Econocom Group SE — Share Issue/Capital Change 2011

May 19, 2011

REGULATED INFORMATION

Issuance by Econocom Group of Convertible Bonds Exercise of the over-allotment option: issue amount increased to EUR 84 million

THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW

The current press release constitutes regulated information as defined in the Belgian Royal Decree of November 14, 2007, regarding the obligations of issuers of financial instruments that have been admitted to trading on a regulated market.

EXERCISE OF THE OVER-ALLOTMENT OPTION: ISSUE AMOUNT INCREASED TO EUR 84 MILLION

Brussels, Belgium (May 19, 2011) – Econocom Group S.A./N.V. ("Econocom Group" or the "Company") launched on May 18, 2011 an offering (the "Offering") of unsubordinated unsecured convertible bonds due 2016 (the "Bonds").

The Managers of the Offering have informed Econocom Group that they have exercised in full the overallotment option granted to them.

As a result, the aggregate principal amount of the Bonds is increased to EUR 84 million.

The expected date of issue and settlement and delivery of the Bonds is June 1, 2011.

About Econocom Group

Established in 17 countries with 3,700 employees, Econocom Group is Europe's leading independent provider of business-to-business IT and telecoms infrastructure management services. In 2010, Econocom Group posted consolidated revenues of EUR 1,021 million. Its services include consultancy, procurement, financing and a complete range of IT outsourcing services.

The Econocom Group shares (BE0003563716 – ECONB) have been listed on NYSE Euronext Brussels since 1986. For further information: www.econocom.com

Econocom contact

Olivier Aldrin CFO T: +33 1 47 56 37 79 Email: olivier.aldrin@econocom.com

Disclaimer

This announcement is not for distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan or in any other jurisdiction in which such distribution would be prohibited by applicable law.

This announcement is for general information only and does not form part of any offer to sell, or the solicitation of any offer to buy, securities. The distribution of this announcement and the offer and sale of the securities described in this announcement may be restricted by law in certain jurisdictions. Any persons reading this announcement should inform themselves of and observe any such restrictions.

Any offering and any related formal documentation will be subject to conditions and termination events, including those which are customary for such offerings.

Any such offering will not complete unless such conditions are fulfilled and any such termination events have not taken place or the failure to fulfil such a condition or the occurrence of a termination event has been waived, if applicable.

This announcement is not an offer of securities in the United States or any other jurisdiction. The convertible bonds (and the company's shares) may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended (the "Securities Act"). Econocom Group does not intend to register any portion of the planned offer in the United States or to conduct an offering of securities in the United States. The Offering is being conducted outside the United States in accordance with Regulation S under the Securities Act.

Any purchase of or application for convertible bonds pursuant to the Offering should only be made on the basis of the information contained in the Prospectus that will be issued by the Issuer in due course in connection with the Offering.