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1 Quarter 2010
            EDB
       April 20, 2010
One improved EDB launched

Capabilities aligned and coordinated
New and powerful consulting unit in place
Card Services in solutions area in B&F
Enabling synergy realization
Simplified legal structure
New logo symbolize the change

 Very positive feedback from customers



                                            1 Quarter 2010
                                                   Page 2
Q1 highlights Group

Revenue          1,824 million      (5% y/y)

EBITA              134 million
                    3                 0% y y
                                       % y/y

EBITA margin            7.4 %



 Positive
 P iti revenue trend after challenging 2009
                t   d ft    h ll   i
 Improved EBITA margin
 New signings NOK 1.3 bn


                                               1 Quarter 2010
                                                      Page 3
Q1 Key metrics

(NOK million)
      illi )

Revenue                       EBITA                      EBIT


1,824
1 824 134 92
Q1 09: NOK 1,936 mill (-5%)   Q1 09: NOK 135 mill (0%)   Q1 09: NOK 105 mill (-12%)



Cash-flow                     CAPEX                      EPS (NOK)
                                                             (   )


-182 37
 182
Q1 09: NOK 19 mill            Q1 09: NOK 39 mill (-5%)
                                                         0.40
                                                         Q2 09: NOK 0.49 (-18%)




                                                                             1 Quarter 2010
                                                                                      Page 4
Positive Y/Y revenue trend

Change in revenue per quarter y/y




                                    1 Quarter 2010
                                           Page 5
Revenue distribution

Revenue by business area   Revenue by industry




                                                 1 Quarter 2010
                                                        Page 6
Solid order backlog NOK 12,1 bn

New signings Q1 NOK 1,3 bn   Order backlog secures visibility
                             O
Order backlog




                             NOK mill
– IT Operations NOK 8 8 bn
                    8,8




                               K
– Solutions 2,7 bn
– Consulting 0,6 bn




                                                         1 Quarter 2010
                                                                Page 7
BUSINESS AREAS

Highlights
Key fi
K figures
Q1 highlights – IT Operations

                           (NOK MILLION)       Q1 2010   Q1 2009*       Y/Y
Organic growth in all      Operating revenue   1,076      1,102       -2%
segments except Industry   EBITA                   85         74      15%

Continued cost control     EBITA %                7.9        6.7
                           CAPEX                   32         33      -4%
secures strong EBITA
                           Employees           1,987      1,913
growth
gro th
Managing Capex; -4% y/y
New signings NOK 700
million
Swedish Tax Agency;
SEK 50 million
                                                          *Pro forma figures
                                                               1 Quarter 2010
                                                                      Page 9
Q1 highlights – Consulting

                              (NOK MILLION)       Q1 2010   Q1 2009*       Y/Y
Billable utilisation; 75%     Operating revenue     452        522      -13%

Still challenging market in   EBITA                   29         38     -22%

Industry segment              EBITA %                6.5        7.2
                              CAPEX                    1          3     -58%
Growth in global sourcing
          g             g     Employees
                                p y               2,870
                                                   ,         2,907
                                                              ,
revenue +9%
Frame agreement
       g
Regeringskansliet 2+2
years
Successful implementation
of SAP-project to Expert
                                                             *Pro forma figures
                                                                  1 Quarter 2010
                                                                        Page 10
Q1 highlights – Solutions

                               (NOK MILLION)       Q1 2010   Q1 2009            Y/Y
Outperforming market in        Operating revenue     403       374             8%
B&F with 12% growth            EBITA                   49        48            2%

Strong solution portfolio      EBITA %               12.1      12.7
                               CAPEX                    0         1       -100%
and unique competencies
                               Employees
                                 p y               1,015
                                                    ,          980
Exploring partnership with
DnB NOR
Significant card contract in
Finland; NOK 120 million



                                                                       1 Quarter 2010
                                                                             Page 11
OUTLOOK

Future prospects
Opportunities in a challenging market

Market outlook by Industries       EDB`s growth initiatives
CAGR 2010–2012
                                    Strong innovation in
                                    solutions portfolio B & F
 Public
 sector
                                    Internet bank Apps on iPad
Banking
  and
                                    Utilize
                                    Utili on i
                                             increased
                                                     d
Finance                             demand in Public sector
Telecom                             New and powerful
                                    Consulting unit
Industry
                                    Premium ppartner Microsoft
           0   1   2   3   4   5    Sharepoint 2010
Source IDC



                                                                 1 Quarter 2010
                                                                       Page 13
Premium Launch Partner for Wave 14

Microsoft’s Largest Product     Global launch 12 May 2010
Launch in Years
EDB selected as premium
launch partner in Norway
Significant market potential
Building capabilities to meet
market demand
Integrated to EDB desktop
solution Skala
– More than 100 000 end users
            100,000 end-users




                                                       1 Quarter 2010
                                                             Page 14
Q1 2010

Summary
Summary Q1 and 2010 – Group


  One EDB welcomed by
                    y
  customers
  Positive revenue trend and             OUR VISION:
                                       The best partner for
  growth in key areas                creating lasting value
                                       from information
  Improved EBITA margin
    p               g                   technology for
                                       Nordic
                                       N di customers
                                                   t
                                       around the world
  Executing operational priorities
  Innovation and partner focus
  I     ti     d    t    f


                                                              1 Quarter 2010
                                                                    Page 16
www.edb.com

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First quarter 2010

  • 1. 1 Quarter 2010 EDB April 20, 2010
  • 2. One improved EDB launched Capabilities aligned and coordinated New and powerful consulting unit in place Card Services in solutions area in B&F Enabling synergy realization Simplified legal structure New logo symbolize the change Very positive feedback from customers 1 Quarter 2010 Page 2
  • 3. Q1 highlights Group Revenue 1,824 million (5% y/y) EBITA 134 million 3 0% y y % y/y EBITA margin 7.4 % Positive P iti revenue trend after challenging 2009 t d ft h ll i Improved EBITA margin New signings NOK 1.3 bn 1 Quarter 2010 Page 3
  • 4. Q1 Key metrics (NOK million) illi ) Revenue EBITA EBIT 1,824 1 824 134 92 Q1 09: NOK 1,936 mill (-5%) Q1 09: NOK 135 mill (0%) Q1 09: NOK 105 mill (-12%) Cash-flow CAPEX EPS (NOK) ( ) -182 37 182 Q1 09: NOK 19 mill Q1 09: NOK 39 mill (-5%) 0.40 Q2 09: NOK 0.49 (-18%) 1 Quarter 2010 Page 4
  • 5. Positive Y/Y revenue trend Change in revenue per quarter y/y 1 Quarter 2010 Page 5
  • 6. Revenue distribution Revenue by business area Revenue by industry 1 Quarter 2010 Page 6
  • 7. Solid order backlog NOK 12,1 bn New signings Q1 NOK 1,3 bn Order backlog secures visibility O Order backlog NOK mill – IT Operations NOK 8 8 bn 8,8 K – Solutions 2,7 bn – Consulting 0,6 bn 1 Quarter 2010 Page 7
  • 9. Q1 highlights – IT Operations (NOK MILLION) Q1 2010 Q1 2009* Y/Y Organic growth in all Operating revenue 1,076 1,102 -2% segments except Industry EBITA 85 74 15% Continued cost control EBITA % 7.9 6.7 CAPEX 32 33 -4% secures strong EBITA Employees 1,987 1,913 growth gro th Managing Capex; -4% y/y New signings NOK 700 million Swedish Tax Agency; SEK 50 million *Pro forma figures 1 Quarter 2010 Page 9
  • 10. Q1 highlights – Consulting (NOK MILLION) Q1 2010 Q1 2009* Y/Y Billable utilisation; 75% Operating revenue 452 522 -13% Still challenging market in EBITA 29 38 -22% Industry segment EBITA % 6.5 7.2 CAPEX 1 3 -58% Growth in global sourcing g g Employees p y 2,870 , 2,907 , revenue +9% Frame agreement g Regeringskansliet 2+2 years Successful implementation of SAP-project to Expert *Pro forma figures 1 Quarter 2010 Page 10
  • 11. Q1 highlights – Solutions (NOK MILLION) Q1 2010 Q1 2009 Y/Y Outperforming market in Operating revenue 403 374 8% B&F with 12% growth EBITA 49 48 2% Strong solution portfolio EBITA % 12.1 12.7 CAPEX 0 1 -100% and unique competencies Employees p y 1,015 , 980 Exploring partnership with DnB NOR Significant card contract in Finland; NOK 120 million 1 Quarter 2010 Page 11
  • 13. Opportunities in a challenging market Market outlook by Industries EDB`s growth initiatives CAGR 2010–2012 Strong innovation in solutions portfolio B & F Public sector Internet bank Apps on iPad Banking and Utilize Utili on i increased d Finance demand in Public sector Telecom New and powerful Consulting unit Industry Premium ppartner Microsoft 0 1 2 3 4 5 Sharepoint 2010 Source IDC 1 Quarter 2010 Page 13
  • 14. Premium Launch Partner for Wave 14 Microsoft’s Largest Product Global launch 12 May 2010 Launch in Years EDB selected as premium launch partner in Norway Significant market potential Building capabilities to meet market demand Integrated to EDB desktop solution Skala – More than 100 000 end users 100,000 end-users 1 Quarter 2010 Page 14
  • 16. Summary Q1 and 2010 – Group One EDB welcomed by y customers Positive revenue trend and OUR VISION: The best partner for growth in key areas creating lasting value from information Improved EBITA margin p g technology for Nordic N di customers t around the world Executing operational priorities Innovation and partner focus I ti d t f 1 Quarter 2010 Page 16