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Turnover for the first quarter of 2008/2009 (in IFRS norms)

Toulouse, 12 December 2008 – The IGE+XAO Group announces:

Over the 1st quarter 2008/2009, IGE+XAO showed a 7.1% increase in turnover compared with 5.3% and 2.6% respectively in 2007/2008 and 2006/2007. This increase is all the more significant as it was registered in the context of a tense economic situation.

In trading terms the quarter was marked by the announcement of the signing of a major contract relating to the Group’s Electric PLM (Product Lifecycle Management) solutions, which will have consequences for this financial year and the next.

In research and development, IGE+XAO increased its software design and development abilities with, among other things, the operational launch of two subsidiaries situated in Morocco and Tunisia respectively.

In addition, the Group has strong fundamentals with equity capital of 16.6 million Euros, virtually no bank debt and cash of nearly 13 million Euros at 31 July 2008.

Over the financial year IGE+XAO Group plans to continue its market strategy aimed at increasing turnover while retaining a high level of profitability.

Finally, and in accordance with IGE+XAO policy, the Board of Directors reminds that at the Annual General Meeting on 30 January 2009 it will recommend increasing the payment of dividends to 0.26 € gross per share compared with 0.22 € gross the year before.


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About IGE+XAO:

For over 30 years, the IGE+XAO Group has been a software publisher designing, producing, selling and supporting a range of Computer Aided Design (CAD), Product Lifecycle Management (PLM) and Simulation software dedicated to Electrical Engineering. These software products have been designed to help manufacturers in the design and maintenance of the electrical part of any type of installation. This type of CAD/PLM/Simulation is called "Electrical CAD/PLM/Simulation". Since mid 2014 with Prosyst take over, IGE+XAO also offers a complete software range for electrical installation functional simulation. IGE+XAO employs 390 people around the world on 32 sites and in 21 countries, and has more than 86,000 licences distributed around the world. IGE+XAO is a reference in its field. For more information: http://www.ige-xao.com

IGE+XAO Contacts:
Analysts/ Investors: Alain Di Crescenzo (Chairman of the Group): +33 (0)5 62 74 36 36
IGE+XAO Group, 16 boulevard Deodat de Severac - CS 90 312 - 31 773 COLOMIERS CEDEX
Phone: +33 (0)5 62 74 36 36 - Fax : +33 (0)5 62 74 36 37
Site Web: www.ige-xao.com
Listed on Euronext Paris- NYSE Euronext - Indice CAC Mid & Small® - ISIN FR 0000030827

Press Contact:
Christian Colin : +33 (0) 5 62 74 36 36

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