Interim Report 1 January-30 September 2002

10/23/2002 4:00 AM EST

Interim Report 1 January - 30 September 2002

· Net turnover during the nine-month period fell by 14 per cent
to MSEK 125.3 (145.2).

· Results for the nine-month period:

operating result of MSEK -1.7 (2.7)

result before tax of MSEK -0.6 (2.5)

earnings per share of SEK -0.08 (0.31)

· During the third quarter,

net turnover totalled MSEK 34.4 (42.6)

the result before tax amounted to MSEK -2.0 (-0.7)

the operating result totalled MSEK -2.4 (-1.1)

· Operating costs were reduced by 16 per cent during the third
quarter and by 11 per cent during the nine-month period as compared to
the corresponding period last year.

· New customers acquired during the nine-month period include
Akzo Nobel, Cloetta Fazer, Dobson, Eaton Corporation, Elekta, Goodman
Fielder, If, ISS, Metso, Labatt, NCR, Oncor and Posten Norge.

· During the nine-month period, BTS UK succeeded in doubling its
net turnover to MSEK 21.4.
·
BTS Group AB is an international consultancy and training company in the
field of business acumen. BTS uses tailor-made business simulations to
support company managers in implementing change and improving
profitability. BTS solutions and services train the entire organisation
to analyse and to take decisions centred on the factors that promote
growth and profitability. This generates increased emphasis on
profitability and market focus, and supports day-to-day decision-making,
which in turn leads to tangible, sustainable improvements in profits.
BTS customers are often leading major companies.

Turnover
During the nine-month period, BTS' net turnover fell by 14 per cent and
amounted to MSEK 125.3 (145.2). Adjusted for changes in exchange rates,
turnover during the period fell by 12 per cent. Although turnover fell
in the United States and the Nordic region, both Great Britain and
Australia continued to develop positively.

Future reporting dates

Year end report 2002 12 February 2003

Stockholm, 23 October 2002

Henrik Ekelund
President and CEO

*Open telephone meeting with Henrik Ekelund on Wednesday, 23 October,
10.00-10.30. Tel. +46 8-598 001 04

For additional information, please contact:
Henrik Ekelund, CEO (+46 733-500 150)
Stefan Brown, CFO (+46 8-58 70 70 00)
or visit our Web site at www.bts.com

This report has not been specially reviewed by BTS' auditors.

BTS Group AB
Grevgatan 34
114 53 Stockholm
SWEDEN
Tel. +46 8 58 70 70 00
Fax. +46 8 58 70 70 01
www.bts.com