Turnover in the 2nd Quarter 2005/2006

Toulouse, March 15th, 2006 – The IGE+XAO Group announces

In the second quarter of 2005/2006, IGE+XAO registers sustained growth in its business with a turnover of € 5,359,509 which is an increase of 8% compared to 2004/2005.

The first six months of this fiscal year marks a new phase in the development of the IGE+XAO Group, notably with the creation of a marketing subsidiary in the United States (Dallas), the opening of a representative office in China (Nanjing) and other new marketing opportunities. At the same time, the Group has simplified its functional organization by the takeover by the quoted company IGE+XAO of its two financial holdings Financelec and Caouec Investments.

Moreover, during the same period, the efforts of the IGE+XAO Group in terms of the development and quality of its financial information reporting have been recognized by its nomination for the "Midcaps Trophy" and for the awards of the "Prix 2006 de l'Information Financière" and of the "Septuors" for its international development.

Finally, the Group Board confirms its expectations of the continuing growth and net profitability which attained 8.5% in 2005.





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