Fujitsu Services

Fujitsu Services launches offer for GFI Informatique

Fujitsu Services, one of Europe’s leading IT services companies, today announced its intention to launch an offer for the entire issued share capital of GFI Informatique, at a price of €8.50 per share and €3.15 per warrant.

London, 2nd May 2007 — These prices imply a significant premium of 19.6% over GFI Informatique’s closing share price of €7.11, adjusted for the proposed 2006 dividend of €0.20 per share, and of 21.6 % over its adjusted 1 month weighted average price of €6.99, all as of 27 April 2007 (this date being the last day before GFI Informatique announced a decision to postpone its proposed extraordinary general meeting to 21 May 2007), which would be a very attractive offer to all shareholders and warrant holders. In addition, at present, it is also expected to be a significant premium over the share subscription warrants in connection with GFI Informatique’s proposed share capital increase reserved for a company controlled by private equity group Apax.

Fujitsu Services has no formal agreement with GFI Informatique. It approached Mr Jacques Tordjman, the chairman and chief executive officer of GFI Informatique to discuss this offer on 26 April 2007 and Fujitsu Services is continuing those discussions.

The acquisition of GFI Informatique would create a leading IT services business in Europe, complementing the existing strengths of Fujitsu Services with GFI Informatique's strong French and Southern European businesses. Full terms and conditions of Fujitsu Services' offer may be found at http://uk.fujitsu.com/fullterms020507

David Courtley, chief executive of Fujitsu Services said, “It has been our declared intention to grow the size of our business in continental Europe. The combination of Fujitsu Services and GFI Informatique would enable us to do this and provide both companies’ customers with a greater range of services.”

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About Fujitsu

Fujitsu Services is one of the leading IT services companies in Europe, Middle East and Africa. It has an annual turnover of £2.29 billion (€3.33 billion); employs almost 18,000 people and operates in over 20 countries. It designs, builds and operates IT systems and services for customers in the financial services, telecom, retail, utilities and government markets. Its core strength is the delivery of IT infrastructure management and outsourcing across desktop, networking and data centre environments, together with a full range of related services, from infrastructure consulting through integration and deployment.
Headquartered in London, Fujitsu Services is the European-centred IT services arm of the Fujitsu Group. The Fujitsu Group is a US$40.6 billion (€33.4 billion) leader in the provision of IT systems and services for the global marketplace.

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