> Financial release, October the 4th of 1999

A 42.7% PROFITS FIRST SEMESTER 1999 INCREASED 44%
TO 25.7 M euros (168.7MF)

 ALTRAN TECHNOLOGIES achieved consolidated turnover of 278 M euros (1 821 MF) for the 1st semester of 1999, up 44 % compared with turnover for the 1st semester 1998.

 The operating profits increased 45 % to 50 M euros (331 MF), compared with 35 M euros (228 MF) at the 30th of June 1998, that is 18.2 % of turnover for the 1st semester 1999 versus 18.1 % of turnover for the 1st semester 1998.

 Net Profits before amortisation of goodwill increased 44.1 %, up to 28 M euros (186 MF) compared with 9.7 M euros (129.3 MF) for the 1st semester 1998 not including an exceptional net financial gain of 0.5 M euros (3.5 MF) in 1998.
Profits before amortisation of goodwill are thus 10.2 % of turnover.

 The profits for the first semester of 1999 are equivalent to those for the whole year of 1997.

 Given the current growth prospects the forecast of 580 M euros (3 800 MF) in turnover for the year 1999 will be surpassed.

CONSOLIDATED ACCOUNTS 1st SEMESTER

  1999 1998
 
 Thousands 
of FRF 
   Thousands 
of  euros 
 Thousands 
of FRF 
   Thousands 
of  euros 

TURNOVER
 1 821 340    277 661  1 264 009    192 697 

OPERATING PROFITS
 331 555    50 545  228 207    34 790 

NET PROFIT
(before goodwill amortisation)
 186 367    28 411  * 132 844    20 251 

Net profit after minority interests
168 741    25 724  * 122 105    18 614