Q HIGHLIGHTS GROUP

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2 Q HIGHLIGHTS GROUP Revenue NOK 1,923 million; -5% y/y Gaining share in Bank & Finance; +6% y/y EBITA NOK 151 million; - 21% y/y Improved cash-flow; + NOK 168 million (+10% y/y) New signings NOK 1.7 bn (+70%) EDB Business Partner > slide 2

3 Q KEY METRICS (NOK million) Revenue 1,923 Q2 08: NOK 2,034 mill (-5%) EBITA 151 Q2 08: NOK 191 mill (-21%) EBIT 107 Q2 08: NOK 151 mill (-29%) Cash-flow 168 Q2 08: NOK 153 mill (+10%) CAPEX 59 Q2 08: NOK 116 mill (-49%) EPS (NOK) 0.42 Q2 08: NOK 0.38 (+11%) EDB Business Partner > slide 3

4 REVENUE DISTRIBUTION By business area By industry EDB Business Partner > slide 4

5 CASH-FLOW FROM OPERATIONS GROUP NOK mill EDB Business Partner > slide 5

6 MANAGING CASH-FLOW NET DEBT REDUCTION Cash-flow CAPEX Net debt Continued improvement in cash-flow Managing CAPEX and net debt according to plan EDB Business Partner > slide 6

7 STRONG ORDER BACKLOG NOK 14.2 BN New signings Q NOK 1.7 bn IT Operations NOK 1.0 bn Solutions NOK 325 million Application Services NOK 375 million Total backlog NOK 14.2 bn IT Operations NOK 10.8 bn Solutions NOK 2.4 bn Application Services NOK 1.0 bn Signings Q2 09 above NOK 100 million COMPANY DURATION BUSINESS AREA Statoil Hydro 2 years Appl. Services Green Cargo StorStockholm (SL) Sparebanken Pluss CSN 5 years ITO Appl. Services 4 years ITO 5 years ITO Solutions 4 years ITO EDB Business Partner > slide 7

8 BUSINESS AREAS Highlights Key figures

9 Q2 HIGHLIGHTS IT OPERATIONS New signings NOK 1.0 bn Green Cargo CSN SL Strong growth in Sweden Outsourcing of print operations improves future margins Network project successfully completed (NOK MILLION) Q Q2 2008* Y/Y Operating revenue 1,107 1,142-3% EBITA % EBITA % CAPEX % Employees 2,011 2,080 Share of Group revenue Managing CAPEX; - 51% * Pro forma figures EDB Business Partner > slide 9

10 Q2 HIGHLIGHTS APPLICATION SERVICES Billable utilization; 78% Strategic agreement with StatoilHydro Develop new internet platform to DnB NOR Unprofitable units divested (NOK MILLION) Q Q2 2008* Y/Y Operating revenue % EBITA % EBITA % CAPEX % Employees 2,872 2,667 Share of Group revenue * Pro forma figures EDB Business Partner > slide 10

11 Q2 HIGHLIGHTS SOLUTIONS New signings NOK 250 mill Sparebanken Pluss KLP Nordea Denmark Rapid growth in Credit Process solutions Strong pipeline in Sweden (NOK MILLION) Q Q Y/Y Operating revenue % EBITA % EBITA % CAPEX % Employees Share of Group revenue EDB Business Partner > slide 11

12 HALF YEAR Highlights and key figures

13 H1 HIGHLIGHTS GROUP New signings NOK 6.7 bn Gaining share in B&F; +5% growth Operational cash-flow MNOK 187 Managing CAPEX; - 45% (NOK MILLION) H H1 2008* Y/Y Operating revenue 3,859 3,872 0% EBITA % EBITA % Cash flow % EPS % CAPEX % Employees 6,033 5,890 * Pro forma figures EDB Business Partner > slide 13

14 OUTLOOK Future prospects

15 REVISED OUTLOOK IN THE IT SERVICES MARKET IT services market forecast Weak demand and price pressure in 2H09 The worst of the recession is now behind us Signs of growth from 2H 2010 EDB- Nordic market potential Revised IT spending forecast 2009 Industry verticals Products Addressable market NOK 132 BN Regions Solutions Source: Gartner July 2009 EDB Business Partner > slide 15

16 MNOK 400 IMPROVEMENT PROGRAM ON TRACK Hardware/software New software agreement implemented Renewal of NOK 2 bn HW/SW & Svcs agreement Bundling purchase of 30,000 PC s Hired consultants Reduced > 100 consultants in 1Q Reduced > 200 consultants in 2Q External consultants; Price reductions Other Personell related cost Facility management Insurance Renegotiation Centralized Procurement BoD approved change in pension scheme Significant reduction in pension liabilities thereby Ebitda one-off effect Annual cost savings app. MNOK 70 In process to reduce 100+ headcount EDB Business Partner > slide 16

17 SUMMARY

18 SUMMARY H GROUP New signings NOK 6.7 bn Gaining share in Bank & Finance; +5% growth Operational cash-flow MNOK 187 Managing CAPEX; - 45% Cost Improvement Program on track Entering H2 with total backlog of NOK 14.2 bn EDB Business Partner > slide 18

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