ACCELERATING GROWTH RATE IN THE PRIVATE PORTFOLIO DURING Q3

AB Novestra’s U.S.-based private portfolio companies have experienced an accelerated growth rate during the first two months of the third quarter.

Explorica, Inc., MyPublisher, Inc. and Strax Holdings, Inc. as well as the indirect holding in Speedera, Inc., through Continuum Group Ltd, have had a sales growth during July and August of between 64 and 108 percent compared to the same period the previous year. The private Swedish portfolio companies Qbranch AB and Netsurvey AB have also experienced continued strong growth during the period, although at a slower pace than the U.S. holdings.

“The CEOs in our private portfolio companies are very optimistic about the future and believe in continued strong growth with profitability. For 2005, we see possibilities of continued strong growth for several of the companies,” Novestra’s Managing Director, Peter Ekelund, says in connection with a company presentation at Stockholm Fondkommission this morning.
For further information, please contact Peter Ekelund, Managing Director, AB Novestra, phone No. +46 8 545 017 50.

About AB Novestra
Novestra is an independent investment company with a portfolio of small cap private as well as public companies. Novestra focuses on investing in companies with substantial growth or value potential.

Novestra’s portfolio of companies consists of i.a. Explorica, Inc., FLEXbridge Technologies, LLC,
IBS AB (publ), inWarehouse AB (publ), Lagercrantz Group AB (publ), MyPublisher, Inc.,
Netsurvey AB, Pergo AB (publ), Qbranch AB and Strax Holdings, Inc. as well as the co-investment vehicle Continuum Group Ltd. The Novestra shares are listed on the O List of Stockholmsbörsen (the Stockholm Stock Exchange).

For further information regarding AB Novestra, please see www.novestra.com .

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