Mamut ASA

Mamut ASA (OSL:MAMUT) Mamut ASA continues its growth and reached operating revenues of MNOK 367.8 in YTD 2008, compared to MNOK 332.5 in the same period 2007, a growth representing 14 per cent. The company reaches EBITDA of MNOK 67.0 and EBIT of MNOK 24.7 for YTD 2008, an EBIT improvement of 76% compared with the same period 2007. The company started a strategic process in Q3 and the company has now received indicative offers and entered the initial phase of the due diligence process.

Mamut ASA (OSL:MAMUT) As informed in the company's Q2 report, Mamut has engaged ABG Sundal Collier ASA and Jefferies International Limited as financial advisors after being contacted by several parties regarding strategic alternatives.

Mamut ASA (OSL:MAMUT) Mamut ASA continues its growth and reached operating revenues of MNOK 251.6 in 1H08, compared to MNOK 221.9 in 1H07, a growth representing 13 per cent. The company reaches EBITDA of MNOK 46.6 and EBIT of MNOK 18.6 for 1H08, an EBIT improvement of 55% compared with 1H07.

Mamut ASA (OSL:MAMUT) Mamut ASA invites to the presentation of the company's second quarter and first half year's results 2008 on Thursday 28 August at 08:30 CET. The presentation will take place at SEB Enskilda Securities, Filipstad Brygge 1, Oslo.

Mamut ASA CEO Eilert Hanoa presented the Mamut Software + Services strategy in his key note at the Microsoft Worldwide Partner Conference 2008 in Houston, USA. The company's transition to a Software + Services model and the business impact was outlined, including the company's partner approach.

Mamut ASA On Wednesday June 18, Mamut ASA will organise a Capital Markets Day at Hotel Continental in Oslo. The presentation is attached. Please note the following statements in the presentation:

Mamut ASA Mamut today announced that a Letter of Intent (LOI) has been signed with Germany's leading supplier of small business software, Lexware GMBH, a fully owned subsidiary of Haufe Media Group. Through a joint venture Mamut and Lexware will offer a co-branded edition of Mamut One with components from Mamut, Lexware and Haufe Group to the German SME segment. The two companies will also share and co-develop Software + Services platforms and components.