Board of directors of IFS proposes increased dividend

The board of directors of IFS has resolved to submit a proposal to the annual general meeting of shareholders that the dividend per share for 2009 shall amount to SKr 1.25. In 2008, the dividend corresponded to SKr 1 per share.

The annual general meeting of shareholders will be held on April 1, 2009 at One Conference, Svetsarvägen 6, Solna, Sweden. The proposed record day is April 6.

About IFS
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a fully-integrated, component-based extended ERP suite built on SOA technology. The company has more than 2,000 customers in more than 50 countries and focuses on seven main industries: aerospace & defense, utilities & telecom, manufacturing, process industries, automotive, retail & wholesale distribution, and construction contracting & service management. IFS has 2,700 employees and net revenue in 2008 was $383 million.

IFS Applications is a trademark of Industrial and Financial Systems, IFS AB (publ). All other referenced company or product names are trademarks or registered trademarks of their respective owners.

The information is that which IFS is required to declare by the Securities Business Act and/or the Financial Instruments Trading Act. The information was submitted for publication on February 23, 2009.