About Axis Communications. As the market leader in network video, Axis is leading the way to a smarter, safer, more secure world — drivingthe shift from analog to digital video surveillance. Offering network video solutions for professional installations, Axis’ products and solutionsare based on an innovative, open technology platform. Axis has more than 1,000 dedicated employees in 40 locations around the world andcooperates with partners covering 179 countries. Founded in 1984, Axis is a Sweden-based IT company listed on NASDAQ OMX Stockholmunder the ticker AXIS. For more information about Axis, please visit www.axis.com

The third quarter was characterized by a continued steady level

in the number of project inquiries compared with the first six

months of the year. Growth during the quarter was lower than

long-term expectations and the irregularity between quarters

remains. A slightly improved gross margin was mainly due to a

more favorable product mix and lower purchasing costs. The rate

of innovation is still high and the product portfolio was extended

by a number of high quality network cameras during the period.

It is currently difficult to judge how the economic uncertainty

will impact demand for Axis’ products in the near term. Presently,

we see a steady level in the number of project inquiries, but we

notice some caution among our partners.

Axis continues to see good opportunities for growth, principally

in smaller surveillance systems and in the Asian market. We

strengthened our offering towards smaller systems during the

quarter through improved products and strategically important

collaboration. Meanwhile, we are continuing to build up a

strong global organization and we were able to welcome 68 new

employees on board during the period.

We retain a positive view on the trend for network cameras with

an expected long-term growth potential of 25 percent per year.

We are convinced that Axis’ strong brand and market position,

combined with our business model and corporate culture mean

that we are well-equipped for continued global expansion.

The third quarter

• Net sales increased by 11 percent during the third quarter to SEK 1,079 M (971). Net sales increased by 8 percent in local currencies

• Operating profit decreased to SEK 168 M (225), which corresponds to an operating margin of 15.6 percent (23.2)

• Profit after tax amounted to SEK 120 M (164)• Earnings per share amounted to SEK 1.72 (2.37)

January-September

• Net sales increased by 19 percent during the period to SEK 3,004 M (2,527). Net sales increased by 14 percent in local currencies

• Operating profit decreased to SEK 369 M (441), which corresponds to an operating margin of 12.3 percent (17.5)

• Profit after tax amounted to SEK 264 M (322)• Earnings per share amounted to SEK 3.81 (4.63)

Continued global expansion and steady project flow

Interim report January–September 2012

Ray Mauritsson

President

2

Events during the third quarter Continued steady project flowA continued steady inflow of new projects was noted during the third quarter. The strong

position was retained in all major customer segments and despite some market turbulence,

we see a rate of sales that points to stable demand.

Stong offeringAxis is continuing to broaden its offering in network video and during the third quarter a

number of new products were released in the various customer segments. In September, a

new addition to the AXIS M30 series; the AXIS M3007, was introduced, which enables 360°

or 180° overview surveillance in 5 megapixel resolution. The camera is a professional and

cost-efficient solution for retail stores, schools and offices where price and image quality

are crucial factors.

During the period, the product portfolio was also extended by an entirely new and unique

camera series. The AXIS P12 series enables installations in very small spaces, and is ideally

suited for installations in ATM’s, banks or stores. It is an exceptionally small camera providing

HDTV quality video and it is adapted for advanced indoor and outdoor surveillance.

AXIS P3384 is ideal for installations in entrances, train stations and airports and is the

first product on the market offering both Wide Dynamic Range (WDR) and Axis Lightfinder

technology. The camera was released in August and enables surveillance of areas that are

characterized by challenging light conditions, including very weak as well as unusually

strong light.

High recruitment rateThe rapid ongoing shift from analog to digital video surveillance imposes demands on Axis

to continue its global expansion, principally through recruitment and new establishments.

The workforce increased during the period by 68 people to 1,333 employees in 40 countries.

New strategic investmentsContinual development of the business model is taking place through new strategically important

collaboration. As part of the company’s efforts to boost the penetration of network video in

smaller surveillance systems, Axis initiated cooperation in September with Securitas Direct

in Sweden. Observer Direct is a comprehensive solution which offers cameras, installation,

connection to alarm center, guard turnout and service at a fixed price. The service makes it

possible for smaller companies to install safe, secure and professional systems.

In September, AXIS Camera Companion, ACC, was awarded the prize - “Security’s Best Winner”

at ASIS International 2012. The system was released in spring and was well-received in the

market. During the quarter, AXIS Camera Companion was improved with new unique solutions

in order to strengthen the offering and drive the technology shift from analog to digital video

surveillance in smaller installations.

650700750800850900950

10001050110011501200125013001350

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2010 2011 2012

983

1031

10881127

1205

1265

914

1333

Number of employees

3

Comments on the income statement and balance sheet

Net salesThe third quarter

Net sales for the third quarter amounted to SEK 1,079 M (971), which represents an increase

of 11 percent. Growth was 8 percent in local currency. Foreign currency effects had a positive

impact on sales of SEK 33 M.

Sales in the EMEA region amounted to SEK 385 M (374) during the third quarter, corresponding

to growth of 3 percent. Growth was 6 percent in local currency. The markets in Southern

Europe were affected by the financial turbulence. Meanwhile, several countries in the region

continue to show great interest for installation of network video products.

Sales in the Americas region amounted to SEK 570 M (500) during the third quarter,

corresponding to growth of 14 percent. Growth was 7 percent in local currency. Sales in the

North American market were weaker than expected. The underlying demand for network

video is still considered to be good and network solutions have become the natural choice

within essentially all customer segments.

Sales in the Asia region amounted to SEK 124 M (97) during the third quarter, corresponding

to growth of 28 percent. Growth was 20 percent in local currency. The Asian market is show-

ing great interest in network video and the growth potential for digital systems is still good.

January-September

Net sales during the period January-September amounted to SEK 3,004 M (2,527), an increase

of 19 percent in Swedish kronor and 14 percent in local currency. Foreign currency effects

impacted sales positively during the period by SEK 119 M.

Invoiced sales per product group (SEK M)

Q3 2012

Q3 2011

Q1–Q3 2012

Q1–Q3 2011

Full year 2011

Q411–Q31212 months

Video 1,065.0 965.5 2,980.7 2,503.8 3,550.5 4,027.4

Other 14.2 5.7 23.3 22.9 27.1 27.5

TOTAL 1,079.2 971.2 3,004.0 2,526.7 3,577.6 4,054.9

Invoiced sales per region (SEK M)

Q3 2012

Q3 2011

Q1–Q3 2012

Q1–Q3 2011

Full year 2011

Q411–Q31212 months

EMEA 384.9 374.1 1,093.7 1,027.2 1,479.3 1,545.8

Americas 569.9 499.7 1,561.6 1,244.3 1,739.6 2,056.9

Asia 124.4 97.4 348.7 255.2 358.7 452.2

TOTAL 1,079.2 971.2 3,004.0 2,526.7 3,577.6 4,054.9

EarningsThe third quarter

Operating profit during the third quarter amounted to SEK 168 M (225), which corresponds

to an operating margin of 15.6 percent (23.2). The operating margin was positively

impacted by a slightly stronger gross margin and seasonally lower costs. The gross margin

amounted to 50.8 percent (51.5). This was some improvement compared to the immediately

preceding quarter and was largely explained by a favorable product mix and lower

purchasing costs.

Sales

0

100

200

300

400

500

600

700

800

900

1000

0

10

20

30

40

50

1100

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2010 2011 2012

Sales, SEK M

Total growth, %

Invoicing per region, Q2 2012

Americas

EMEAAsia

53 %

36 %11 %

Mkr %

4

Profit before tax was SEK 166 M (224). Profit after tax amounted to SEK 120 M (164).

Changes in foreign exchange rates impacted operating profit negatively by SEK 25 M,

compared with the corresponding period of the previous year.

January-September

The group’s operating profit during the period amounted to SEK 369 M (441), which

is equivalent to an operating margin of 12.3 percent (17.5). Among other things, the

decrease in margins was due to a high rate of expansion combined with slightly lower

sales growth than expected. The gross margin amounted to 50.0 percent (51.2). Profit

before tax was SEK 364 M (439) and profit after tax was SEK 264 M (322). Changes

in foreign exchange rates impacted operating profit negatively by SEK 12 M in total,

compared with the corresponding period of the previous year.

Condensed incomestatement, SEK M

Q3 2012

Q3 2011

Q1–Q3 2012

Q1–Q3 2011

Full year 2011

Q411–Q31212 months

Net sales 1,079.2 971.2 3,004.0 2,526.7 3,577.6 4,054.9

Gross profit 548.2 499.7 1,503.0 1,293.7 1,827.4 2,036.7

Gross margin 50.8% 51.5% 50.0% 51.2% 51.1% 50.2%Operating profit 168.4 224.9 368.6 441.4 633.2 560.4

Operating margin 15.6% 23.2% 12.3% 17.5% 17.7% 13.8%Pretax profit 166.2 224.0 364.1 439.4 631.0 555.7

Cash flow, investments and financial positionCash flow from operating activities for the period January-September amounted to SEK

-5.5 M (226). Inventories increased by SEK 211 M during the period. Besides a return from a

temporarily low level of inventories, the increase was largely due to increased safety inventory

of critical components and a number of product duplications on account of generation changes

within certain product families. Net investments totaled SEK 54 M (55), of which capitalized

development costs amounted to SEK 20 M (16). To bridge short-term liquidity requirements

after the dividend in April, borrowing now amounts to SEK 210 M. Axis had SEK 190 M (224)

in cash and cash equivalents at the end of the period, as well as unutilized credit facilities

of SEK 290 M (200). Accordingly, the company had a total of SEK 480 M (424) at its disposal

at September 30, 2012.

Shareholders’ equityConsolidated equity amounted to SEK 649 M (630). The total number of shares at the end

of the period was 69,461,250 (69,461,250). Axis has no outstanding stock option programs.

The group’s equity/assets ratio at September 30, 2012 was 37 percent (43).

(SEK M)Share

capitalOther contributed

capitalOther

reservesRetained earnings

Total equity

Opening balance at Jan 1, 2011 0.7 279.2 -8.3 355.6 627.2Total comprehensive income for the period - -5.4 -1.2 321.8 315.2

Dividend - - - -312.6 -312.6

Closing balance at September 30, 2011 0.7 273.8 -9.5 364.8 629.8

Opening balance at Jan 1, 2012 0.7 279.2 -10.0 498.7 768.6Total comprehensive income for the period - 0.3 -2.8 264.4 261.9

Dividend - - - -382.0 -382.0

Closing balance at September 30, 2012 0.7 279.5 -12.8 381.1 648.5

The parent companyThe parent company’s operations are primarily focused on company-wide administration. The

parent company has no employees. Sales amounted to SEK 19 M (9). Operating profit amoun-

ted to SEK -7 M (-6). Cash and cash equivalents at the end of the period amounted to SEK 38

M (76) and borrowing was SEK 210 M (0). No investments have taken place during the period.

Operating profit / EBIT

0

25

50

75

100

125

150

175

200

225

250

0

10

20

30

40

50

60

70

80

90

100

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2010 2011 2012

EBIT SEK M

Gross margin %EBIT margin %

Sales per region, SEK M

EMEA Americas Asia

0

50

100

150

200

250

300

350

400

450

500

550

Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2010 2011 2012

Mkr %

5

OutlookWe currently see a steady inflow of new projects but the market is affected by the global

economic uncertainty. This is restricting the growth rate at present. The latest long-term

forecasts from Axis and external market research institutions estimate that the annual global

growth potential for the network video market is approximately 25 percent. An important

factor for continued strong growth is increased penetration in installations for smaller systems

and in emerging markets. In order to meet market demand and retain its position as the

market-leading supplier of network video solutions Axis will continue to develop and release

a large number of innovative products, refine the partner network, recruit more employees

and continue to expand globally.

OtherRisks and uncertaintiesAxis’ operations are subject to a further number of risks and uncertainties, which are described

in the 2011 Annual Report. No new material risks have arisen during the third quarter of 2012.

Accounting policiesThis interim report is prepared in accordance with the Swedish Annual Accounts Act and IAS 34,

Interim Financial Reporting. For information on the accounting policies applied, see the 2011

Annual Report. The accounting policies are unchanged compared with those applied in 2011.

Nominating CommitteeAxis’ Nominating Committee is composed of representatives from the three largest shareholders;

Christer Brandberg (Inter Indu AB), Therese Karlsson (LMK Industri AB) and Martin Gren (AB

Grenspecialisten). Christer Brandberg is chairman and convenor. Proposals and views from

shareholders concerning the composition of the board may either be submitted in writing to

the address: Axis AB, Attn. Adrienne Jacobsen, Emdalavägen 14, 223 69 Lund, or by phone

+46 46 272 18 00.

Annual General Meeting Axis’ Annual General Meeting will be held on April 16, 2013 at 5 p.m. in Lund, Sweden. The

venue will be announced subsequently.

The Axis share The company’s share is listed on OMX Nordic Exchange Stockholm AB on the Mid Cap segment,

under the ticker AXIS. Axis’ share had a turnover of 31,962,323 shares during the period

January-September 2012, which gave an average turnover of 170,012 shares per trading

day, at a value of SEK 28 M. The average price of the share during the period was SEK 163.

Reporting dates Axis will report on the following dates during the 2013 fiscal year:

> Year-end report: January 31, 2013

> Interim report, January-March: April 15, 2013

> Interim report, January-June: July 9, 2013

> Interim report, January-September: October 17, 2013

Lund, October 18, 2012 Ray Mauritsson President

6

Review report

Review report of condensed interim financial information prepared in accordance with IAS 34 and Chapter 9 of the Swedish Annual Accounts Act

IntroductionWe have reviewed this interim report of Axis AB (publ) for the period January 1-September 30,

2012. The board of directors and the CEO are responsible for the preparation and presentation of

this interim financial information in accordance with IAS 34 and the Swedish Annual Accounts

Act. Our responsibility is to express an opinion on this interim financial information, based on

our review.

The focus and scope of the reviewWe conducted our review in accordance with the Standard on Review Engagements, (SÖG)

2410, Review of Interim Financial Information Performed by the Independent Auditor of

the Entity. A review of the interim report consists of making inquiries, primarily of persons

responsible for financial and accounting matters, and applying analytical and other review

procedures. A review has a different focus and is substantially less in scope than an audit

conducted in accordance with International Standards on Auditing (ISA) and other generally

accepted auditing standards in Sweden. The procedures performed in a review do not enable

us to obtain a level of assurance that would make us aware of all significant matters that

might be identified in an audit. Accordingly, the conclusion expressed based on a review

does not constitute the same level of assurance as a conclusion based on an audit.

ConclusionBased on our review, nothing has come to our attention that causes us to believe that the

accompanying financial information is not, in all material respects, in accordance with

IAS 34 and the Swedish Annual Accounts Act regarding the Group, and with the Swedish

Annual Accounts Act, regarding the Parent Company.

Lund, October 18, 2012

PricewaterhouseCoopers AB

Ola Bjärehäll

Authorised Public Accountant

7

Consolidated statement of comprehensive income

(SEK M)Q3

2012Q3

2011Q1–Q3

2012Q1–Q3

2011Full year

2011Q411–Q31212 months

Net sales 1,079.2 971.2 3,004.0 2,526.7 3,577.6 4,054.9

Cost of sold products and services -531.0 -471.5 -1,501.0 -1,233.0 -1,750.2 -2,018.2

Gross profit 548.2 499.7 1,503.0 1,293.7 1,827.4 2,036.7

Other revenues and changes in value -24.2 25.7 -37.1 16.7 19.7 -34.1

Selling and marketing costs -181.6 -153.8 -548.0 -434.3 -610.4 -724.1

Administrative costs -39.5 -33.8 -123.3 -98.8 -135.8 -160.3

Research and development costs -134.5 -112.9 -426.0 -335.9 -467.6 -557.7

Operating profit * 168.4 224.9 368.6 441.4 633.2 560.4

Financial expenses -2.2 -0.9 -4.5 -2.0 -2.3 -4.8

Profit before tax 166.2 224.0 364.1 439.4 631.0 555.7

Tax -46.6 -59.6 -99.7 -117.6 -175.3 -157.4

Net profit for the period 119.6 164.4 264.4 321.8 455.7 398.3

Other comprehensive incomeExchange rate differences -0.3 -1.7 -2.5 -6.6 -1.7 2.4

Other comprehensive income for the period, net after tax -0.3 -1.7 -2.5 -6.6 -1.7 2.4

Total comprehensive income for the period 119.3 162.7 261.9 315.2 454.0 400.7

Total comprehensive income attributable to:

The parent company’s shareholders 119.3 162.7 261.9 315.2 454.0 400.7

Earnings per share for the period before dilution, SEK 1.72 2.37 3.81 4.63 6.56 5.73

Earnings per share for the period after dilution, SEK 1.72 2.37 3.81 4.63 6.56 5.73

Average number of shares before dilution, thousands 69,461 69,461 69,461 69,461 69,461 69,461

Average number of shares after dilution, thousands 69,461 69,461 69,461 69,461 69,461 69,461

*Net effects in exchange rates in underlying liabilities and receivables denominated in foreign currencies have impacted operating profit negatively by SEK 22 M (positively SEK 26 M) for the third quarter and negatively by SEK 34 M (positively SEK 15 M) for the period January-September.

Consolidated statement of cash flows

(SEK M)Q3

2012Q3

2011Q1–Q3

2012Q1–Q3

2011Full year

2011Q411–Q31212 months

Cash flow from operating activities before change in working capital

167.6 208.3 256.3 377.3 573.7 477.7

Change in working capital -138.7 -26.8 -261.8 -151.6 -119.4 -254.6

Cash flow from operating activities 28.9 181.5 -5.5 225.7 454.3 223.1

Cash flow from investing activities -23.5 -13.4 -54.0 -55.4 -82.0 -80.6

Cash flow from financing activities 27.6 -74.9 -175.1 -312.3 -313.6 -176.4

Cash flow for the period 33.0 93.2 -234.6 -142.0 58.7 -33.9Cash and cash equivalents, beginning of period 157.4 131.1 425.0 366.3 366.3 224.3

Cash and cash equivalents, end of period 190.4 224.3 190.4 224.3 425.0 190.4

8

Key ratiosQ3

2012Q3

2011Q1–Q3

2012Q1–Q3

2011Full year

2011Net sales growth (%) 11.1 31.8 18.9 22.8 22.0

Gross margin (%) 50.8 51.5 50.0 51.2 51.1

Operating margin (%) 15.6 23.2 12.3 17.5 17.7

Profit margin (%) 15.4 23.1 12.1 17.4 17.6

Depreciation/amortization (SEK M) * 49.1 34.2 49.1 34.2 36.5

Shareholders’ equity (SEK M) 648 630 648 630 769

Capital employed (SEK M) 696 655 696 655 870

Interest-bearing liabilities (SEK M) 210 - 210 - -

Net interest-bearing liabilities/net receivables (SEK M) ** -20 224 -20 224 425

Total assets (SEK M) 1,751 1,465 1,751 1,465 1,618

Return on capital employed (%) * 71.6 82.5 71.6 82.5 79.6

Return on total assets (%) * 33.3 41.3 33.3 41.3 43.7

Return on equity (%) * 57.8 66.2 57.8 66.2 66.6

Interest coverage ratio (times) * 117.7 209.9 117.7 209.9 276.4

Equity/assets ratio (%) 37.0 43.0 37.0 43.0 47.5

Share of risk-bearing capital (%) 47.0 54.6 47.0 54.6 52.1

Capital turnover ratio (times) 1.4 1.4 3.8 3.7 4.5

Number of employees (average for the period) 1,308 1,060 1,244 1,012 1,039

Sales per employee (SEK M) * 3.1 3.2 3.3 3.4 3.4

Operating profit per employee (SEK M) * 0.4 0.5 0.5 0.6 0.6 *The key figures have been recalculated to rolling 12-month values where appropriate. ** Refers to net of interest-bearing receivables and liabilities.

Per-share data Sep 30, 2012 Sep 30, 2011 Dec 31, 2011

Share price at end of period, SEK 163.00 113.75 138.50

Dividend, SEK 5.50 4.50 4.50

P/E multiple 28 19 21

Earnings per share before dilution, SEK 3.81 4.63 6.56

Earnings per share after dilution, SEK 3.81 4.63 6.56

Average number of shares before dilution, thousands 69,461 69,461 69,461

Average number of shares after dilution, thousands 69,461 69,461 69,461

Number of outstanding shares, thousands 69,461 69,461 69,461

Consolidated balance sheet(Mkr) Sep 30, 2012 Sep 30, 2011 Dec 31, 2011Non-current assets 201.7 174.3 186.7

Inventories 612.3 409.6 410.9

Trade receivables* 562.9 536.4 536.4

Other receivables 183.9 120.5 58.7

Cash and cash equivalents 190.4 224.3 425.0

Total 1,751.2 1,465.2 1,617.8

Shareholders’ equity 648.5 629.8 768.6

Non-current liabilities 135.7 109.1 101.8

Trade payables 300.1 277.7 289.5

Other current liabilities 666.9 448.5 457.9

Total 1,751.2 1,465.2 1,617.8

*This item includes receivables from contract manufacturers of SEK 65 M (SEK 67 M at September 30, 2011 and SEK 65 M at December 31, 2011).

9

Parent Company income statement (SEK M) Q1-Q3 2012 Q1-Q3 2011 Full year 2011Net sales 18.7 8.6 14.1

Gross profit 18.7 8.6 14.1

Administrative costs -26.0 -14.3 -22.4

Operating profit -7.3 -5.7 -8.4

Result from participations in group companies - - 600.2

Interest income and similar profit/loss items 8.0 22.6 4.0

Interest expenses and similar profit/loss items -4.2 -15.3 -15.7

Profit before tax -3.5 1.7 580.1

Change in tax allocation reserve - - 61.3

Tax - -0.4 -155.6

Net profit for the period -3.5 1.2 485.8

Parent Company balance sheet (SEK M) Sep 30, 2012 Sep 30, 2011 Dec 31, 2011Non-current assets 13.2 15.6 15.0

Receivables from group companies 541.0 227.5 768.1

Trade receivables and other receivables 3.3 2.2 1.6

Tax receivables 81.0 46.2 1.0

Cash and cash equivalents 38.1 75.6 155.3

Total 676.6 367.1 941.0

Shareholders’ equity 107.5 8.3 493.0

Untaxed reserves 352.6 356.4 352.6

Liabilities to group companies 0.6 1.0 1.1

Current liabilities 215.9 1.5 94.3

Total 676.6 367.1 941.0

Quarterly data

Invoiced sales per product group (SEK ‘000)

Q32012

Q22012

Q12012

Q42011

Q32011

Q22011

Q12011

Q42010

Q32010

Q22010

Q12010

Q42009

Video 1,065.0 1,039.1 876.6 1,046.7 965.5 740.7 797.6 869.0 722.1 665.0 633.1 645.8

Other 14.2 4.4 4.7 4.2 5.7 6.4 10.7 6.3 14.7 13.3 9.5 13.0

TOTAL 1,079.2 1,043.5 881.3 1,050.9 971.2 747.2 808.3 875.3 736.8 678.3 642.6 658.8

Invoiced sales per region Q32012

Q22012

Q12012

Q42011

Q32011

Q22011

Q12011

Q42010

Q32010

Q22010

Q12010

Q42009

EMEA 384.9 377.0 331.8 452.1 374.1 320.9 332.2 403.4 300.0 265.2 291.0 319.9

Americas 569.9 542.7 449.0 495.3 499.7 350.0 394.6 379.9 360.3 347.6 285.2 266.8

Asia 124.4 123.8 100.5 103.5 97.4 76.3 81.5 92.0 76.5 65.5 66.4 72.1

TOTAL 1,079.2 1,043.5 881.3 1,050.9 971.2 747.2 808.3 875.3 736.8 678.3 642.6 658.8

%Q3

2012Q2

2012Q1

2012Q4

2011Q3

2011Q2

2011Q1

2011Q4

2010Q3

2010Q2

2010Q1

2010Q4

2009Net sales growth % 11.1 39.7 9.0 20.1 31.8 10.2 25.8 32.9 29.7 25.1 20.9 31.6

Gross profit (SEK M) 548.2 515.1 439.7 533.7 499.7 382.4 411.5 442.3 371.0 339.2 333.8 345.8

Gross margin % 50.8 49.4 49.9 50.8 51.5 51.2 50.9 50.5 50.4 50.0 52.0 52.5

Operating profit (SEK M) 168.4 121.1 79.1 191.9 224.9 90.2 126.2 125.3 120.5 74.0 95.2 120.6

Operating margin % 15.6 11.6 9.0 18.3 23.2 12.1 15.6 14.3 16.4 10.9 14.8 18.3

10

Analyst & Press Conference

Axis will hold a teleconference for the media and financial analysts today. A presentation is

available on www.axis.com/corporate/investor/index.php

Time: October 18 at 10.00 a.m.

Phone number: +46 8 505 598 53

The presentation will be broadcast live on:http://storm.zoomvisionmamato.com/player/axis_communications/objects/k8z9hpmw/

For further information please contact:Ray Mauritsson, President

Fredrik Sjöstrand, CFO

Johan Lundin, Manager, Investor Relations

Tel: +46 46 272 18 00

Axis discloses the information provided herein pursuant to the Swedish Securities Markets

Act and/or the Swedish Financial Instruments Trading Act. It was released for publication on

18 October at 08.00 a.m. CET.