September 13, 2005

SAF Tehnika A/SSAF Tehnika A/S

Aleksis Orlovs

CFO

Financial reporting and how Financial reporting and how

does the issuer feel about it?does the issuer feel about it?

SAF Tehnika – SAF Tehnika –

designer, manufacturer designer, manufacturer

and distributor ofand distributor of

telecommunications and telecommunications and

datadata

transmission equipment – transmission equipment –

digital microwave radio digital microwave radio

systems.systems.

SAF Tehnika - public joint-stock companySAF Tehnika - public joint-stock company

Leading high-tech enterprise in the Baltics Leading high-tech enterprise in the Baltics

• SAF Tehnika is founded in 1999, have been growing SAF Tehnika is founded in 1999, have been growing from 10+ to 130 employees in 5 yearsfrom 10+ to 130 employees in 5 years

• ISO 9002 certified ISO 9002 certified

• Exposed to high-growth global telecom markets in Asia, Exposed to high-growth global telecom markets in Asia, South America, Africa, CIS and CEE South America, Africa, CIS and CEE

• Public company, traded on the official list of the Public company, traded on the official list of the RSE, capitalization over EUR 50mRSE, capitalization over EUR 50m

Before the Before the IPOIPO

• As a Microlink part – some reporting procedures establishedAs a Microlink part – some reporting procedures established

• No Disclosure practicesNo Disclosure practices

• Reluctance to disclose data to competitionReluctance to disclose data to competition

• Not in place necessary bureaucracyNot in place necessary bureaucracy and proceduresand procedures

After the After the IPOIPO

• Time consuming reporting and always changing standards...Time consuming reporting and always changing standards...

• Enhanced credibility and trust from international suppliers, Enhanced credibility and trust from international suppliers, partners and customerspartners and customers

• Increased brand awareness and implementation of best Increased brand awareness and implementation of best practicespractices

• Better and easier communication with investors and other Better and easier communication with investors and other stake holdersstake holders

Never give upNever give up!!

Thank you!Thank you!

Aleksis.Orlovs@saftehnika.com

SAF Tehnika A/SSAF Tehnika A/S