DELFINGEN Industry — Earnings Release 2008

Apr 29, 2009

2008 annualre s ults

R e s u lts w e ak e ne d b e cau s e of th e fa llin th e au tom otive ind u s try

Th e D e lfinge n Industry G roup approve d its financial state m e nts for th e y e ar 2008.

In m illions ofe uros	2008	2007 re state d pro form a*
Sale s	9 2.0	9 1.2
Curre ntope rating profit	(0.1)	5.7
O pe rating profit	(1.2)	5.6
Ne tprofit	(4.0)	2.8

D e spite th e strong de cre ase ofm ark e ts in 2008 (-21% in A m e rica and -12% in Europe ), sale s ofth e D e lfinge n Industry Group re m ain stable ove r th e y e ar(+ 0.8%) and progre sse d (+ 4.0%) atconstantrate , due to th e acq uisition, during th e firstq uarte r, ofth e 'w iring h arne ss prote ction'division ofour A m e rican com pe titor M & Q .

Th e curre ntope rating profit,notfarfrom balance (€0.1M ),de cre ase d strongly com pare d to th e fiscal y e ar 2007.Th atfallis basically e xplaine d by :

• th e h igh incre ase ofpurch asing price s ofraw m ate rials,

• th e e xpe nditure s link e d to th e ve ry fastinte gration of M & Q , th e de lay in launch ing th e activitie s in Braziland th e de cision to close ce rtain productions in Portugal and in Rom ania.

Th e ope rating profitis affe cte d by th e Goodw ill de pre ciation ofth e w iring activity (€1.0M ) and th e n am ounts to €-1.2M .

Th e ne tprofitsh ow s a loss of€- 4.0 M ,m ainly be cause of:

• th e fallofth e ope rating profit,

• th e incre ase offinancialcosts link e d in particular to th e incre ase ofth e G roup's inde bte dne ss and to th e re proce ssing offinancialinstrum e nts.

Th e financialinde bte dne ss ofth e Group incre ase d be cause ofth e acq uisition ofth e 'w iring h arne ss prote ction'division ofM & Q .Th e ratio ofinde bte dne ss on ne tw orth rose again to 1.28 against0.48 on D e ce m be r 31st, 2007.

--------------------------------------------------------- Th e plan launch e d (ope rating costs re duction, pre se rvation ofits com pe titive ne ss and re duction of its production capabilitie s) m ustallow th e G roup to re ach balance in 2009 , e xce ptin case ofan e ve n m ore im portantde te rioration ofth e autom otive m ark e t.

Th is plan goe s w ith a conse rvative inve stm e ntpolicy and w ith an optim ize d inve ntorie s m anage m e nt, th at sh ould m ak e possible th e re duction ofth e financial inde bte dne ss ofth e G roup.Th e G roup confirm s its w ill to im prove its ge aring.

*Th e 2007 pro form a financialstate m e nts (pe riod of12 m onth s in an e xce ptionnaly e ar of17 m onth s) h ave be e n corre cte d m ainly be cause ofa m istak e in th e inve ntorie s valuation of M oroccan e ntitie s (im pactof€-0.5 M in th e 2007 re sults) and ofth e de fe rre d taxe s re proce ssing ofth e A m e rican e ntity (im pactof€+ 3.2 M on ne tw orth ).

Th e globalle ade r in prote ction and faste ning ofw iring h arne sse s - 1,000 e m ploy e e s in th e w orld Eurone xtParis ,com partm e ntC – ISIN code : FR 0000054132 – M ne m onic: D ELF

Ne xtpre ss re le ase : 05/13/2009 : 2009 firstq uarte r sale s Contact: M rs D om iniq ue M onange : + 33 (0)3.81.9 0.73.00 – w w w .de lfinge n.com