OM Financial Statement 2002


STOCKHOLM, Sweden, Jan. 29, 2003 (PRIMEZONE) -- OM AB (Other OTC:OMGPF) (Stockholm:OM):


 -- Revenues totaled SEK 2 640 m (3 072).

 -- Income before depreciation amounted to SEK 304 m (130).

 -- Operating income totaled SEK -24 m (-453).

 -- Pre-tax profit was SEK -56 m (-469).

 -- Earnings per share was SEK -0.85 (-0.30).

 -- Cost-reduction program carried out.

 -- Closure of Jiway.

 -- EDX London created together with London Stock Exchange.

 -- New clearing order to NordPool.

Enclosed you will find OM AB's Financial Statement 2002. It is also available on www.om.com.

For further information or comments, please contact


 Per E. Larsson, President and CEO, OM AB         +46 8 405 66 19
 Per Nordberg, CFO                                +46 405 77 22
 Jakob Hakanson, VP Investor Relations, OM AB     +46 8 405 60 42
 Anna Eriksson, VP Brand & Communications, OM AB  +46 8 405 66 12

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 The following files are available for download:
 www.waymaker.net/bitonline/2003/01/29/20030129BIT00120/wkr0001.doc
 www.waymaker.net/bitonline/2003/01/29/20030129BIT00120/wkr0002.pdf