Stock Exchange Release no. 16 - Q1-3 2004 Report
11th November 2004

Columbus IT Partner A/S - Banemarksvej 50C - DK-2605 Brøndby
T: (+45) 7020 5000 - F: (+45) 7025 0701
CVR No.: 13228345

Continuing efficiency drive in the Group but reduced whole year forecasts

• Columbus IT Partner's Q1-3 revenues totaled DKK 416m (DKK 369m in 2003), up
13% on the same period in 2003, due amongst other things to the acquisition of
Hands Danmark A/S. 
• Q1-3 earnings (EBITDA) were DKK 10.2m (DKK 12.9m in 2003). Corrected for the
disposal of activities, EBITDA improved by DKK 17.0m in the period.
• Pretax results were a deficit of DKK -16.1m, which was an improvement of DKK
0.3m. 
• Considerable progress in Russia, USA, France, UK and the Baltic countries.
• Forecast revenues for the whole of 2004 are being cut from DKK 625m to around
DKK 580m. The forecast for EBITDA is being reduced from DKK 30m to approximately
DKK 20m. The Company is forecasting pre-tax results of a deficit of between DKK
-10m - DKK -15m (DKK -31m in 2003). 
• Before year-end, the Board will be calling an extraordinary general meeting
to report on details of the plans to reconstitute the Company's share capital
and to propose an extension of the present authorization to increase the
Company's share capital. 

Niels Heering            Carsten Dilling
Chairman of the Board    Chief Executive Officer
Columbus IT Partner A/S  Columbus IT Partner A/S

For further details please contact:
Carsten Dilling, CEO or Jan U.T. Bitterhoff, Business Development Executive, T:
(+45) 7020 5000. 

The Company's investor presentation is expected to be released as a web-cast
during Friday 12th November 2004.