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The Swedish Tax Agency announces preliminary notice of tax reassessment

The Swedish Tax Agency has announced that they are considering reassessing Net
Entertainment NE AB’s taxable income and to impose additional taxes of SEK
67,492,226 and tax surcharges of SEK 20,595,576, a total of SEK 88,087,802. Net
Entertainment finds the Swedish Tax Agency’s opinion unfounded and will appeal
a potential decision if such is made in-line with the Swedish Tax Agency’s
preliminary notice.

After a tax audit in Net Entertainment NE AB concerning fiscal years 2007-2010,
the Swedish Tax Agency has announced a preliminary opinion, a so called audit
memorandum. The Swedish Tax Agency is considering imposing Net Entertainment
additional tax of SEK 67,492,226 and that tax surcharge shall be applied
amounting to SEK 20,595,576.

The Swedish Tax Agency does not give certain agreements between companies
within the Net Entertainment Group the same legal interpretation and economic
substance as Net Entertainment. Net Entertainment does not share the Swedish
Tax Agency’s opinion and insists that the Company complies with applicable laws
for taxation of the Company’s business.

A decision from the Swedish Tax Agency is estimated to be announced before the
end of 2012. In the case where the Swedish Tax Agency maintain their view and
decides in accordance with the preliminary notice, Net Entertainment will
appeal the decision.

For additional information please contact;

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

This information is such information that Net Entertainment NE AB (publ) is
required to publicly disclose under the Securities Market Act (2007:518) and/or
Financial Instruments Trading Act (1991:980). The information was submitted for
publication on November 5, 2012 at 8.00 am.

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