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Net Entertainment's financial performance during the third and fourth quarter 2012

Net Entertainment’s revenues are affected by the development of the Swedish
currency in relation to other currencies, mainly the Euro. The majority of
revenues are invoiced in Euro. The revenues are reported in Euro which is then
calculated to Swedish SEK for the Group’s reporting. Since the end of the
previous quarter the Swedish Krona has strengthened significantly towards the
Euro which affect Net Entertainment’s revenues negatively in the third quarter.

Furthermore the company’s revenues have been negatively affected by delays of
the launch of two large customers and the Olympics during July and August since
the Company’s customers, the operators, have focused marketing spending towards
sports betting.

Due to the above factors the Company estimates that the revenue growth for the
third quarter compared to previous period 2011 is expected to be around 10
percent ( around 20 percent in Euros), which is lower than current market

During the fourth quarter the Company’s depreciation level is expected to
increase as the projects Live Casino and the development related to the UK
entry is completed. As the Company grows and different authorities set
increased requirements the need to further develop Net Entertainments processes
and systems increases which increases costs during the fourth quarter.

Long term Net Entertainment is in a good position and the Company estimates
that the strategic efforts made on Live Casino, the UK entry and mobile games
in combination with slot games being available in Italy will generate good
revenues during 2013.

For additional information please contact;

Per Eriksson, CEO Net Entertainment; Phone +46 8 57 85 45 00

About Net Entertainment

Net Entertainment is a premium supplier of digitally distributed gaming systems
used by some of the world’s most successful online gaming operators. The Net
Entertainment casino is a complete gaming solution comprising both a complete
management platform and a full suite of high quality games. Operators are
provided a customized casino that is easily integrated ensuring short time to
market and a cost efficient operation. Net Entertainment is listed on Nasdaq
OMX Stockholm (NET-B). More information about Net Entertainment is available at