Nextrom: Half year Order Intake and Sales

The market situation in the Telecommunication and Fiber Optics industry has continued to be very difficult during the first 6 months of 2004.

During this period, Nextrom received new orders worth of CHF 12.0 million (first 6 months 2003: CHF 6.2 million). The order backlog amounted to CHF 8.2 million at the end of June 2004 (end of June 2003: CHF 6.9 million).

Gross sales for the first 6 months amounted to CHF 7.9 million (first 6 month 2003: CHF 10.3 million).

Since the market has continued to be more difficult than anticipated and the expectations for a market recovery have been continuously postponed, the company has decided on a new restructuring program, which will be carried out in September-October.

Nextrom Holding SA, in Morges, Switzerland, is the world’s premier supplier of manufacturing solutions and services to the Fiber Optic industry. The company is listed on the Swiss Stock Exchange (SWX) in Zürich. For further information on the company, please visit www.nextrom.com (http://www.nextrom.com).

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