Strong third quarter for Nolato

Strong third quarter for Nolato

Nolato is pleased to report a strong third quarter, with increases in both sales
and earnings. Sales totalled SEK 693 M (624) and operating income (EBITA) was
SEK 64 M (56), representing increases of 11 percent and 14 percent respectively
compared with the same period during the previous year.

“Our healthy growth has continued during the third quarter,” says Hans Porat,
President and CEO of Nolato.

Nolato Medical's sales rose by 24 percent to SEK 156 M (126), with operating
income (EBITA) up 24 percent to SEK 21 M (17). The EBITA margin was 13.5 percent
(13.5).

“Volumes were high in all customer areas,” continues Mr Porat. “Delivery volumes
from the Hungarian unit rose steadily during the quarter, and production will
begin at our new Chinese unit during the fourth quarter.”

Nolato Telecom's sales rose by 17 percent to SEK 318 M (271), with operating
income (EBITA) up 33 percent to SEK 36 M (27). The EBITA margin grew to 11.3
percent (10.0).

“Nolato Telecom's sales consisted largely of products launched during 2008, for
which volumes have shown strong growth. Product deliveries were made as planned
during the quarter to a new customer, RIM, whose operations include developing
and producing the BlackBerry.”

Nolato Industrial's sales stood at SEK 219 M (233), operating income (EBITA) at
SEK 16 M (17) and EBITA margin at 7.3 percent (7.3).

“A drop in demand from the automotive industry forced Nolato Industrial to make
cuts in terms of both staff and costs. However, we have also received a number
of orders for major new projects, including within the automotive and hygiene
segments.”

The 2008 year-end report will be issued on January 29, 2009.

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For further information, please contact:
Hans Porat, President and CEO, telephone +46 431 442294 or mobile phone +46 705
517550
Per-Ola Holmström, Executive Vice President and CFO, telephone +46 431 442293 or
mobile phone +46 705 763340

The Nolato Group is a global high-tech developer and manufacturer of polymer
components and product systems for leading customers in telecommunications,
automotive products, white goods, medical technology, pharmaceuticals, hygiene
and other selected industrial sectors. Nolato's shares are quoted on the OMX
Nordic Exchange, Small Cap, Information Technology.