Petroleum Geo-Services ASA: Second Quarter and First Half 2010 Results

July 29, 2010: OSLO, NORWAY – Petroleum Geo-Services ASA (“PGS” or the “Company”)
reported an EBITDA of $71.4 million (33 percent margin) in Q2 2010. The results were
impacted by significant investments in vessel upgrades and repositioning of vessels, as
earlier indicated. The upgrades further strengthen PGS’ fleet as the most cost effective
in the industry.

§ Group performance: Q2 2010 revenues were $214.9 million, with a corresponding EBIT of
$5.3 million, compared to revenues of $294.3 million in Q2 2009 and an EBIT of $32.9
million.

§ Marine: Q2 2010 revenues were lower compared to the same period last year, primarily
driven by more time spent steaming and at yard, lower prices for Marine contract work
with 2009 having benefited from activity priced before the credit crunch, and lower
MultiClient pre-funding revenues. Industry capacity additions scheduled for 2010
continue to put pressure on conventional streamer pricing.

§ Most of the 2010 GeoStreamer capacity sold: Strong customer interest for GeoStreamer
continues. Ramform Valiant was equipped with GeoStreamer in June and Ramform Explorer
completed the same upgrade in July.

§ GeoStreamer price uplifts: Relative pricing differentiation for GeoStreamer work
continues to improve with margins of more than 1000 basis points above conventional
streamer margins.

§ Order book increasing: Order book increased by approximately $90 million from Q1 2010
and total order book is now $499 million.

§ Two break-through contracts for OptoSeis: PGS has signed an agreement with Petrobras
to install a fiber-optic system at the Jubarte field, and a collaboration agreement with
Shell to develop an onshore fiber-optic exploration and reservoir monitoring system.

§ More flexible credit facility: The Company amended its revolving credit and Term Loan
B facility in May 2010 to increase financial flexibility.

§ Negative net financial items: Foreign exchange fluctuations and amendment and
redemption of credit facilities resulted in a cost of $18.2 million in Q2 2010.

§ Organizational changes implemented: Following sale of the Onshore business PGS
implemented its new organizational structure.

§ EBITDA guidance maintained: The Company maintains its full year EBITDA guidance of
$450 million, supported by GeoStreamer success and increased MultiClient pre-funding
revenues in the second half, offset by a weak contract market for conventional streamers
and some MultiClient late sales uncertainty.

Jon Erik Reinhardsen, Chief Executive Officer and President of PGS, commented:

“The upgrade of Ramform Explorer to become one of the most efficient vessels in the
industry will together with the GeoStreamer upgrade of Ramform Valiant and delivery of
the new PGS Apollo pave the way for increased efficiency and reduced exposure to the
industry cycles. The second quarter was impacted by repositioning of vessels and
significant investments in vessel and GeoStreamer upgrades. New industry capacity will
continue to put pressure on pricing in the second half, but we remain on track to meet
our current full year EBITDA guidance.”

Key Financial Figures Quarter ended Six months ended June 30, Year ended December 31, 2009
(In millions of dollars, except per share data) June 30, Audited 1)
2010 2009 2010 2009
Unaudited Unaudited Unaudited Unaudited
Revenues from continuing operations $ 214.9 $ 294.3 $ 474.3 $ 685.1 $ 1,350.2
Adjusted EBITDA (as defined) 71.4 154.1 170.7 360.5 672.1
EBIT excluding special items 2) 5.3 81.2 40.1 236.3 386.9
EBIT 5.3 32.9 39.6 137.5 233.3
Income (loss) before income tax expense (27.4) 40.2 (12.4) 129.8 228.1
Net income (loss) to equity holders (22.3) 41.0 (6.1) 95.2 165.8
Basic earnings per share ($ per share) (0.11) 0.22 (0.03) 0.53 0.88
Diluted earnings per share ($ per share) (0.11) 0.22 (0.03) 0.53 0.88
Net cash provided by operating activities 63.8 208.1 179.3 353.5 676.1
Cash investment in MultiClient library 51.7 56.7 103.8 101.6 183.1
Capital expenditures 52.7 56.8 100.6 150.5 231.2
Total assets (period end) 2,690.4 3,132.4 2,690.4 3,132.4 2,929.4
Cash and cash equivalents (period end) 159.8 168.1 159.8 168.1 126.0
Net interest bearing debt (period end) $ 616.3 $ 962.1 $ 616.3 $ 962.1 $ 774.0

1) Financial information for the full year 2009 is derived from the audited financial
statements as presented in the 2009 Annual Report.
2) Impairment charges of $0.5 million in Q1 2010 and $153.6 million for the full year
2009.

Complete Q2 2010 earnings release can be downloaded at www.newsweb.no
http://www.newsweb.no/ or www.pgs.com http://www.pgs.com/

FOR DETAILS, CONTACT:
Tore Langballe, SVP Corporate Communications

Phone: +47 67 51 43 75

Mobile: +47 90 77 78 41

Bård Stenberg, Investor Relations Manager

Phone: +47 67 51 43 16

Mobile: +47 99 24 52 35

US Investor Services

Phone: +1 281 509 8712

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

UPDATE 1-Kemira Q2 profit tops consensus, 2010 EBIT to rise

HELSINKI, July 29 (Reuters) – Finnish chemicals firm Kemira (KRA1V.HE) reported higher second-quarter profit due to stronger demand across all its units, and predicted full-year earnings would rise year on year.

“Customer demand is getting stronger. Operating profit from continuing operations, excluding non-recurring items, is expected to grow notably from last year,” the firm said in a statement on Thursday.

April-to-June underlying operating profit rose 38 percent versus a year ago to 40.5 million euros ($52.7 million), at the top end of forecasts in a Reuters poll of analysts. Revenues rose 12 percent to 545 million, trumping all expectations.

“The recovery in demand which started at the end of the first quarter also continued in the second quarter,” said Kemira, a supplier of chemicals to the paper, oil and water industries. ($1=.7684 Euro) (Editing by Jon Loades-Carter)

BRIEF-Kemira Q2 profit tops consensus, sees better 2010 EBIT

July 29 (Reuters) – Finnish chemicals firm Kemira (KRA1V.HE) reported the following on Thursday:

* Q2 EBIT 40.5 mln euros vs 36 mln avg in Reuters poll

* Q2 revenues 545 mln euros vs 519 mln avg in poll

* Repeats expects demand to develop favourably this year

* Sees higher underlying profit in 2010

UPDATE 1-BASF’s Q2 profit almost doubles on industrial sales

* Q2 adj EBIT up 94 pct at 2.2 bln eur

* Confirms FY outlook for adj EBIT to see marked gains

* Still aims to increase dividend for 2010

(Adds details, background)

FRANKFURT, July 29 (Reuters) – German chemicals maker BASF (BASF.DE) surpassed analysts’ earnings expectations for the sixth straight quarter, bolstered by a rebound in the car and electronics industries.

The strong results add to evidence global chemical makers are out of the woods.

The world’s largest chemicals supplier by sales said on Thursday that second-quarter earnings before interest and tax (EBIT), adjusted for one-off items, almost doubled to 2.2 billion euros ($2.9 billion).

That surpassed the 2.03 billion euros expected on average in a Reuters poll of analysts as BASF continued to recover from an economic crisis. [ID:nLDE63P246]

BASF reiterated that adjusted operating profit was set to improve significantly this year compared with crisis-fraught 2009, when its operating margin hit an eight-year low.

It also confirmed its goal to increase the annual dividend.

The dominance of massive overhead costs in the industry means rising sales — 30 percent in the case of BASF’s second quarter — translate into a much stronger profit rebound as companies use capacity left idle during the slump.

Signs are rife that a rebounding global economy continues to fuel a recovery in the chemical sector. DuPont (DD.N), the third-largest U.S. chemical maker, on Tuesday forecast 2010 earnings well above expectations. [ID:nN26201739]

The Netherlands’ AkzoNobel (AKZO.AS), the world’s largest paint maker, hit its 2011 margin target early and reporting better-than-expected quarterly results last week. [ID:nLDE66M02Z] (Reporting by Ludwig Burger)

Cision: Interim Report January-June 2010

Continued improvement in profitability
STOCKHOLM–(Business Wire)–
April-June

* The Group`s operating revenue amounted to SEK 285 million (377). Organic
growth was negative at 5 percent, compared with negative 8 percent for
January-March 2010 and negative 12 percent for April-June 2009. Exchange rate
effects decreased revenue by SEK 11 million compared with the same period last
year.
* Operating profit excluding restructuring costs amounted to SEK 35 million
(30). Exchange rate effects had a negative impact on operating profit of SEK 1
million compared with the same period last year.
* Following mainly the successful divestment of loss-making businesses in
Europe, Cision`s operating margin excluding restructuring costs continued to
strengthen in the second quarter, reaching 12.2 percent compared with 10.4
percent in the first quarter of 2010 and 7.9 percent in the second quarter last
year.
* Cision US returned to organic growth of 3% in the second quarter, following
negative organic growth of 4% in the first quarter of 2010 and negative 10% for
2009.

January-June

* The Group`s operating revenue amounted to SEK 599 million (837). Organic
growth was negative at 7 percent (-10). Exchange rate effects decreased revenue
by SEK 45 million.
* Operating profit excluding restructuring costs amounted to SEK 68 million (48)
and the operating margin excluding restructuring costs was 11.3 percent (5.7).
Exchange rate effects had a negative impact on operating profit of SEK 6 million
compared with the same period last year.
* Operating profit including restructuring costs amounted to SEK 62 million (33)
and profit before tax was SEK 39 million (-14). Earnings per share were SEK 0.20
(-0.28).
* For the period January-June, operating cash flow amounted to SEK -3 million
(19) and free cash flow amounted to SEK -71 million (-56).

Comment by Cision CEO Hans Gieskes: “In the second quarter of 2010, we were
pleased to see continued improvement in profitability. Our EBITDA margin
exceeded 17 percent, up from 15 percent in the first quarter of 2010, indicating
that we are on track toward achieving our financial target of an EBITDA margin
exceeding 20 percent by 2012 at the latest. The improvement in profitability was
mainly driven by stronger performance in Cision Europe, where the EBITDA margin
increased significantly from 5 percent in the first quarter to 11 percent in the
second quarter of 2010. Our North American business also continued to do well,
delivering a very solid 25 percent EBITDA margin in the second quarter.

In the second quarter, we continued to see positive effects from the launch of
CisionPoint as our most important business, Cision US, returned to organic
growth. The share of customers on the CisionPoint platform in the US has now
reached 78 percent as of June 30, 2010, compared with 48 percent one year ago.
As we continue to roll out CisionPoint in our other markets, we remain confident
in the long-term growth prospects for Cision.”

Cision empowers businesses to make better decisions and improve performance
through its CisionPoint software solutions for corporate communication and PR
professionals. Powered by local experts with global reach, Cision delivers
relevant media information, targeted distribution, media monitoring, and precise
media analysis. Cision has offices in Europe, North America and Asia, and has
partners in 125 countries. Cision AB is quoted on the Nordic Exchange with a
turnover of SEK 1.5 billion in 2009.

This information was brought to you by Cision http://www.cisionwire.com

Hans Gieskes, President and CEO
telephone +46 (0)8 507 410 11
e-mail: hans.gieskes@cision.com
or
Erik Forsberg, CFO
telephone +46 (0)8 507 410 91
e-mail: erik.forsberg@cision.com
Cision AB (publ)
Corp Identity No. SE556027951401
Telephone: +46 (0)8 507 410 00

http://corporate.cision.com

Copyright Business Wire 2010

BRIEF-Stora posts strong Q2 profit, cautious on q3

July 22 (Reuters) – Top European paper and board maker Stora Enso (STERV.HE) reported on Thursday:

* Q2 underlying EBIT 213 mln euros vs 131 mln avg fcast in Reuters poll

* Q2 net sales 2.69 bln euros vs 2.38 bln avg fcast in poll

* Says structural overcapacity remains in Europe

* Says Q3 outlook uncertain

* Says sees higher Q3 prices vs Q2

* Says higher Q3 costs to burden result

* Says plans “significant” stoppages in Q3

* Says European Q3 newsprint demand to be similar to that in Q2

* Says coated paper demand to rise vs Q2

* Says sees higher Q3 fine paper demand y/y, weaker vs Q2

* Says sees 2010 cost inflation at 2 pct

(Reporting by Helsinki Newsroom)

UPDATE 1-Explosive 3D projector growth drives Barco Q2

BRUSSELS, July 20 (Reuters) – Belgium’s Barco (BAR.BR) forecast the ‘explosive’ demand for digital cinema projectors, used for showing 3D films, would ensure growth in the second half of the year.

The company, whose displays are used as sports scoreboards, medical imaging systems, flight simulators and at pop concerts, said second-quarter sales rose 16.7 percent year-on-year to 192.2 million euros ($249.4 million), beating 187 million expected in a Reuters poll.

Barco swung to positive operating and net incomes, although the numbers were slightly below expectations.

Its order book at the end of June 2010 stood at 513.3 million euros, more than 50 percent higher year-on-year after almost 300 million euros of new orders in the second quarter.

Order intake for digital cinema projectors was nearly eight times higher than a year earlier.

Chief Executive Eric Van Zele said the orders meant it was probably Barco’s best ever quarter.

“This bodes well for Barco’s performance in the quarters ahead. We are experiencing explosive growth in demand for our digital cinema projectors and are working very hard to deal with the supply chain issues this creates,” he said.

Barco did not repeat its forecast that 2010 sales and EBIT (earnings before interest and tax) would be significantly better than in 2008.

“It’s quite clear we are going to beat that,” a company spokesman said.

The company said that it expected growth momentum to continue in the second half of the year.

Barco made 5.8 million euros in EBIT, compared with a loss of 5.6 million euro in the same period last year, shy of 8.0 million expected in a Reuters poll. ($1=.7706 euro) (Reporting by Ben Deighton)

Actelion Pharmaceuticals Ltd: Actelion announces second quarter 2010 financial results

Actelion Pharmaceuticals Ltd / Actelion announces second quarter 2010 financial results
processed and transmitted by Hugin AS. The issuer is solely responsible for the content
of this announcement.

Product sales of CHF 483.4 million, up 13 percent in local currencies – Total net
revenues of CHF 523.2 million – Non-GAAP EBIT of CHF 207.4 million – Upgraded earnings
guidance – Continued progress in PAH franchise – Option acquired on late-stage compound
in Amyotrophic Lateral Sclerosis (ALS) – Clazosentan Phase III results in October 2010 -
Macitentan PAH Phase III results by end-2011 – Multiple other Phase II compounds
advancing

ALLSCHWIL/BASEL, SWITZERLAND – 20 July 2010- Actelion Ltd (SIX: ATLN) today announced
financial results for the second quarter 2010.

In CHF Million Results Results % Variance % Variance
(except for per share data) Q2 2010 Q2 2009 In CHF In LC
Net Revenues 523.2 449.6 16 18
Non-GAAP OPEX 315.8 291.3 8 8
Non-GAAP EBIT 207.4 158.3 31 35
Diluted EPS – Non-GAAP 1.36 1.26 8 12
Diluted EPS – US GAAP 1.00 0.95 5 9

As of 30 June 2010, Actelion had cash, cash equivalents and marketable securities of CHF
1.3 billion. In addition, Actelion holds 10.3 million treasury shares.

Jean-Paul Clozel, M.D. and Chief Executive Officer of Actelion commented: “In 2010
Actelion continues to successfully implement its long-term strategy. We are advancing
our existing product sales, we are moving forward with our preclinical and clinical
development compounds and we are complementing our in-house efforts with external
opportunities.”

In a separate media release, Actelion announced today that it has obtained, for EUR 10
million, an option to acquire privately-held Trophos SA, a clinical stage pharmaceutical
company. Located in Marseille/France, Trophos’ lead compound olesoxime is currently in a
Phase III program in Amyotrophic Lateral Sclerosis (ALS), also known as Lou Gehrig’s
disease.

This study is expected to report data by the end of 2011, at which time Actelion may
exercise the option for an acquisition price between EUR 125 and 195 million in cash,
contingent on different regulatory approvals and other clinical progress of Trophos’
pipeline. In a drug discovery collaboration, Actelion and Trophos will also further
explore the novel therapeutic approach pioneered by olesoxime.

Andrew J. Oakley, Chief Financial Officer of Actelion commented: “Our strong operational
performance – further detailed in our 2010 Half Year Report – allows me to re-affirm
previous company full year 2010 guidance of total net revenue growth in local currencies
of above 10 percent. Unforeseen events excluded, I now expect Non-GAAP EBIT growth – on
a local currency basis – to be between 21 and 24 percent for 2010, up from close to 20
percent as previously guided. In addition to near-term performance, our organization has
been further geared so as to continue operational leverage gains.”

Revenue performance
Product sales for the second quarter of 2010 were CHF 483.4 million (Q2 2009 CHF 433.8
million), an increase of 13 percent in local currencies with 47 percent coming from the
United States, 36 percent from Europe and 17 percent from the rest of the world. Product
sales growth was mostly driven by patient demand.

Sales in the second quarter of 2010 of Tracleer® (bosentan) increased by 12 percent in
local currencies and reached CHF 430.1 million compared to CHF 387.1 million for the
same period in 2009.

During the second quarter of 2010, Ventavis® (iloprost) had sales in the United States
of CHF 34.2 million compared to CHF 34.6 million in the second quarter of 2009,
essentially flat in local currencies.

Actelion’s fourth product, epoprostenol for injection, a parenteral prostacyclin
formulation providing the efficacy of epoprostenol with an increased stability at room
temperature without the use of ice packs, was launched in April 2010. Sales of this
product in the second quarter amounted to CHF 0.2 million.

Otto Schwarz, President of Business Operations of Actelion commented: “Tracleer®
continues as the treatment of choice for first-line therapy in PAH due to a combination
of proven efficacy and treatment experience. Ventavis® performed very well despite new
competition in the space of inhaled prostacylins as our increased strength formulation
is well received by patients. I am also encouraged by the initial positive feedback from
physicians on our improved formulation of intravenous epoprostenol. This is very
promising for future uptake of our third PAH franchise product.”

Sales of Zavesca® (miglustat) for the second quarter of 2010 increased by 62 percent in
local currencies to reach CHF 18.9 million compared to CHF 12.1 million during the same
period last year.

Otto Schwarz concluded: “Zavesca® is growing very well in GD1 disease in Europe and the
US as well in the NP-C indication in Europe. Additional approvals for Zavesca® in
NP-C in Australia, New Zealand and most recently in Columbia and Turkey are giving
further access to patients suffering with this devastating disease. In the United States
we are currently reviewing how to move forward following a complete response letter and
subsequent discussions with the FDA.”

Contract revenues for the second quarter of 2010 were CHF 39.8 million compared to CHF
15.8 million in the second quarter of 2009. The increase was driven by the accelerated
recognition of milestones from the selective S1P1 receptor agonist collaboration with
Roche. As of mid-June these milestones were fully recognized.

Operating expenses
Total operating expenses for the second quarter of 2010 were CHF 359.8 million compared
to CHF 328.4 million for the same period in 2009, an increase of 10 percent. The
increase was driven by ongoing investments into both R&D as well as to further expand
the use of our marketed products.

Research and Development (R&D) expenses in the second quarter of 2010 were CHF 117.1
million compared to CHF 113.7 million in the second quarter of 2009. Non-GAAP R&D
expenses for the second quarter of 2010, which excludes stock-based compensation expense
and amortization and depreciation, were CHF 102.3 million compared to CHF 100.6 million
in the second quarter of 2009.

Selling, General and Administrative expenses (SG&A) for the second quarter of 2010 were
CHF 178.8 million compared to CHF 160.8 million in the second quarter of 2009. Non-GAAP
SG&A expenses for the second quarter of 2010, which excludes stock-based compensation
expense and amortization and depreciation, were CHF 160.5 million compared to CHF 144.7
million in the second quarter of 2009.

Operating income
Operating income for the second quarter of 2010 was CHF 163.4 million compared to CHF
121.2 million for the same period in 2009, an increase of 40 percent in local
currencies.

In order to better reflect the company’s profitability, Actelion continues to report
non-GAAP EBIT, which excludes employee stock options, amortization and depreciation as
well as other one-off charges that distort comparison.

Non-GAAP EBIT for the second quarter of 2010 was CHF 207.4 million, an increase of 35
percent in local currencies compared to the same period last year.

Net income
Net income for the period includes interest income of CHF 0.8 million, interest expense
of CHF 2.0 million, amortization of debt discount of CHF 4.6 million, other financial
expense of CHF 20.7 million as well as an income tax expense of CHF 15.4 million.

Net income for the second quarter of 2010 amounted to CHF 121.4 million compared to CHF
116.2 million during the second quarter of 2009.

US-GAAP earnings per share on a fully diluted basis in the second quarter of 2010
increased by 5 percent to CHF 1.00 compared to the same period a year ago. Non-GAAP
earnings per share on a fully diluted basis increased by 8 percent to CHF 1.36.

Andrew J. Oakley commented: “Our strong operational performance is not reflected in our
earnings per share, with currency fluctuations at the end of Q2 2010 adversely impacting
our financial income line in the form of non-cash valuation losses on outstanding
intercompany receivables.”

Update on Actelion’s Research and Development efforts
At the end of June 2010 Actelion was developing 10 different compounds in its clinical
pipeline with around 25 active projects in drug discovery: four compounds were in Phase
III. First results from one of these advanced programs – clazosentan in aneurysmal
subarachnoid hemorrhage (aSAH) – are expected in October 2010.

Jean-Paul Clozel commented: “Actelion is proceeding with confidence; the company has
built the franchise in PAH and will continue to lead the way with its expertise in the
field. The addition of an improved formulation of epoprostenol to our portfolio and the
rapidly progressing development of new PAH compounds, macitentan and selexipag, are all
important steps toward a strong PAH franchise for years to come.”

Jean-Paul Clozel concluded: “Actelion will become an even stronger company when we
benefit from the multiple additional opportunities offered by our innovative pipeline.”

At the end of June 2010, the status of the most advanced Actelion R&D projects were:

Clazosentan in aSAH:Clazosentan is investigated in the pivotal Phase III study
CONSCIOUS-2 in more than 1,150 patients with aSAH and treated with aneurysmal surgical
clipping. The study will measure the clinical benefits of clazosentan through the
primary endpoint of vasospasm-related morbidity and all-cause mortality.

Actelion expects to obtain study results in October this year. If positive, Actelion is
planning to approach health authorities for filing.

A second global Phase III study with clazosentan, CONSCIOUS-3, is enrolling patients
whose aSAH was treated by endovascular coiling.

Macitentan in PAH:Macitentan is investigated in the Phase III study SERAPHIN. The study
is designed to evaluate the efficacy and safety of this highly potent, tissue-targeting,
endothelin receptor antagonist through the primary endpoint of morbidity and all-cause
mortality in patients with symptomatic PAH.

Global enrollment was completed in December 2009 with a total of 742 patients. The
SERAPHIN study with macitentan in PAH is making progress, with study results most likely
becoming available before the end of 2011, one year ahead of schedule.

Selexipag in PAH: The Phase III morbidity/mortality study GRIPHON is currently
evaluating this first-in-class, orally available, selective IP receptor agonist in
patients suffering from PAH.

In a 43-patient Phase IIa study concluded in mid-2009, the primary endpoint of pulmonary
vascular resistance (PVR) change from baseline was met with high statistical
significance. The results were recently presented at the American Thoracic Society
(ATS).

Almorexant in primary insomnia:At the end of 2009, Actelion obtained positive efficacy
data with its dual orexin receptor antagonist almorexant in primary insomnia. However,
due to certain safety observations, the non-pivotal part of the program was expanded
during the first half of 2010 to better understand the safety and tolerability profile
of this innovative compound. In Q1 2011, data from this non-pivotal program should allow
Actelion and its collaboration partner GSK to decide on the initiation of the remaining
Phase III studies. The almorexant development program was recently discussed at a
meeting with the US Food and Drug Administration.

Guy Braunstein, M.D. and Head of Clinical Development at Actelion commented: “Actelion
has significant late-stage compounds in clinical evaluation. I am confident that
Actelion, based on its global clinical development efforts, will continue to deliver
clinical data-sets of high quality in a timely and cost-effective manner.”

The earlier-stage clinical development programs include:

CRTH2 receptor antagonist: Following a positive proof-of-mechanism study with the orally
active CRTH2 receptor antagonist in mild asthma and a successful update of the
preclinical package, Actelion can now initiate Phase II dose-response clinical studies
in both asthma and allergic rhinitis in the second half of 2010.

Macitentan in IPF: An exploratory clinical development study with this highly potent,
tissue-targeting, endothelin receptor antagonist in idiopathic pulmonary fibrosis
completed enrollment at the end of June with 178 patients. Study results are expected in
the second half of 2011. These results, together with the detailed analysis of the
BUILD- 3 data, will allow Actelion to better understand the role of dual endothelin
receptor antagonism in IPF and make appropriate development decisions.

Selective S1P1 receptor agonist in multiple sclerosis and psoriasis: Actelion’s
first-in-class selective S1P1 receptor agonist is currently under evaluation for
multiple sclerosis in Phase II. By the end of June 2010, this dose-response study had
enrolled more than half of the 400 planned patients. Study results are expected in H2
2011. In psoriasis, a large Phase II study will be initiated later this year.

Antibiotic compound: This novel molecule has shown, in preclinical studies, to be highly
active against problematic and multi-resistant pathogens. Following encouraging results
in Phase I studies, a Phase II program will commence later this year.

Actelion is currently also evaluating a cardiovascular compound in Phase I and has five
preclinical candidates that could enter the clinic in the coming 18 months.

Corporate updates

* Actelion publishes Half-Year Report 2010 – The document is available to download from
the publications page on www.actelion.com http://www.actelion.com/
(http://www.actelion.com/en/our-company/publications/index.page?)

Upcoming events

* Actelion to report Q3 financial results on 21 October 2010
* Actelion to report, in October 2010, the results from CONSCIOUS-2, a Phase III study
evaluating the clinical benefits of clazosentan on vasospasm-related morbidity and
all-cause mortality post aneurysmal subarachnoid hemorrhage.
* Actelion to report Full Year financial results on 17 February 2011

###

For Documentation Purposes

Full Financial Statement:
The full financial statement for the second quarter of 2010 can be found as a PDF
attached to the media release. It is also available on www.actelion.com
http://www.actelion.com/ in the Investor section
(http://www.actelion.com/en/investors/financial-information/
finance-archive/index.page?)

Non-GAAP to US GAAP reconciliation for Q2 2010

In CHF Million Q2’10 Q2’09
Non-GAAP EBIT 207.4 158.3
Stock option expenses 24.9 22.4
Amortization and depreciation 19.1 14.7
Operating income 163.4 121.2

Key Financial Figures for H1 2010

In CHF Million Results Results % Variance % Variance
(except for per share data) H1 2010 H1 2009 In CHF In LC
Net Revenues 1,024.9 855.2 20 23
Non-GAAP OPEX 619.7 550.4 13 14
Non-GAAP EBIT 405.1 304.8 33 39
Diluted EPS – Non-GAAP 2.74 2.31 19 25
Diluted EPS – US GAAP 2.10 1.79 17 23

Non-GAAP to US GAAP reconciliation for H1 2010

In CHF Million H1 2010 H1 2009
Non-GAAP EBIT 405.1 304.8
Stock option expenses 41.2 34.5
Amortization and depreciation 37.4 27.5
Operating income 326.6 242.9

Notes to the editor:

Actelion Ltd.
Actelion Ltd is a biopharmaceutical company with its corporate headquarters in
Allschwil/Basel, Switzerland. Actelion’s first drug Tracleer, an orally available dual
endothelin receptor antagonist, has been approved as a therapy for pulmonary arterial
hypertension. Actelion markets Tracleer through its own subsidiaries in key markets
worldwide, including the United States (based in South San Francisco), the European
Union, Japan, Canada, Australia and Switzerland. Actelion, founded in late 1997, is a
leading player in innovative science related to the endothelium – the single layer of
cells separating every blood vessel from the blood stream. Actelion’s over 2,300
employees focus on the discovery, development and marketing of innovative drugs for
significant unmet medical needs. Actelion shares are traded on the SIX Swiss Exchange
(ticker symbol: ATLN).

For further information please contact:
Roland Haefeli
Vice President, Head of Investor Relations & Public Affairs
Actelion Pharmaceuticals Ltd, Gewerbestrasse 16, CH-4123 Allschwil
+41 61 565 62 62
+1 650 624 69 36
www.actelion.com http://www.actelion.com/

HUG#1432585

Press Release PDF http://hugin.info/131801/R/1432585/378649.pdf
Webcast http://gaia.world-television.com/actelion/20100720/trunc
Financial Fact Sheet http://hugin.info/131801/R/1432585/378651.pdf

— End of Message —

Actelion Pharmaceuticals Ltd
Gewerbestrasse 16 Allschwil Switzerland

Atea ASA: Atea reports revenue growth of 11.8%

Atea ASA / Atea reports revenue growth of 11.8% processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this announcement.

Atea, the number one supplier of IT infrastructure products and services in the Nordic
and Baltic region, today announced second quarter 2010 results with revenue of MNOK
4,042.4, up 11.8% in constant currency compared to Q2 2009. EBITDA ended at MNOK 132.4,
up 13.1% versus last year and operating profit (EBIT) was MNOK 83.5 which is up 17.3%
compared to Q2 2009.

While total revenue in Q2 increased by 11.8% in constant currency, hardware revenue
increased as much as 21.4%, services was up by 8.2% and software was down by 1.1%.

The improvement in results is caused by strong revenue growth combined with continuous
cost focus.

“I am in particular very pleased to see the growth in hardware revenue of 21.4%, in a
hardware market that according to IDC is forecasted to grow by only 2.5% in the full
year 2010. This implies that Atea continues to gain substantial market shares,” says
Claus Hougesen, CEO in Atea.

In Q2 2010 Atea announced three acquisitions: Dropzone in Norway, an e-commerce company
serving SMB customers, Impact Europe’s subsidiaries in Sweden and Norway, which are
leading Tandberg videoconferencing resellers and AV solutions providers, and Portal AB
in Sweden which is one of the strongest and fastest growing IT infrastructure companies
in Sweden.

All acquisitions added new important competencies to our country organizations and all
acquisitions are in line with our initiatives in the Atea 20:11:1 growth plan.

Significant technology trends, such as Unified Communications, Mobile Infrastructure
Solutions, Virtualization, Software Asset Management, Device Lifecycle Management,
Windows 7, print/copy and Green It, areas in which Atea has a strong foothold, will also
be important growth areas going forward.

With continuous high ambitions, the goal is to deliver further growth and profit both
organically and through acquisitions. The attacking approach continues. Atea has the
necessary financial strength and focus to play an important role in the ongoing market
consolidation.

The target is to achieve operating revenues of NOK 20 billion and EBITDA of NOK 1
billion
in 2011.

The quarterly report and presentation is available at www.atea.com/reports

http://www.atea.com/reports

The press conference is available through webcast at www.atea.com/webcast

http://www.atea.com/webcast

The Stock Exchange Announcement is available at www.atea.com/ose

http://www.atea.com/ose

For further information, please contact:
Claus Hougesen, CEO Atea ASA, mobile + 45 3078 1200
Rune Falstad, CFO Atea ASA, mobile + 47 906 14 482

About Atea
Atea is the leading Nordic and Baltic supplier of IT infrastructure with approximately
4700 employees. Atea is present in 73 cities in Norway, Sweden, Denmark, Finland,
Lithuania, Latvia and Estonia. Atea delivers IT products from leading vendors and
assists its customers with specialist competencies within IT infrastructure services.
Atea has annual revenue of approximately NOK 15 billion and is listed on Oslo Stock
Exchange. www.atea.com http://www.atea.com/

HUG#1431825

Atea Q210 report http://hugin.info/85/R/1431825/378140.pdf

— End of Message —

Atea ASA
PB. 6472 Etterstad Oslo Norway

Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Open Market (Freiverkehr) in Frankfurter Wertpapierbörse,
Freiverkehr in Bayerische Börse München;

Agfa-Gevaert: Agfa Graphics acquires Pitman Company USA

Agfa Graphics strengthens its distribution power and expands its presence in
the growing US industrial printing industry

· Acquisition boosts Agfa Graphics’ revenue in the US to over $500 million

· EBIT margin of acquired Pitman business is expected to be well in line with
Agfa Graphics’ global 7 percent EBIT target

· Agfa Graphics enters the packaging and pressroom printing markets with a
comprehensive product portfolio from a wide range of world class manufacturers

· Agfa Graphics gains unique opportunity to grow its industrial inkjet business
with complementary product lines

Mortsel (Belgium), July 15, 2010 – 7.45 a.m. CET

Agfa Graphics announced that it has signed an agreement to purchase the assets of the
Harold M. Pitman Company, a leading US supplier of prepress, industrial inkjet,
pressroom and packaging printing products and systems.
The Pitman Company acquisition substantially increases Agfa Graphics’ revenue in the US
to more than $500 million. The incremental EBIT contribution is expected to be well in
line with Agfa Graphics’ global 7 percent target. After the closing, Agfa expects
further growth of its US top line resulting from the combination of expertise available
in both companies. Agfa also expects strong synergies to be delivered from the
consolidation of sales forces and the reduction of G&A expenses.

Based in Totowa, New Jersey, the Pitman Company counts 502 employees and 16 locations
throughout the USA. The acquisition will enable Agfa Graphics to significantly
strengthen its position in the US printing industry.Pitman’s large customer base and
knowledge of the industry will offer immediate and unique growth opportunities for Agfa
Graphics’ industrial inkjet and prepress solutions. Agfa Graphics’ addressable market
will increase substantially, thanks to the addition of numerous product lines to its
offering, including flexographic printing plate solutions for the packaging industry,
pressroom products and value added services. Moreover, Agfa Graphics will be able to
complement its own developed industrial inkjet offering with the addition of a vast
range of media, new inks and wide format printing systems.

“Pitman’s strong distribution network and broad portfolio of products and systems,
combined with our leading technology, will provide us with promising growth
opportunities in this strategically important region. One glance at Pitman’s extensive
catalog is enough to understand that we will considerably expand our scope,” said
Stefaan Vanhooren, Agfa Graphics’ president. “One of the main drivers behind this
decision was the fact that we gain a unique opportunity to significantly grow our inkjet
business.”

Pitman’s Chairman of the Board, Paul (Peter) F. Schmidt, Jr., stated “Our family built
the Pitman Company into an industry leading graphic solutions provider and for over 50
years we have been strategic partners with Agfa. I feel very confident about this new
chapter in the history of the Pitman Company and I know that it is the combined force of
Pitman and Agfa that will drive this company to the next level by providing present and
future customers a greater value package of goods and services.”

About Agfa-Gevaert
The Agfa-Gevaert Group is one of the world’s leading companies in imaging and
information technology. Agfa develops, manufactures and markets analogue and digital
systems for the printing industry (Agfa Graphics), for the healthcare sector (Agfa
Healthcare), and for specific industrial applications (Agfa Materials).
Agfa is headquartered in Mortsel, Belgium. The company is present in 40 countries and
has agents in another 100 countries around the globe. The Agfa-Gevaert Group achieved a
turnover of 2,755 million Euro in 2009.

About Agfa Graphics
Agfa Graphics offers integrated pre-print solutions for the printing industry. These
solutions include material consumption, hardware, software, and services for production
workflow, design and color management. The Company’s CtP, CtF and digital proofing
systems have positioned it as worldwide leader in the commercial printing and packaging
industries as well as newspaper publishing markets.
Agfa Graphics is rapidly expanding its offer of products and solutions on the growing
digital inkjet market. Its experience in both image technology and emulsions has
provided the knowledge necessary to make high-quality systems for UV and solvent-based
inks. Partnerships with industry leaders in development and manufacture have expanded
the scope of its technology and permitted the company to develop comprehensive digital
solutions for printing posters, banners, signs, displays, labels and packaging
materials.

More information on Agfa-Gevaert, Agfa Graphics and Pitman can be found on their
respective websites: www.agfa.com http://www.agfa.com/ – www.pitman.com

Contact
Viviane Dictus
Director Corporate Communication
Septestraat 27
2640 Mortsel – Belgium
T 32 3 444 7124
F 32 3 444 4485
E viviane.dictus@agfa.com mailto:viviane.dictus@agfa.com

Johan Jacobs
Corporate Press Relations Manager
T 32 3 444 8015
F 32 3 444 5005
E johan.jacobs@agfa.com

HUG#1431676

Press release http://hugin.info/133908/R/1431676/378127.pdf

HORNBACH HOLDING AG: Pleasing first-quarter earnings performance

HORNBACH HOLDING AG / Pleasing first-quarter earnings performance processed and
transmitted by Hugin AS. The issuer is solely responsible for the content of this
announcement.

Hornbach Group posts satisfactory start to 2010/2011 financial year

At € 59.6 million, EBIT matches high previous year’s figure – consolidated sales up 0.8%

Neustadt a. d. Weinstrasse, July 1, 2010. The Hornbach Group can afford to be satisfied
with its start to the new 2010/2011 financial year. Its earnings performance in the
first quarter of 2010/2011 (March 1 to May 31, 2010) latched seamlessly onto the
successful performance in the previous year’s period. At € 59.6 million, operating
earnings (EBIT) at the overall Hornbach Holding AG Group matched the previous year’s
figure. The Group’s net income for the period rose 2.0% to € 37.8 million, resulting in
earnings per preference share of € 3.76 (previous year: € 3.72). An improvement in the
gross margin enabled the Group to make up for subdued garden sales at its DIY stores
with garden centers, which felt the effects of the poor weather in spring 2010.
Consolidated sales showed slight growth of 0.8% to € 826.6 million in the first three
months (previous year: € 819.8m).

The 131 DIY megastores with garden centers operated across Europe by
Hornbach-Baumarkt-AG, the Group’s largest operating subgroup, increased their sales by
0.7% overall to € 779.9 million (previous year: € 774.8m). The sales performance in the
first three months was affected by periods of very cold, wet weather. This led to a
decline in sales in the garden product division. The other product divisions, by
contrast, reported more or less stable or positive developments. On a like-for-like
basis, i.e. excluding sales at stores newly opened in the past twelve months, and net of
currency items, sales slipped 2.0%. Including currency items for the non-euro countries
of Romania, Sweden, Switzerland, and the Czech Republic, like-for-like sales decreased
by only 0.8% across the Group. Driven in particular by the positive development in the
gross margin, the subgroup’s operating earnings reached € 49.6 million, thus also
matching the previous year’s figure.

The Hornbach Baustoff Union GmbH subgroup provided further positive momentum. Sales at
the unchanged total of 21 builders’ merchants outlets improved by 3.6% to € 46.7 million
in the first quarter of 2010/2011 (previous year: € 45.0m). Earnings showed clearly
disproportionate growth.

The Hornbach Group can still point to very robust balance sheet figures. As of May 31,
2010, its equity ratio amounted to 41.2% (February 28, 2010: 42.4%). Cash and cash
equivalents are reported at € 463.2 million (€ 335.1m). The Group expects to open three
new DIY megastores with garden centers outside Germany by the end of the 2010/2011
financial year (February 28, 2011). Due to increased outlays to boost its market
position, Hornbach expects its EBIT for the year as whole to fall slightly short of the
level reported for the 2009/2010 financial year (overall Group: € 151.5m).

Further details can be found in the extensive interim reports of Hornbach Holding AG and
Hornbach-Baumarkt-AG published and available for downloading in the “Investor Relations”
section of the Group’s website at www.hornbach-group.com http://www.hornbach-group.com/
.

HUG#1428517

Interim Report Q1 2010/2011 HORNBACH HOLDING AG Group

http://hugin.info/130429/R/1428517/375898.pdf

Interim Report Q1 2010/2011 HORNBACH_Baumarkt-AG Group

http://hugin.info/130429/R/1428517/375899.pdf

Press Release Q1 2010/2011 http://hugin.info/130429/R/1428517/375897.pdf

— End of Message —

HORNBACH HOLDING AG
Le Quartier Hornbach 19 Neustadt an den Weinstraße Germany

WKN: 608343;ISIN: DE0006083439;
Listed: Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;

Vestas: Will the Wind Business Ever Be Brisk Again? Climate

“Wind is all we do,” says Martha Wyrsch, the president of Vestas Americas.

That’s great for the planet — wind energy is part of the solution to the climate crisis. It hasn’t been good for the company’s bottom line, at least not lately. But Vestas sees better days ahead.

Vestas, as you may know, is a global company, based in Denmark, and the world’s largest manufacturer of wind turbines. (It installed 5,581 MW of capacity in 2009, which represents 12 percent of the global market.) Two of its biggest wind industry competitors — General Electric and Siemens — also make plants and equipment to burn coal and natural gas, and they are diversified beyond the energy business as well. They aren’t as “green,” at least in the environmental sense of the word, but they don’t depend on wind.

Vestas does, and so the company has taken a hit because of a global slowdown in the wind industry, driven in part by the 2009 recession and credit crunch. Low natural gas prices are a problem for wind-turbine manufacturers, because utilities build gas-fired plants instead. So are the continuing uncertainties of energy policy in the U.S. — an investment tax credit that is crucial to wind projects is set to expire this year. Another worry for the biggest players: China, a huge market, has become intensely competitive, with dozens of local competitors entering the fray.

As a result, in the first quarter of 2010, Vestas took a hit. The company booked revenues of 755 million Euros, down from 1,105 mEUR in 2009. It reported a loss of 96 mEUR, which compares with 76 mEUR in EBIT during Q1 of 2009. The stock is down by more than 20 percent in the last year.

Wyrsch says things are looking better for the year ahead. “We see orders picking up again,” she says. The company operates three factories in Colorado, and it plans to open a fourth this year. It has estimated that its U.S. business will grow by 25 percent annually between now and 2014, although given the absence of carbon regulation, such projections should probably be viewed with some skepticism.

I visited with Martha Wyrsch last week in Washington. (We’d met in April at FORTUNE’s Brainstorm Green conference, where she spoke on a panel that I moderated about renewable energy.) Martha, a lawyer who is 52 but appears younger, is a newcomer to the wind business who joined Vestas in May 2009. She’d previously worked as general counsel for Duke Energy and then, when Duke spun off its pipeline business, as the No. 2 executive at Spectra Energy.

Her roots are in the business, too; she grew up in Wyoming, where gas and coal are the big industries, and her father was an executive with PacifiCorp., a utility now owned by MidAmerican Energy (which is itself owned by Berkshire Hathaway). She told me when a headhunter called to ask her about working at Vestas, she didn’t know the company at all. Since then, she’s become a true believer. “Wind should be on a par with oil and gas as an energy source,” she says.

So why isn’t it? Price is the biggest obstacle. “We have an obligation as a wind industry to become cost competitive,” Wyrsch says. “We have to stand on our feet and compete.” Wind currently generates about 2 percent of the electricity in the U.S., far less than coal, gas or nuclear power.
!–pagebreak–

But wind isn’t cost competitive yet, and so Wyrsch and her boss, Vestas CEO Ditlev Engel, had come to Washington to ask Uncle Sam for a helping hand. With the rest of the industry, Vestas is asking the Congress to extend two subsidies that are crucial to the industry: Wind project developers can chose to take a 30 percent investment tax credit for facilities that begin construction — an ill-defined term — by the end of 2010 or they an elect to take a production tax credit of 2.1 cents per kilowatt hour under legislation that expires in 2012. The wind industry is also pushing a national renewable electricity standard, which would require a portion of the nation’s electric to come from renewable energy by a date certain — 25 percent by 2025, some have said.

Why should taxpayers support the subsidies? First, Wyrsch says, because we as a nation “don’t want to become dependent on any one source of energy. We need a variety of sources of power in our portfolio.” Wind can not only replace coal and gas, but it has the potential to become a substitute for oil in the long run, if the U.S. can electrify a substantial part of its cars.

Second, she says, the oil and gas industries have enjoyed federal support for decades, and so wind and solar need a boost to get to parity. “We need to be sure that this industry has the opportunity to get to a level playing field,” she says. “We’re not nearly as highly subsidized as some in the oil and gas industry.”

Vestas, she notes, is also creating jobs. It employs about 1,800 people in the U.S., with about 350 at corporate headquarters in Portland, another 800 in Colorado, about 100 engineers in Houston (where they draw up ex-NASA people to do R&D) and others who service existing installations spread around the country. One of its suppliers, a company called Hexcel, also has opened a small plant in Colorado.

Vestas sells its wind turbines to utilities including Duke, Sempra, Next Era and Puget Sound Energy. For the wind industry to really take off, those utilities and the government will have to provide additional support. For one thing, utilities need to develop ways to store energy. Vestas is doing its part — it recently announced a research project intended to develop a wind turbine with built-in storage. For another, utilities and the government need to develop transmission lines to deliver wind from rural regions where the wind blows steadily, such as Iowa and the Dakotas, to population centers.

Despite the industry’s recent woes, Vestas — which has began producing wind turbines in 1979 — has been an excellent long-term investment. During the past five years, a period during with the S&P500 has been flat, Vestas’ shares, which are traded on the NASDAQ OMX Copenhagen (formerly the Copenhagen Stock Exchange, have nearly tripled in price.

Italy judge rejects Berlusconi request in Mediaset trial

AMSTERDAM, April 28 (Reuters) – Dutch mail company TNT NV (TNT.AS) said on Monday first-quarter operating profit fell 17.7 percent due to fewer working days in the period and a charge taken to end a joint venture.

Europe’s second-biggest mail company had 289 million euros

($450.6 million) in earnings before interest and tax (EBIT), down from 351 million a year ago and below an average forecast of 314 million euros in a Reuters poll of 13 analysts.

TNT said confirmed its 2008 outlook and said it saw economic activity in its markets at the same level as in the fourth quarter of 2007.

(Reporting by Niclas Mika)

((niclas.mika@thomsonreuters.com; +31 20 504 5008; Reuters Messaging: niclas.mika.reuters.com@reuters.net))

($1=.6413 Euro) Keywords: TNT/

AMSTERDAM, April 28 (Reuters) – Dutch mail company TNT NV Keywords: TNT/

(C) Reuters 2008. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters. Reuters and the Reuterssphere logo are registered trademarks and trademarks of the Reuters group ofcompanies around the world.nWEB3043