> Financial release, December the 16th of 1999

 As announced in our press release on the 8th of November 1999, two additional shares will be given for every one share held on the 4th of January 2000.

 Technically, this will be accomplished through an increase in capital of 131 MF taken out of reserves, followed by a change in the nominal value of each share from 10 F to 1 Euro.

 At the completion of this transaction, the capital of ALTRAN TECHNOLOGIES will thus be composed of 30 015 282 shares having each a nominal value of 1 Euro (196.887.343 FF).

 This transaction is neutral for the stockholder, who will see his holding of 1 share to 3 shares.

 This will be done automatically and no formalities are necessary by the stockholder.