Assystem — M&A Activity 2011

Jul 25, 2011

Assystem Acquires MPH

The acquisition consolidates Assystem's positions in energy and in the global marketplace

(Paris – 25 July 2011) – Assystem, an international engineering and innovation consultancy, announced today that it has agreed to acquire family-owned engineering services provider MPH. The transaction is aligned with Assystem's acquisitions-led growth strategy in that it will strengthen the Group's positions in the fast-growing energy industry, particularly in the oil and gas segment, and expand its ability to serve customers outside France.

With the acquisition of MPH, Assystem now has the resources it needs to leverage the market opportunities created by the strong growth in global energy demand, led by emerging economies, and by the increasing complexity of accessing and producing fossil fuels. Assystem now boasts:

• An offering that covers the full spectrum of energy-related engineering services, thanks to a significantly strengthened position in the oil and gas segment.
• Broadened construction management capabilities, which play a key role in the nuclear, oil and gas segments and in infrastructure.
• A Middle East-based structure capable of providing support for complex infrastructure projects in energy and environment-related industries anywhere in the world.

MPH has been providing owner engineering support and EPCM services on complex infrastructure projects for over 25 years. Backed by the skills of its 1,000 employees, the company generated annual revenue of around €90 million in 2010, of which two thirds from its international operations. MPH has close, long-standing relationships with such clients as Total, Technip, Lafarge and Areva, and is supporting their expansion into global markets. French and international oil and gas companies account for 75% of the company's revenue.

The transaction will close in two steps: first, on 28 July, for the MPH French business, then, within the coming weeks, for the Middle-East/ Africa entity.

Assystem is an international Engineering and Innovation Consultancy. As a key participant in the industry for more than 40 years, Assystem supports its customers in developing their products and managing their capital expenditure throughout the product life cycle. Assystem employs nearly 9,500 people worldwide and reported €636 million in revenue in 2010. The Company is listed on NYSE Euronext Paris – Compartment B - Code ISIN: FR0000074148 – ASY. For more information: www.assystem.com

CONTACTS

Gilbert Vidal Chief Financial Officer Phone: +33 (0)1 55 65 03 10

Pauline Bucaille Vice President, Corporate Communications and Investor Relations Phone: +33 (0)1 55 65 03 08 – pbucaille@assystem.com Nicolas Castex/Lucie Larguier Citigate Dewe Rogerson Phone: +33 (0)1 53 32 78 95 – lucie.larguier@citigate.fr