1. AXIS Communications - a world of intelligent networks January-June 2002 CEO Peter Ragnarsson CFO Jörgen Lindquist

2. H1 2002 Continued profitability

3. Financial performance H1 Profitability and Positive Cash Flow… Operating profit improved by SEK 110 M (comparable units) Positive EBIT margin for the rolling 12-month period: 3.9 % Cash flow from operating activities amounted to SEK 9 M

4. Highlights H1 2002 Continuous growth for Video; up 34 percent Additional agreements with Honeywell and Canon Several new products

5. Sales Q2 2002 Sales by Product Group 44%Video Print43% Store 4% Scan 2% Access 2% Other 5% Branded vs. OEM-sales 25%OEM Branded 75%

6. Sales Q2 2002 Ongoing operations Sales 171 MSEK (168) Stable sales despite weak market conditions

7. Video – Sales Q2 2002 Continued growth New products New agreements Pro forma 2000 Q1Q2Q3Q4Q1Q2Q3Q4 2000 Q1 2001-02 Q2

8. Print – Sales Q2 2002 Weak market conditions New wireless print server supporting 802.11b Q1Q2Q3Q4Q1Q2Q3Q4 2000 Q1 2001-02 Pro forma 2000 Q2

9. EBIT by Quarter Four consecutive quarters with positive EBIT Operating margin 5.5 % Pro forma 2000 Q4Q1Q2Q3Q4Q1Q2Q3 2000 Q1 2001-02 Q2

10. Ongoing operations, MSEK Sales per Quarter

11. Gross margin MSEK

12. Market trends Signs of increased activity in cautious IT-market Continued growth for Video Growing interest in surveillance and security Increasingly large investments Increasingly professional applications

13. Outlook H2, 2002 Continued weakness in the economy still impacts several markets in the beginning of H2 Goal of profitable development remains

14. This is Axis World class solutions for easy-to-use, secure and efficient communication over networks