Interim report January – March 2006

* Consolidated profit for the period improved by 98% to SEK 121M (61). The Group posted a net profit of SEK 89M (23) for the first quarter. Earnings per share after full dilution for the period were SEK 0.07 (0.02).

* Bure’ share in the portfolio companies’ EBITA for the period rose by 76% to SEK 82M (47).

* The Parent Company’s result after tax for the first quarter was SEK -9M (-7).

* The Parent Company’s reported equity after full exercise of outstanding warrants increased during the period by SEK 2M to SEK 2,466M (2,075). Equity per share amounted to SEK 1.90 (1.60) after full dilution (discounted value).

* Mercuri completed the acquisition of a corporate group in Asia with operations in Hong Kong, Shanghai, Korea and Japan.

* In February, Systeam announced that it was investigating the potential for an IPO.

* Bure sold its holdings in Kreatel via the subsidiary CR&T Ventures, providing a capital gain of around SEK 37M.

Subsequent events

* No substantial events have occurred after the end of the period.

A complete interim report can be read at https://www.bure.se

Gothenburg April 27, 2006

Bure Equity AB (publ)

For further information, please contact:

Mikael Nachemson, President  +46 – 31-708 64 20

Anders Mörck, CFO  +46 – 706 46 52 11

Telephone Conference on the 28th of April at 09.00 CET

On April 28th at 09.00 CET a telephone conference is held by Bure’s CEO Mikael Nachemson in Swedish. Journalists and professional operators at the capital market are welcome to participate. Dial +46 (0)8 505 20 114 and password Bure, ten minutes before the conference begins.

Please note, for local connect dial-in numbers you must always dial the area code to enter the conference.

Consolidated profit for the period improved by 98% to SEK 121M (61). The Group posted a net profit of SEK 89M (23) for the first quarter. Earnings per share after full dilution for the period were SEK 0.07 (0.02).

Bure’ share in the portfolio companies’ EBITA for the period rose by 76% to SEK 82M (47).

The Parent Company’s result after tax for the first quarter was SEK -9M (-7).

The Parent Company’s reported equity after full exercise of outstanding warrants increased during the period by SEK 2M to SEK 2,466M (2,075). Equity per share amounted to SEK 1.90 (1.60) after full dilution (discounted value).

Mercuri completed the acquisition of a corporate group in Asia with operations in Hong Kong, Shanghai, Korea and Japan.

  In February, Systeam announced that it was investigating the potential for an IPO.

  Bure sold its holdings in Kreatel via the subsidiary CR&T Ventures, providing a capital gain of around SEK 37M.

Subsequent events

No substantial events have occurred after the end of the period.

A complete interim report can be read at https://www.bure.se

Gothenburg April 27, 2006

Bure Equity AB (publ)

For further information, please contact:

Mikael Nachemson, President  +46 – 31-708 64 20

Anders Mörck, CFO  +46 – 706 46 52 11

Telephone Conference on the 28th of April at 09.00 CET

On April 28th at 09.00 CET a telephone conference is held by Bure’s CEO Mikael Nachemson in Swedish. Journalists and professional operators at the capital market are welcome to participate. Dial +46 (0)8 505 20 114 and password Bure, ten minutes before the conference begins.

Please note, for local connect dial-in numbers you must always dial the area code to enter the conference.

Interim report January – March 2006