NOK 1, % +23% % EDB

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2 Q3 HIGHLIGHTS GROUP Revenue NOK 1,854 million; +27% y/y Continued strong EBITA-growth; +23% y/y Improved cash-flow; NOK 127 million +76% y/y New customers; REC, Expert, Nokia, Bergen New signings; NOK 750 million EDB Business Partner slide 2

3 KEY FIGURES Q GROUP (NOK million) Q Q Y/Y Operating revenue 1,854 1,465 27% Operating costs 1,687 1,328 27% Operating profit before amortisation (EBITA) % EBITA % 9.0 % 9.3 % EBIT before non-recurring items % Non-recurring items - 37 EBIT Profit before tax Cash flow from operations before restructuring Operational investment (CAPEX) EPS before non-recurring items (NOK) No. of employees 6,020 4,345 EDB Business Partner slide 3

4 OPERATING REVENUE GROUP NOK mill 2,500 2,000 1,500 1, Q1 Q2 Q3 Q EDB Business Partner slide 4

5 CASH FLOW FROM OPERATIONS GROUP NOK mill Q1 Q2 Q3 Q Note: Before non-recurring items EDB Business Partner slide 5

6 ORDER BACKLOG NOK 12.9 BILLION NOK million Total order ORDER BACKLOG DISTRIBUTED backlog per Later IT Operations Solutions Application Services Global Sourcing IS Partner Total order backlog % of total 7, ,855 2, , , ,927 1,799 4,625 3,299 1,931 1,273 14% 36% 26% 15% 10% EDB Business Partner slide 6

7 YEAR TO DATE Highlights and key figures EDB Business Partner slide 7

8 KEY FIGURES PER 3Q 2008 GROUP Strong profitable growth New signings NOK 2,75 bn Executing cost-efficiency program Rapidly expanding Global Sourcing (NOK million) Revenue 5,726 EBITA 531 EBITA % 9.3% EPS 1.97 Employees 6,020 Note: Before non-recurring items Y/Y 4, % % 9.3% % 4,345 EDB Business Partner slide 8

9 BUSINESS UNITS Highlights and Key Figures

10 Q3 HIGHLIGHTS IT OPERATIONS Continued strong profitability Volume growth from existing customers Intensified cost reduction; NOK 175 million YTD Increased partnership with SJ/Linkon (NOK million) Q Revenue 889 EBITA 77 EBITA % 8.6 CAPEX 60 Employees 1,727 Q Y/Y % 83-8 % ,812 EDB Business Partner slide 10

11 Q3 HIGHLIGHTS APPLICATION SERVICES High billable utilization; 79.4% Sub-contractors improves flexibility Strong demand from public portal projects New SAP contract; Expert NOK 36 million (NOK million) Q Revenue 260 EBITA 11 EBITA % 4.1 CAPEX 1 Employees 1,187 Q Y/Y % % ,049 EDB Business Partner slide 11

12 Q3 HIGHLIGHTS SOLUTIONS Sustained organic growth in B&F; +4% y/y B&F; 70% ASP revenue gives visibility Credit and fraud solutions drives growth Public sector SAP contract City of Bergen (NOK million) Q Revenue 325 EBITA 51 EBITA % 15.6 CAPEX 3 Employees 980 Q Y/Y % 47 9 % EDB Business Partner slide 12

13 Q3 HIGHLIGHTS GLOBAL SOURCING Operations in India and Ukraine; +45% y/y High billable utilization; 84.2% Span ranked 10 th survey of best run businesses Sourcing deliveries to Nokia secures growth (NOK million) Q Revenue 56 EBITA* 7 EBITA % 12.4 CAPEX 3 Employees 1,375 Q Y/Y % 4 83 % 9.8-1,049 * EBITA Stand-alone not reflecting Nordic offshore cost NOK 12 million in Q EDB Business Partner slide 13

14 Q3 HIGHLIGHTS IS PARTNER Revenues above expectations Sustained revenue from Yara Synergy effects on track Global delivery to REC; NOK 100+ million (NOK million) Q Revenue 390 EBITA 53 EBITA % 13.6 CAPEX 10 Employees 583 Q Y/Y % % EDB Business Partner slide 14

15 FUTURE PROSPECTS Nordic leadership through innovation and global sourcing

16 STATE OF THE ECONOMY AFFECTS IT Current status Consolidation slow-down Turnover levelling off Focus on rapid payback Cost saving projects NOK mrd 40,0 35,0 30,0 25,0 Historical Dot com collapse F`cast EDB priorities Global sourcing Executing cost initiatives 20,0 15,0 10,0 Up 25% since low point Scenarios Revised CAPEX 5,0 Flexible delivery models; SaaS 0, EDB Business Partner slide 16

17 FLEXIBLE CONSULTANT STRUCTURE Application Services 1200 consultants IS Partner 400 consultants Application Services 1200 consultants IS Partner 400 consultants Global Sourcing Externally hired 800 consultants On short notice: Possible termination of all agreements on external hiring Expand use of internal/edb global resources EDB Business Partner slide 17

18 FLEXIBLE CONSULTANT STRUCTURE Application Services 1200 consultants IS Partner 400 consultants Application Services 1200 consultants IS Partner 400 consultants Global Sourcing Externally hired 800 consultants Externally hired 800 consultants EDB Business Partner slide 18

19 FUTURE MARKET CONDITIONS AND EDB PRIORITIES IT Operations Application Services Solutions Future market conditions Focus on core business Increased demand in outsourcing Lower demand in business consulting Growth in public projects B&F customers ; From growth to cost oriented solutions Growth in public projects EDB priorities Utilize our Nordic position Extending Global Sourcing Utilize our Nordic organisation Increase project deliveries Component based solutions with SaaS capabilities (SW as a Service) New EDB Public Solutions suite IS Partner Increased cost-orientation Unique competencies in restructuring Strong project execution Global Sourcing Double digit growth opportunity Scalable business model EDB Business Partner slide 19

20 SUMMARY Nordic leadership through innovation and global sourcing

21 3Q AND YTD SUMMARY Continued strong profitable growth Improved cash-flow NOK 5.5 bn in secured backlog next 12 months Strong position in public area Diversified and flexible portfolio EDB Business Partner slide 21

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