Bilia — Earnings Release 2008

Apr 18, 2008

BILIA'S PRELIMINARY RESULT

• Operating income for the first quarter of 2008 totalled approximately SEK -10 million (40)

The whole of the deviation in results compared with the preceding year can be attributed to the month of March and is due to a significantly poorer result for used car operations and a very weak service market in Denmark.

Commenting on the result, Bilia's managing director, Jan Pettersson, had the following to say.

"The car market weakened during the first few months of the year. Our stocks of used cars were too large at the beginning of the year and we sold them at discounted prices, first and foremost in March. In Denmark, we are implementing a powerful action programme to boost productivity."

Further information will be available in the normal quarterly report which will be published on 6 May 2008.

Göteborg, 17 April 2008

Bilia AB (publ)

For further information, please contact Bilia's managing director, Jan Pettersson, or its CFO, Gunnar Blomkvist, Bilia AB, phone +46 31 709 55 00.