Symbian to report quarterly financial and operational highlights

London, United Kingdom – 14 August 2003 – To enable better understanding of its business and operational activities, Symbian Limited confirms today that in future it will release selected financial and operational information on a quarterly basis, beginning with unaudited financial and operational highlights for the second quarter and first half of 2003, ended 30 June 2003. These figures will be announced on 21st August 2003.

In advance of this announcement, set out below are the unaudited comparative figures for the first quarter ended 31 March 2003, for the half year ended 30 June 2002, and for the full year ended 31 December 2002.

The information provided in the quarterly statement will include:

• Symbian OS shipments
• Total revenues: royalty, consultancy services and partnering & other revenues
• Average royalty rate per unit
• Royalty gross profit %
• Gross operating expenses
• Average permanent headcount
• Cash at bank and in hand
• The number of Symbian OS products under development
• The number of Symbian OS licensees developing these products

Definitions are outlined in more detail in Notes to Editors below.

	Q1 2003	H1 2002	FY 2002
Symbian OS Units	1.18m	0.23m	2.00m
Average Royalty / Unit *	US$6.0	US$9.5	US$5.8
Royalty GP % *	84%	77%	74%
Turnover (£m)	£'m	£'m	£'m
Royalties *	4.4	1.5	7.7
Consulting services	4.2	6.9	20.2
Partnering & Other	0.6	1.1	1.6
Total	9.2	9.5	29.5
Gross operating expenses	£17.7m	£30.2m	£65.7m
Average permanent headcount	710	626	653
	End Q1 2003	End H1 2002	End Q4 2002
Cash at hand & in bank	£32.3m	£24.4m	£18.2m
	End Q1 2003	End H1 2002	End Q4 2002
No. of products in development	20	16	23
No. of licensees with products in development	9	8	9
* Royalties comprise Symbian OS & UIQ

The unaudited financial information included within this press release does not constitute statutory accounts. This information was prepared under the same accounting policies as stated in the year ended 31 December 2002 statutory accounts of the group, which are to be filed with The Registrar of Companies and which may be obtained from the Company Secretary, Symbian Limited, 2-6 Boundary Row, Southwark, London, SE1 8HP.

Notes to Editors

1. Definitions and additional information
   
   Royalty revenue – Symbian receives a royalty on each phone based on Symbian OS shipped by licensees. From Symbian OS v7.0 onwards, the royalty has been set at $7.25 per unit for the first 2 million units shipped by a licensee and $5 per unit thereafter. Symbian also receives additional royalty revenue for devices shipping with the UIQ user interface supplied by Symbian’s subsidiary, UIQ Technology AB. Symbian outsources certain technologies when either i) there is already an industry standard developed by another party (e.g. Java from Sun); or ii) the technology is more efficiently provided by an outside supplier (e.g. WAP / web browsers; personal computer connectivity).
   
   Consulting revenue – Symbian undertakes consultancy activities to assist its licensees implement Symbian OS in new handsets. Symbian receives revenue to cover costs (including full overhead recovery) and provide a commercial gross profit. The level of consulting revenue will fluctuate depending upon the volume of new engagements with licensees and the ability of licensees to develop new devices without the assistance of Symbian.
   
   Partnering & Other revenue – Symbian derives a further revenue stream from training activities, partner activities (including the Symbian Platinum Partner Program) and trade shows (including the annual Symbian Exposium). These activities are designed to promote Symbian OS and are therefore priced only to enable full cost recovery.
   
   Products in development – Symbian defines a product in development on basis of the criteria below:
   
   
   • Symbian OS licensee has a significant development team engaged on the project
   • there is a clearly defined plan to take the product through development to shipping
   • the product is anticipated to ship in commercial volumes
      

2. About Symbian
   
   Symbian is a software licensing company which develops and licenses Symbian OS, the global open industry standard operating system for advanced, data-enabled mobile phones.
   
   Symbian has licensed Symbian OS to the world's leading mobile phone manufacturers including Motorola, Nokia, Samsung, Siemens and Sony Ericsson. Publicly announced products based on Symbian OS include the BenQ P30, Samsung SGH-D700, Siemens SX-1, NTT DoCoMo FOMA F2102V and F2051 built by Fujitsu, Sony Ericsson P800 Smartphone, Nokia 9200 Communicator range as well as the Nokia 7650, 6600, 3650 and N-Gage.
   
   Symbian has its global headquarters in London, United Kingdom with development sites in Europe and Asia.
   
   
   

Media Enquiries

Peter Bancroft VP, Communications Symbian Ltd +44 20 7154 1546	Chris Barrie Citigate Dewe Rogerson + 44 20 7638 9571
David Levin CEO Symbian Ltd + 44 20 7563 2546