Thursday, November 01, 2007

Change in number of shares in IFS

In accordance with the transparency legislation that came into force on July 1, 2007, the information below shows the number of shares and the number of votes in Industrial and Financials Systems, IFS AB (publ.).

                                September 30, 2007        October 31, 2007                    Change

Series A shares                      13 916 638                 13 916 638                              0

Series B shares                    249 495 420                249 550 019                      54 599

Total                                   263 412 058                 263 466 657                      54 599

No. of votes                          38 866 180                   38 871 640                        5 460

About IFS and IFS Applications

IFS (OMX STO: IFS), the global enterprise applications company, provides ERP solutions which enable organizations to respond quickly to market changes. The solutions allow resources to be used in a more agile way to achieve better business performance and competitive advantage. Founded in 1983, IFS has 2,600 employees worldwide. With IFS Applications™, now in its seventh generation, IFS has pioneered component-based ERP software. The component architecture provides solutions that are easier to implement, run and upgrade. IFS Applications is available in 54 countries in 22 languages. IFS has over 600,000 users across seven key vertical sectors: aerospace & defense; automotive; manufacturing; process industries; construction, contracting & service management; retail & wholesale distribution, and utilities & telecom. IFS Applications provide extended ERP functionality, including CRM, SCM, PLM, CPM, enterprise asset management, and MRO capabilities.

Contact Information

Vice President, Corporate Communications Oliver Pilgerstorfer

Phone: 44 1494 428900

Contact Oliver Pilgerstorfer

Håkan Gyrulf

Phone: +46 8 58 78 45 00

Contact Håkan Gyrulf