Stockholm, October 17, 2008 PRESS RELEASE INTERIM REPORT January 1, 2008 – September 30, 2008 • Profit before tax for the interim period amounted to MSEK 11,5. • Net asset value per share at the end of the interim period was SEK 39,40, of whichcash and cash equivalents accounted for SEK 30,43. • NAXS made in March 2008 a commitment of MEUR 10 to FSN Capital III LP. • In April 2008, NAXS made a commitment of MEUR 20 to Nordic Capital Fund VII LP. • NAXS made in September 2008 a commitment of MNOK 40 to Herkules Private Equity Fund III. • As of the end of the interim period, NAXS had made investment commitments totaling approximately MSEK 615, equivalent to 104% of the Company’s equity. • There has been a high degree of activity in the fund portfolio. At the end of the interim period, 21,3 % of the Company’s equity had been drawn by underlying funds, which had acquired around 25 portfolio companies. • As of September 30, 2008, cash and cash equivalents amounted to MSEK 457. During the interim-report period, liquid assets were invested in interest-bearing instruments or held on interest-bearing bank accounts, in accordance with the Company policy. Profit before tax, KSEK Investment commitments, KSEK Of which paid, KSEK Outstanding investment commitments, KSEK Cash and cash equivalents and current investments, KSEK Cash and cash equivalents per share, KSEK Equity per share, SEK Jan 1, 2008- Sep 18,2006Sep 30, 2008 Dec 31, 200711 523 2008 Sep 30 614 500 -126 067 488 433 456 501 30,43 39,40 7 843 2007Dec 31 268 340-40 657 227 683 543 90036,26 39,21 NAXS operates as a fund-of-funds with investments in Nordic buyout funds. The objective is to make the Nordic private equity market accessible for a broader range of investors, while offering liquidity through the Company’s publicly traded shares. The investment strategy is oriented towards a selective but diversified fund portfolio. The Company’s Certified Advisor on First North is E. Öhman J:or Fondkommission AB.