OM Interim Report January - June 2003


STOCKHOLM, July 16, 2003 (PRIMEZONE) -- OM Interim Report January - June 2003


 -        Revenue totaled SEK 1 207 m (1 416)
 -        Loss after financial items amounted to SEK 521 m (+58)
 -        Operating loss amounted to SEK 513 m (+65)
 -        Loss after tax was SEK 457 m (+45)
 -        Earnings per share at SEK -5.44 (+ 0.54)
 -        Merger with HEX; completion expected in early September
 -        Focus and streamlining program; restructuring costs of SEK 624m
 -        EDX London starts trading; SEK 100 m in captial gains

Enclosed you will find OM AB's Interim Report January - June 2003. The report is also available on www.om.com.

Welcome to the press and analyst briefing today at 11.00 CET OM's head office at Norrlandsgatan 31, Stockholm. For those unable to attend the briefing at Norrlandsgatan, it will be possible to listen in via conference call at the following number: UK dial in number +44 (0)20 7162 0180 US dial in number +1 334 323 6203 Sweden dial in number +46 8 505 201 14

OM's acting President and CEO, Magnus Bocker, will present the report in English together with OM's CFO, Per Nordberg. For further information or comments, please contact:


 Magnus Bocker, acting CEO                       +46 8 405 66 44
 Per Nordberg, CFO                               +46 8 405 77 22
 Jakob Hakanson, VP Investor Relations           +46 8 405 60 42
 Anna Eriksson, VP Marketing & Communications    +46 8 405 66 12

This information was brought to you by Waymaker http://www.waymaker.net

The full report is available for download:

http://www.waymaker.net/bitonline/2003/07/16/20030715BIT00460/wkr0001.pdf

http://www.waymaker.net/bitonline/2003/07/16/20030715BIT00460/wkr0002.pdf


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