Alten

Earnings Release • Jul 29, 2010

Press release Paris, 29th July 2010

BUSINESS IN THE FIRST HALF OF 2010 ACCELERATED GROWTH

In €m	First half 2009	First half 2010	Change
Turnover - France - International	443.4 307.2 136.2	450.9 311.5 139.4	+1.7 % +1.4 % + 2.3 %
Staff at end of first half	12 200	11 700

BUSINESS IN THE FIRST HALF OF THE YEAR

• Turnover stood at €450.9m, up by 1.7% as compared with the first half of 2009 (€443.4m). On a like-for-like basis, activity increased by 2.7% (2.9% in France and 2.3% abroad).
• Alten renewed with organic growth, which picked up speed during the first half year. On a like-for-like basis, growth reached 7.1% in the second quarter.
• Accordingly Alten increased its recruitment rate.
• The utilization rate climbed to 92.5% in the first half year, which is a considerable increase as compared with the first half of 2009.
• Alten confirmed all its listings in 2010.
• The growth was achieved mainly in the Aeronautics-Space and Tertiary Sectors.

EXTERNAL GROWTH

• Alten acquired 19% of the capital of engineering group Phoebe Ingenica, and together they fill a significant position on all energy markets, both in terms of Research (Alten offer) and deployment (Ingenica offer) aspects.
• Alten created the ALTEN Information Systems GTS joint venture in association with Criteres Testing to join their expertise and market presence in project management and testing consulting to better develop this growing business.

Alten confirmes its will to continue its external growth policy to accelerate its worldwide expansion.

2010 OUTLOOK

The first half of 2010 confirmed the business recovery, which consolidated itself in the second quarter.

Most business sectors remain on track.

Alten revised its business forecast upward, provided the economic climate does not fluctuate, and anticipates around 5% organic growth in 2010.

Next event: Publication of half-year results on 29th September 2010.

As the European Leader in Technology Consulting and Engineering (TCE), ALTEN carries out design and research projects for the technical and IT divisions of major clients in industry, telecoms and services.

ALTEN's stock is listed on 'compartment B' of the Euronext Paris stock exchange (ISIN FR0000071946). It is part of the SBF 120, the IT CAC 50 and MIDCAP 100 indices, and is eligible for the SRD.

Technology Consulting and Engineering (TCE)

For more information: www.alten.fr

Contact: Matthieu Roquet Montégon 06 16 92 80 65