NET ENTERTAINMENT

Interim report January – June 2011

Agenda

Q2 Overview

Financials

Italy update

Strategic initiatives

Future outlook

Q&A

1

Revenues up 12.0% to 99.9 MSEK with a margin of 27.2 %

One new customer signed with Europe focused operator

First branded game released - Frankenstein

Gaming activity increased 30 percent since last year

Mobile games development – Launch in H2 2011

Italy preparing for launch

Q2 overview

2

Frankenstein released

13

Accumulated GGY performance

4

No. of days since launch

1 2 3 4 5 6 7 8 9 10 11 12 13

Frankenstein

Gonzos Quest

Jack Hammer

Q2 financials

Positive performance despite seasonal effects and

French regulation

Revenues increased 12.0% to 99.9 (89.2) MSEK

25% excluding revenues from France

EBIT amounted to 27.2 (32.8) MSEK

Operating margin of 27.2% (36.8%)

5

Financial performance by quarter

6

0

20

40

60

80

100

120

Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 Q3/10 Q4/10 Q1/11 Q2/11

SEK million Revenues & Operating profit per quarter

Revenues Operating profit

0

10

20

30

40

50

60

70

80

90

Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 Q3/10 Q4/10 Q1/11 Q2/11

Capitalized development

Personnel

Other expenses

Cost base

SEK million

7

Game transactionsMillions

8

-

500

1 000

1 500

2 000

2 500

Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 Q3/10 Q4/10 Q1/11 Q2/11

• 1.9 billion transactions

• 30% growth vs Q2 2010

• 3% growth vs Q1 2011

Italy

Net Entertainment’s Italian customer base

First possible launch date, July 18

Slots scheduled for H1 2012

9

0

500

1 000

1 500

2 000

2 500

3 000

3 500

Total Europe 2015 Italy & UK 2015

Future growth markets for Net Entertainment

Italy and the UK together

represent 42% of the total

European online casino

market in 2015

€ millions

Source: H2GC, July 2011

Italy

UK

10

Expected online casino GGY 2015

Strategic initiatives

Regulatory adaptations

Next generation platform

Mobile solution

11

Future outlook

Robin Hood to be released in Q3

New title signed with Universal

Continued sales activities in the UK

Jaxx/Mybet scheduled for launch in Q3

The future holds exciting opportunities:

New products, New markets, Continued growth

12

Q&A

13