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.

The first strategic alliance based on this new approach is the co-operation with Germany's leading provider of business software to SMEs, Lexware. This partnership will include integration of the Mamut Business Platform with Lexware's software applications and web based services currently used by Lexware's 600.000 customers. Mamut and Lexware will also share and co-develop Software + Services features and components for new and existing markets.

Please see attached presentation.

Contact: Mamut ASA, Eilert Hanoa, CEO, tel: + 47 92 83 29 05, e-mail: eilerth@mamut.com Lexware, Markus Reithwiesner, GM, tel: +49 761 3683520, e-mail: Markus.Reithwiesner@lexware.de Lexware, Jörg Frey, GM, tel: +49 761 4704150, email: Joerg.Frey@lexware.de

About Mamut Founded in 1994, Mamut (OSE "MAMUT") is a leading European provider of complete, integrated software solutions and internet services for SMEs. Mamut offers complete and user-friendly solutions at the best value for money integrating CRM, sales force, logistics, accounting, e-commerce, domains, e-mail, web hosting and security. More than 400,000 European customers simplify their daily business with solutions from Mamut. Further information about Mamut and the company's products can be found at www.mamut.com



LINK: http://hugin.info/132324/R/1234310/262876.pdf

Mamut ASA

http://www.mamut.com

ISIN: NO0003105405

Stock Identifier: XOSL.MAMUT

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