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Ctac N.V.

Regulatory Filings Nov 17, 2010

3827_iss_2010-11-17_a1197539-5c14-4453-846c-b4b787e899c5.pdf

Regulatory Filings

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's Hertogenbosch, 17 November 2010

Ctac and Persity Recruitment join forces in secondment and recruitment of SAP specialists

Ctac Netherlands BV, a subsidiary of ICT service provider Ctac NV (Ctac), announces its intention to found two new joint ventures with Persity Recruitment VOF: Persity Search BV and Persity Resourcing BV. With the new joint ventures, Ctac will be able to offer a wider range of services in the Netherlands and will increase its national coverage and effectiveness.

With Persity Resourcing, the two parties focus on secondment of SAP consultants. Ctac is now working mostly on a project and management basis, but will also expand its portfolio with secondment. Through Persity Resourcing, both Ctac staff as well as selfemployed professionals are deployed at customers. In addition, Persity Resourcing will employ its own staff in future. This involves consultants who choose a more entrepreneurial model. The remuneration of consultants is strongly linked to their revenue generating capabilities. By joining Persity Resourcing, employees benefit from the national network and the expertise of both Ctac and Persity.

Persity Search BV focuses on recruitment and selection of (SAP-) professionals and salesand management personnel, for both Ctac and third parties.

"Through this collaboration with Persity, Ctac is better able to realize its HR objectives in the field of hiring, promoting and the exit of employees in the coming years. This is particularly important in view of existing and projected shortage of SAP professionals," said Jan-Willem Wienbelt, CFO at Ctac.

"With the two new joint ventures, we offer SAP professionals more choice," said Hans Pluim, director at Persity. "With Persity Search, we continue to support professionals in establishing a tenure with Ctac or elsewhere. In addition, a professional can now opt for entrepreneurship in the strong network of Persity Resourcing. We look forward to a successful partnership with Ctac in this area."

Ctac will hold 51 percent of the shares in the companies and Persity 49 percent. The two companies plan to establish the ventures no later than on 1 January, 2011. The two companies will start the preparations and the actual services as soon as possible.

About Persity Recruitment

Persity Recruitment – owned by Hans Pluim and Sander de Leeuw - has a long track record in resource management, recruitment and secondment in the SAP market. Together, the two owners have over 25 years of experience in various commercial and management positions in the SAP world. Since 2009, they are successful with Recruitment. For more information www.persity.nl.

About Ctac

Ctac is an ICT services provider specialising in ERP solutions. Activities include implementation, integration and management of among other things SAP and Microsoft systems and related activities such as system upgrades and system optimisations. The company is a SAP Gold Partner and Microsoft Gold Partner in the Netherlands and Belgium. Furthermore, Ctac is the largest SAP reseller for medium-sized enterprises in the Netherlands. Ctac's clients include approximately 600 organisations, of each size and in several sectors. Ctac employed a staff of 496 at 30 September 2010. Ctac is active in the Netherlands, Belgium, Germany and France with its corporate headquarters based in 's-Hertogenbosch (the Netherlands). Ctac is listed on NYSE Euronext Amsterdam (ticker: CTAC). For more information, please visit: www.ctac.nl.

More information:

Ctac Goudsbloemvallei 30 PO Box 773 5201 AT 's-Hertogenbosch www.ctac.nl

Henny Hilgerdenaar - CEO T. 073-692 06 92 E. [email protected]

Jan-Willem Wienbelt - CFO T. 073-692 06 92 E. [email protected]

Harrie van Groenendael - CIO T. 073-692 06 92 E. [email protected]

Persity Recruitment Melkpad 41 1217 KB Hilversum

Hans Pluim - Director T. 035-8200988 E. [email protected]

Important dates:

16 March 2011 Publication annual results 12 May 2011 Publication first quarter 2011 trading statement 12 May 2011 Annual General Meeting of shareholders 31 August 2011 Publication semi annual results 10 November 2011 Publication third quarter 2011 trading statement

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