Teleca AB (publ) Year-end Report, January-December 2002

Strong Performance in a Tough Market


MALMO, Sweden, Feb. 13, 2003 (PRIMEZONE) -- Teleca AB (publ) (Stockholm:TELCb):


 -        Record quarterly profit (EBITA) in Q4 of SEK 57 M

 -        Obigo (formerly AU Mobile Suite) exceeded forecasts with sales
          of SEK 58 M and profit (EBIT) of SEK 4.4 M during 2002

 -        More than 200 new customers representing SEK 375 M in sales
          during 2002

 -        Sales amounted to SEK 2,090 M (1,188 M)

 -        Operating profit (EBITA) amounted to SEK 198 M (181 M)

 -        The margin (EBITA) was 9.5% (7.9% pro-forma Teleca and AU-
          System 2001)

 -        Proposed dividend SEK 0.75 per share (0.70)

 -        Forecast for 2003: Significantly increased sales and profit

Teleca consolidates AU-System as from February 1, 2002. This report includes comparative Teleca pro-forma figures for previous year, which excludes Epsilon and Sigma.

The interim report may be ordered from the Company or downloaded from Teleca's Website. www.teleca.com

For further information, please contact:


 Nick Stammers, President and Chief Executive Officer
 Teleca AB
 Mobile phone: +44-7768-32 35 35
 e-mail: nick.stammers@teleca.com

 Thomas Pantzar, Executive Vice President
 Teleca AB
 Tel: +46-31-744 80 10
 mobile phone: +46-703-79 18 30
 e-mail: thomas.pantzar@teleca.com

 Joachim Jaginder, Chief Financial Officer
 Teleca AB
 Tel: +46-8-579 116 01
 mobile phone: +46-706-69 76 64
 e-mail: joachim.jaginder@teleca.com

 Johannes Rudbeck, Investor Relations
 Teleca AB
 Tel: +46-8-579 116 16
 mobile +46-705-82 56 56
 e-mail: johannes.rudbeck@teleca.com

 This information is also available in Swedish.

 This information was brought to you by Waymaker http://www.waymaker.net

 The following files are available for download:

 www.waymaker.net/bitonline/2003/02/13/20030213BIT00040/wkr0001.doc
 The Full Report

 www.waymaker.net/bitonline/2003/02/13/20030213BIT00040/wkr0002.pdf
 The Full Report