1st quarter 2010 earnings

Highlights 1st quarter 2010

• Severe winter with significant ground frost gave challenging operational circumstances and reduced activity.
• Operational revenues of NOK 503 million (NOK 550 million) – planned winter activities postponed.
• Operating profit of NOK -17.1 million (NOK -24.6 million) – early retirement liability of NOK 12.1 million contributes positively.
• Net cash position up NOK 66 million against end of 1Q09.
• New market oriented organization from 2010 and realization of Nordic strategy within security.
• Operationally strengthened and well positioned for increased market activity.

For further comments and key figures please see the enclosed shareholders report.

Infratek ASA
Oslo, 11 May 2010

For further information, please contact:
Heidi Ulmo, CFO: + 47 909 19 325

Shareholder report 1Q 2010

Publisert: 11 May 2010