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Gimv NV M&A Activity 2011

Mar 28, 2011

3956_iss_2011-03-28_909d9a7d-0ed7-414f-a8ae-caf0f59e5954.pdf

M&A Activity

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Antwerp/ 28 March 2011 / 7:30 CET

Gimv portfolio company Psytechnics sold to Netscout

Gimv sells its stake in the British software company Psytechnics to Nasdaq-listed Netscout Systems (www.netscout.com). With 2009/2010 sales of USD 260 million, Netscout is the market leader in Unified Service Delivery Management enabling comprehensive end-to-end network and application assurance. Netscout Systems completely acquires Psytechnics.

Psytechnics (www.psytechnics.com) was founded in 2000 and currently employs 28 people. Psytechnics is a leading provider of performance management technology that enables organizations to have real-time visibility on the quality and reliability of voice and video services as perceived by the end-user. Today, Psytechnics' installed base manages over one million IP telephony users in the US and Europe.

The sale has no significant impact on Gimv's last published equity value at 31 December 2010. No further financial details on this transaction will be disclosed.

For further information please contact:

Mr Frank De Leenheer – Investor Relations & Corporate Communications Manager T +32 3 290 22 18 – [email protected]

Mr Elderd Land – Partner Venture Capital Gimv T +31 70 36 18 600– [email protected]

Gimv is a European investment company with 30 years experience in private equity and venture capital. The company is listed on the NYSE Euronext Brussels and administers around 1.8 billion EUR (including third parties' funds). Gimv invests in buyouts and provides growth financing to established companies. For this Gimv has four local teams in Belgium, the Netherlands, France and Germany. Through the Gimv-XL fund growth capital is invested in larger companies in Flanders. In high-tech sectors Gimv invests venture capital through its specialised teams in Life Sciences, Technology and Cleantech.

In the Benelux Gimv also focuses on infrastructure projects with its funds DG Infra+ and DG Infra Yield. Also, Gimv is active in Central and Eastern Europe through funds and joint ventures.