The President of the French Republic has proposed to Mr Frédéric LEMOINE, Group Vice-President and Chief Financial Officer of Cap Gemini Ernst & Young, to join his cabinet as Deputy General Secretary for Economic Affairs.

Given the distinguished nature of this post, which makes it hard to turn down, the Group regretfully accepts Mr Frédéric LEMOINE's resignation.

As this resignation will take effect in the next few days, interim responsibility for Group Finance will be taken by Mr William BITAN, Group Operations Control Director since 1st September, 2001 after over 30 years with SEMA Group where he namely held the post of Chief Financial Officer.

Inspecteur des Finances, Mr Frédéric LEMOINE joined Cap Gemini on 1st January 1998 as Group Director before being appointed Chief Financial Officer two years later. On May 23rd, 2000 he also became Group Vice-President. Prior to joining the Group, he was Deputy Director of the Ministry of Labour and Social Affairs, where he was in charge of co-ordinating the reform of the welfare and hospital systems.