    total amount corresponds to the earnings effect of a cancellation
    of the project in its entirety and is reported as an item affecting
    comparability.

 -- WM-data charged write-downs of goodwill totaling SEK 529 M against
    earning for full-year 2002, of which SEK 14 M was charged in
    the fourth quarter.

 -- The cost-savings program announced in the third quarter has been
    extended and will involve slightly more than 600  employees.
    Accordingly, earnings for the full-year were charged with an item
    affecting comparability totaling SEK 240 M, of which SEK 115 M
    was charged in the fourth quarter.

 -- During the year, WM-data strengthened its position as a leading
    supplier of total solutions, including new agreements with Volvo
    Car Corporation, the Central Student Aid Board, Statistics Sweden,
    SSAB, the National Housing Board and Sonofon.

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