INTERIM REPORT JANUARY-MARCH 2006

OEM:s result continue to increase

· Turnover increased by 3% to SEK 393 million (381) · Orders received climbed 24% to SEK 459 million (369) · Profit before tax rose 34% to SEK 38.6 million (28,8) · Profit after tax escalated 41% to SEK 27.4 million (19.5) · Earnings per share after tax improved 40% to SEK 3.54 (2.53) EVENTS AFTER THE PERIOD · OEM acquires company based in the Czech Republic

---