Year-end Report, January – December 2012

"The fourth quarter marked a brisk conclusion to 2012, which was a new record
year for eWork in many respects. In the year, we delivered SEK 3.5 billion-worth
of consulting services. The fourth quarter was the first individual quarter with
sales of over SEK 1 billion, 3,150 consultants on assignment and an order
intake exceeding SEK 1.5 billion. Accordingly, we strengthened our
positioning as one of the leading consultant suppliers in the Nordics."

Claes Ruthberg, President and CEO
FOURTH QUARTER 2012 COMPARED WITH 2011

  · Net sales rose by 33 percent to SEK 1,009.2 million (760.9)
  · Operating profit was SEK 18.3 million (18.3)
  · Order intake was SEK 1,571 million (1,406), an increase of 12 percent
  · Diluted earnings per share after tax were SEK 0.82 (0.82)
  · A new Group management was appointed, reinforced by operational business
managers
  · New framework agreements signed on accounts including CSN and SPV in Sweden,
SKI (the government procurement service) in Denmark, and NPRA (the National
Public Roads Administration) in Norway.
  · The Board of Directors has decided to propose a dividend of SEK 2.50 (1.85)
per share to the AGM.

FULL YEAR 2012 COMPARED WITH 2011

  · Net sales rose by 35 percent to SEK 3,525.1 million (2,611.8)
  · Operating profit increased by 11 percent to SEK 61.9 million (56.0)
  · Diluted earnings per share after tax were SEK 2.74 (2.48)
  · Demand for eWork’s services was good despite demand on the consulting market
generally levelling off.
  · The sales mix contained a higher share of outsourcing and takeover
contracts, which explains the lower operating margin.
For further information please contact:
Claes Ruthberg, CEO +46-70-3746475, E-mail: claes.ruthberg@ework.se
 (ulf.henning@ework.se)Magnus Eriksson, CFO, +46 733 82 84 80, E-mail:
magnus.eriksson@ework.se (ulf.henning@ework.se)
eWork Scandinavia AB is a full-range consulting provider with more than 3,000
consultants on assignment in the IT, telecom, technology, and business
development fields. Based in Sweden, Finland, Denmark and Norway, eWork delivers
consultants globally. eWork’s business model is based on a network of
over 60,000 consultants and framework agreements with over 130 customers among
the leading companies in most industries in the Nordic countries. The Company’s
shares are listed on NASDAQ OMX Stockholm.