SECOND QUARTER (JUNE 1 AUGUST 31, 2012) THE FIRST HALF YEAR (MARCH 1 AUGUST 31, 2012) SIGNIFICANT EVENTS DURING THE QUARTER

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1 SECOND QUARTER (JUNE 1 AUGUST 31, 2012) THE FIRST HALF YEAR (MARCH 1 AUGUST 31, 2012) SIGNIFICANT EVENTS DURING THE QUARTER SIGNIFICANT EVENTS SINCE THE END OF THE QUARTER

2 The Group (SEK millions, unless otherwise stated) Sales Operating profit Earnings after finance net Earnings after tax Cash flow Cash and cash equivalents Equity ratio, % Shareholders' equity Number of buses Estimated full time positions Quarter Period Full Year Rolling 12 m* Jun-Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11-Feb 12 Sep 11-Aug 12 THE GROUP Explanation items for revenue and earnings growth (SEK millions) Revenues Revenues and earnings EBIT Period March August 2011 Period March August

3 REGIONAL TRAFFIC BUSINESS AREA Tender situation per country, H 1 Tenders during the period Traffic during the period Submitted Won Submitted Won INTERREGIONAL TRAFFIC BUSINESS AREA 3

4 Trend interregional traffic (Swebus) Quarter Period Full year Rolling 12 m Jun-Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar-Feb 12 Sep 11-Aug 12 SECOND QUARTER (JUNE 1 - AUGUST 31, 2012) THE FIRST HALF YEAR (MARCH 1 - AUGUST 31, 2012) Revenues (SEK millions) Quarter Period Full year Rolling 12 m Jun-Aug 12 Jun-Aug 11 Mar- Aug 12 Mar- Aug 11 Mar 11-Feb 12 Sep 11-Aug 12 SECOND QUARTER (JUNE 1 - AUGUST 31, 2012) 4

5 FIRST HALF YEAR (MARCH 1 - AUGUST 31, 2012) Operating profit (SEK millions) Quarter Period Full year Rolling 12 m Jun-Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 Sep 11 Aug 12 Operating profit (SEK millions) Net sales Operating profit Group Jun-Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Full year 11/12 11/12 Rolling 12 m* Operating profit (SEK millions) Net sales Operating profit Regional traffic Jun-Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Full year 11/12 11/12 Rolling 12 m* Operating profit (SEK millions) Net sales Operating profit *Rolling 12 refers to rolling 12 months September August 2012 Interregional traffic Jun-Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Full year 11/12 11/12111/12 Rolling 12 m* 5

6

7 7

8 Interim report for the third quarter 2012/2013 December 21, 2012 Results 2012/2013 April 26,

9 For further information please contact: Ragnar Norbäck, President and CEO Per Skärgård, CFO Ingrid Håkanson, IR Manager Nobina AB Armégatan 38, Solna, Sweden Reg. no

10 SEK millions, unless otherwise stated Quarter Period Full year Jun - Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 SEK millions Quarter Period Full year Jun - Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 10

11 SEK millions Period Full year Aug 31, 2012 Aug 31, 2011 Feb 29, 2012 ASSETS 11

12 SEK millions Share capital Other contributed capital Translation differences Losses carried forward Total equity 12

13 SEK millions Quarter Period Full year Jun - Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 Cash flow from operations 13

14 SEK millions Quarter Period Full year Jun - Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 SEK millions Quarter Period Full year Jun - Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 14

15 SEK millions Quarter Full year Aug 31, 2012 Aug 31, 2011 Feb 29, 2012 SEK millions Share capital Statutory reserve Share premium reserve Retained earnings Earnings for the period Total equity 15

16 SEK millions, unless otherwise stated Revenues per business area Nobina Sweden Nobina Denmark Nobina Norway Nobina Finland Elimination of sales to interregional traffic Quarter Period Full year Jun - Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 Elimination of sales to regional traffic Total interregional traffic Total revenues SEK millions, unless otherwise stated Operating profit per business area Nobina Sweden Nobina Denmark Nobina Norway Nobina Finland Total regional traffic Swebus Total interregional traffic Central functions and other items Total operating profit Quarter Period Full year Jun - Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 16

17 SEK millions, unless otherwise stated Quarter Period Full year Jun - Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 Operational leasing, Buses Nominal value of future payments - Buses Present value of future payments - Buses Number of operationally leased buses Reported operational leasing expense Interest-bearing non-current liabilities Senior Notes Financial leasing liability Factoring Capitalized financing fees Total Less current part Total non-current liabilities Interest expenses and similar profit/loss items Interest expenses, financial leasing Interest expenses, Senior Notes Other financial expenses Realized and non-realized exchange rate profits Total Earnings per share Quarter Period Full year Average number of ordinary shares during the period Reported earnings Adjusted earnings Earnings per share Jun - Aug 12 Jun-Aug 11 Mar-Aug 12 Mar-Aug 11 Mar 11 Feb 12 17

18 Key ratios, most recent eight quarters Key ratios, the Group in SEK millions, unless otherwise Sales Regional traffic Interregional traffic Operating profit Regional traffic Interregional traffic Earnings after financial items Earnings after tax Cash flow Cash and cash equivalents Equity ratio, % Equity Equity/ordinary share, SEK Number of buses Estimated full-time positions 2010/ / /13 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Revenues, rolling twelve months, five years Operating profit, rolling 12 months, five years 1 Earnings, rolling 12 months, five years 1 Excluding one-off effects in Q4 09/10, Q1 11/12 and Q4 11/12 18

19 Breakdown of revenues and operating income by segment, six months, 2012/13 Tender results, number of buses, six months, 2012/ Other Nobina Submitted tenders 0 Pending procurements 75 Completed procurements Contracts won Historical tender results and tender forecast 2012/13 Full year Full year 07/08 Full year 08/09 Full year 09/10 Full year 10/11 Full year 11/12 Forecast 12/13 Contracted buses, previously under 3rd party management Contracted buses, previously under Nobina s management Number of buses won by Nobina 19

20 Planned, newly started traffic, coming 12 months Contract outcome per country, coming 12 months Planned, newly started traffic, March February 2013 PTA Contract type Number of years Traffic start Number of buses Value (SEK millions) Sweden Skånetrafiken Regional traffic 8 October Skånetrafiken Regional traffic 8 October Skånetrafiken Regional traffic 4 October Västtrafik Regional traffic 8 December Västtrafik Regional traffic 8 December Västtrafik Regional traffic 2.5 December Skånetrafiken Regional traffic 6 June ,150 Finland HSL City traffic 6 January Norway Ruter City traffic 7 October ,749 Denmark Movia City traffic 6 December Total regional traffic 335 5,876 20

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