The Board of Directors of Cap Gemini S.A. convened on February 13, 2008 under
its Chairman, Serge Kampf, to review and to authorize for issue the audited accounts
for the Capgemini Group, whose financial year ended on December 31, 2007.

At current rates and perimeter, the Capgemini Group has therefore recorded a
growth in revenues of 13.0%. When excluding perimeter effects (principally the
acquisitions of Kanbay and Software Architects) and the effect of foreign exchange
rate fluctuations (appreciation of the Euro in relation to the other major currencies),
growth still reaches 9.0% for the year, noticeably higher than that of its market.

The sustained rate of bookings – almost €10 billion on the year – has not slowed
down in the fourth quarter, with a total of €3,740 million worth of signatures
(of which €1,579 million are linked to the extension by three years of the contract
with HMRC, the British tax authority). Outside of Outsourcing Services, the book-to-bill
ratio is 1.07 for the year.

The operating margin has continued to rise and has improved in each of the Group’s
four disciplines to reach €640 million, representing 7.4% of 2007 consolidated
revenues which is 1.6 points more than that of 2006. For the second half of the
year alone, it reached 8.6%.

Other operating income and expense stands at minus €147 million, of which €90
million are restructuring costs, and €27 million integration costs linked to the
integration of companies acquired during the year (Kanbay and Software Architects).

After a negative financial result of €7 million, a tax charge of €48 million
and a share in profit of equityaccounted companies of €2 million, the Group net
income excluding minority interests comes to € 440 million, which is 5.1% of revenues
and a progression of 50% on that of the previous year.

Acquisitions made during the year have not impaired the financial solidity of
the Group’s, which on December 31, 2007, had kept a net cash position of €889
million.

The same day, the Board of Directors decided to propose at the next Ordinary
Shareholders’ Meeting the distribution of a dividend of €1 per share (3) – up
by 43% on that of last year – a distribution which is equal to a third of the
Group net income excluding minority interests (which is €3.03 per outstanding
share on December 31, 2007) and in line with Capgemini’s long standing policy
on the matter.

Activity by Major Geographic Area

  • North America: Driven by very good performances from Outsourcing Services and
    Local Professional Services, revenues here have grown by 9.4% at constant rates
    and perimeter. The addition of the North American activities of Kanbay and Software
    Architects having more than compensated for the depreciation of the US dollar,
    growth is at 28.3% at current rates and perimeter. Expressed in US dollars, 2007
    revenues are $2.4 billion, which is 40% more than in 2006, positioning the Group
    as one of the main players in the American market. The operating margin has reached
    6.5% against 5.4% in 2006.
  • Europe: With revenues up by 22.3% at constant rates and perimeter, the Nordic
    countries have recorded the best growth, followed by Southern Europe (+14.1%),
    the Benelux countries (+11.7%), and France (+8.6%). The Germany & Central
    Europe region has only grown by 3.9%, because of a slight decline in Outsourcing
    Services. All of these regions, without exception, have improved their operating
    margins, the Benelux countries in particular, which at 15.0% returns to its historical
    rates, and the Germany & Central Europe region, which has recorded a margin
    of 13.3%. The UK & Ireland region (+4.4%) has shown growth of more than 10%
    in its Consulting and Technology Services activities, but suffered from the effect
    of a notable (and planned) drop in revenues recorded with HMRC. In total, the
    operating margin is 6.8%, therefore very close to the Group average.

Activity by Discipline

  • The strongest growth has been recorded by Technology Services (+11.0% at constant
    rates and perimeter), with an operating margin of 8.9% on the year, passing even
    the 10% mark for the second half notably thanks to the improvement in the utilization
    rate.
  • With a margin of 12%, Local Professional Services (Sogeti group) stands as the
    Group’s most profitable discipline, notably due to the development of higher value-added
    offers such as testing, while its revenues are up by 9.5% with especially strong
    growth in the US, the Netherlands and Sweden.
  • Outsourcing Services has recorded growth of 7.8%, with an operating margin which
    has improved at the same rate as that for the whole Group to reach 4.7%, the lower
    contribution from the HMRC contract being more than compensated for by the improvement
    of several other units.
  • Progression for Consulting Services is more modest than that of other disciplines
    on the whole year (+4.5%), but it did however show an increase in momentum with
    growth of 9.6% in the second half, thanks to dynamic activity in Europe, and continues
    to improve its margin, which now comes to 10.5%.

The Group’s headcount grew by 15,600 people in 2007, with strong development
of the offshore workforce, especially in Technology Services and Outsourcing Services.
Mainly situated in India, but also in Poland, China, Morocco and Latin America,
the offshore headcount represented 24% of the total Group workforce on December
31, 2007 (20,000 out of 83,500).

Other Significant Events

  • On January 21, 2008, credit rating agency Standard & Poor’s scaled up Capgemini
    Group’s rating from BB+ to BBB- (stable outlook), putting us back into the “investment
    grade” category.
  • On February 8, Schneider Electric and Capgemini finalized their agreement on
    a revision of the outsourcing contract also covering the development of the global
    ERP system, signed in November 2004. This agreement notably redefines the perimeter
    of the contract, the production tariff terms – henceforth based on the volumes
    that have actually been used – and service specifications (with the aim of freeing
    up additional savings in relation to the initial plan) and consequently, acceptable
    economic bases for both parties. From this new base, the contract will record
    slight losses in 2008, but will allow the Group to record a decent operating margin
    from 2009 onwards.

Outlook for 2008

The demand for consulting and IT services was sustained throughout 2007 and into
the beginning of 2008. The crisis in the banking sector, triggered a few months
ago by the massive devaluation of assets, which it had to carry out, has up until
now not had any repercussions on our sector of activity. No more so in the US
than in Europe, has the Group seen a break in its rhythm nor any sign of a slowdown.
Bookings are in line with forecasts and sales results for the 4th quarter have
meant that the Group has started 2008 in good shape for growth. Having said this,
it is not inconceivable that the difficulties of the banking sector will end up
spreading to the whole economy and reach our own disciplines, in which case the
Group would accelerate the implementation of a certain number of measures planned
in its i3 transformation plan (Industrialization, Innovation and Intimacy). In
this context the Capgemini Group today estimates that it will be able to record
growth for 2008 (at constant rate and perimeter) of between 2% and 5%. The Group
is in any case, confident in its ability to record a new improvement in its operating
margin, bringing it to 8.5% (against 7.4% in 2007).