Synergie SE — Earnings Release 2010

May 11, 2010

LEADER IN HUMAN RESOURCES MANAGEMENT

STRONG GROWTH (+ 19%) IN FIRST QUARTER BUSINESS

TURNOVER ON 31 MARCH: €244.5m

Group Turnover

The SYNERGIE Group's consolidated turnover currently present in 13 countries (interim, outplacement, business engineering, etc.) was €244.5 million for the first quarter of 2010 compared with €205.5 million for the same period in 2009, an increase of 19% (14.1% on a like-for-like basis).

Up 8.5% in France

SYNERGIE achieved quarterly turnover in France of €150.9 million as compared with €139.1 million in 2008, an increase of 8.5% in a market that grew 5% according to the indicator published by PRISME - Professionnels de l'intérim, services et métiers de l'emploi – Temporary Work Agency, Services and Employment Industry Professionals.

The measures introduced in the first half of 2009, together with the strategy of preserving operational strengths, enabled us to pre-empt the recovery and outperform business which grew with the increased outsourcing of HR services.

Up 41% in Europe and Canada

In a more favourable economic environment, our international business grew significantly with turnover of €93.6 million, up 41% on 2009 (26% on a like-for-like basis).

The integration as of 1 January 2010 of the Spanish network Olympia went off smoothly, thereby strengthening SYNERGIE's presence in the Iberian peninsula.

Business during the first 4 months of 2010

The upturn in the Group's business observed during the 1st quarter grew during April with an overall rise of 30% in outsourced workforce (20.5% in France and 47% internationally). This trend continued in May and should enable us to report excellent figures for 2010.

International business now accounts for about 40% of consolidated turnover, reinforcing our objective to achieve 50% of turnover outside France by the end of 2011.

Acquisition of the Swiss company GLOBAL JOB & SERVICES

The acquisition of GLOBAL JOB & SERVICES SA, whose 2009 turnover was MCHF13.5, was finalised at the beginning of May, enabling the Group to increase the number of its branches in French-speaking Switzerland.

Financial situation

With its strongly positive cash-flow (€70 million) and healthy financial structure, the Group continues to explore every opportunity for external growth, particularly in Germany and Belgium.

Dividends

A dividend of € 0.30 per share will be proposed at the Combined General Meeting on 17 June 2010.

Listed on NYSE Euronext Paris (ISIN FR0000032658), compartment B, SYNERGIE is a major independent player in global Human Resource management, with a network of 560 branches in Europe and Canada. SYNERGIE is one of the companies included in the CAC Small 90, CAC Mid and Small 190 and SBF 250 indexes.

ISIN FR0000032658 Reuters SDGI.PA Bloomberg SDG FP

www.synergie.fr