Cheuvreux IT & Technology ConferenceParis, March 9 2007

Luc-François Salvador, CEO Sogeti

1

2006 Annual Results

In 2006, Capgemini has recorded very solid progress

PrioritiesPriorities executedexecuted

DoublingDoubling operating operating marginmargin and net and net resultresult

OptimizedOptimized costcost structure and structure and deliverydelivery

Double digit Double digit growthgrowth for for ourour 4 disciplines4 disciplines

+ 12,1 %TOTAL GROUP

+ 12,6%Outsourcing Services*+ 10,4 %SOGETI+ 12,8 %Technology Services+ 10,3 %Consulting Services

FY 06 / FY 05

+ 2,6 ptOperating Margin

- 1,2 ptGeneral and Administrative Expenses

- 1 ptSelling Expenses

- 0,4 ptCost of services rendered

FOCUS ON ADDING VALUE TO CLIENTS

IMPLEMENT MAP INITIATIVE

CONFIRM NORTH AMERICAN TURNAROUND11

22

33

x2

InM€

2005 2006

Operating Margin Net Result

225(3,2%)

447(5,8%)

141293

Dividend : + 40 %* Revenue CS/TS related to Mega deals (HMRC, Schneider & TXU) reclassified in CS/TS

2

2006 Annual Results

Ready for new heights in North America

SOGETI

Double digit growth (+10,6%) and operating margin (13,3%)Successfully launched testing businessFootprint expanded with the acquisition of Software Architects

Outsourcing Services

Successful execution of GM and TXU contractsEarly benefits of MAP recorded

Consulting and Technology Services

Successful deployment of our sector/offerings focused strategy : FSI, Retail, TME, Automotive, SAPOperational efficiency : Overruns decrease by 30%Offshore development : 30% of TS hours performed in India

Revenues

TOTAL US + 3,8 %

+ 2,1 %

+ 5,4 %

FY 06 / FY 05

+ 7,3 pt5,4%

+ 5,2 pt2,8 %

+ 9,2pt7,7 %

FY 06 / FY 05FY 06Operating Margin

Outsourcing Services

Project and Consulting

Q406/Q405 Revenues +10,2 %

Q406/Q405 Bookings+15,2 %

P&C FY06 Book to Bill1,17

3

2006 Annual Results

Mid term margin impact

MAP drives strong results for Outsourcing Services

1-1,5 ptSupport functions1,5-2 ptRightshore1-1,5 ptIndustrialization1-1,5 ptProcurement0,5 ptRenegociation

Operating Margin

+ 3,1% (+3 pt)

Revenue Growth

+ 16,1%Strong Financial Records

Good execution of major new contracts

Strong BPO Growth

Cost reduction

Status

Achieved 2006Achieved 2006

On trackVisibility 2007Visibility 2007

Revenues Europe & Asia : + 47 %Revenues US : +2,9 %Workforce : 4500

86 % offshore4 Hubs, 8 satellites

Toronto

Dallas

KatowiceKrakow

Bangalore

Guangzhou Hong Kong

Adelaide

Kolkata

Mumbai

Toronto

Dallas

KatowiceKrakow

Bangalore

Guangzhou Hong Kong

Adelaide

Kolkata

Mumbai

4

2006 Annual Results

Architecture ServicesTS Bookings 2005

2622 M€TS Bookings 2006

2919 M€

TestingSogeti Revenues 2005

1108 M€Sogeti Revenues 2006

1222 M€

Recruitment

18 592 new Hires

1 210 new colleagues integrated through OS

Headcount : 67 889 (+11,2%)

Training

24 training hours per FTE delivered (+37%)

4650 people trained leading to certification (SOA, project management…)

35 000 training days in India

7000 people trained at Capgemini University

Investing in innovation and competencies

Innovation Competencies

+40%

188 M€

+39%114 M€

Share of Architecture Services in TS bookings

Share of Testing in Sogeti revenues

IM Command Centers

580100

2005 2006

IMCC Heacount in Poland & India

5

2006 Annual Results

Sector Innovation Portfolio Management

Financial Services and Insurance

Telecom, Media and Entertainment

Energy and Utilities

Public Services

Manufacturing, Retailand Distribution

Loans and MortgageKanbay domain expertise

Digital Media Telco in a box

Smart Metering

Tax SystemsSecurity

Future Value chainShared ServicesAutomotive

Improving cross-discipline andcross-country business.

Bookings 20056776 M€

Bookings 20068198 M€

Strengthening relations with ourTop 30 clients

5 country boards2 New European Business UnitsNew organization for consulting

Developing our sector approach and aligning organizations to improve portfolio management

HMRCHomeland

Share of bookings at our 30 top clients CS/TS/OS

1652 M€ 3260 M€

6

2006 Annual Results

A tier-one player regarding offshore capabilities

People

Sales

Recruitment focused on top talent = 1 hired every 8 interviews53% of people recruited coming from indian tier-I & II companies, 22% from referrals

Delivering large and complex projects : over 1600 people working for the 8 biggest projectsReduction of the rate card, according to skills

75 % growth in the number of clients vs 2005346 engagements serviced in 2006

Delivery

1570750Poland470400China

69803550India

Headcount 2006Headcount 2005Country

5552719

KanbayIndigo

+92% 19%

27%

Offshore/ total headcount

Offshore/ TS+OS headcount

Total offshoreheadcount 15 291

7

2006 Annual Results

Our 2007 priorities : Going one step beyond

Fight For Leadership Keep Transforming

NORTH AMERICA : Join top 3 in selected domain areas

BPO : Extend footprint beyond F&A

FINANCIAL SERVICES :

Consolidate tier-one status leveragingKanbay

KANBAY : Drive successful integration

I3 : Accelerate the Group positive momentum

CONSULTING SERVICES : Roll out a renewed ambition

SogetiLocal Professional Services

9

2006 Annual Results

Geographical presence

− Revenues 2006 € 1.3 billion− A workforce of over 16,000 staff spread over 200 locations.− 2006 : opening of new geographies (Ireland, Denmark, UK).

U.S. (13.1%)

France (52%)

Spain (4%)

Sweden(5.9%)

Benelux (7.1%) Germany (0.4%)

Switzerland (0.6%)

Netherlands (16.9%)

10

2006 Annual Results

Three business lines

High Tech Consulting

Engineering R&D Embedded softwareScientific calculationEngineering sciences

*Figures at 31/12/06

Application Services

Audit, Consulting, Project ManagementSoftware DevelopmentTesting, ERPApplication Management

Infrastructure Services

Audit, Consulting, Project ManagementInsourcingSecurityRolloutHelp Desk

15%

33%

52 %

AS IS

HTC

11

2006 Annual Results

Breakdown by sector

Sogeti Group revenues 2006 : € 1.3 billion.

35%26%

9%

12%

17%

Industry

ServicesTelecom

Bank & Insurance

Public & Utilities

12

2006 Annual Results

Top 10 Clients : 25% of revenues.

ALCATEL

BNP PARIBAS

CEGETEL

EADS

EDF

FRANCE TELECOM

GDF

ING BANK

PSA

RENAULT

SAFRAN

13

2006 Annual Results

An organisation on a human scale

− Flexibility and rapid adaptation to the market,− Entrepreneurial spirit,− 200 locations worldwide,

Business Unit

14

2006 Annual Results

Sogeti Business lines

15

2006 Annual Results

Applications Services

Mission Statement : assist our clients with the mastery and evolution of their information system; advise them on their strategies for developing and architecting their applications assets.

Activity :

− Consulting− Architecture− Development− Security− Migration

Software control & testingIntegration and maintenance Software development toolsEAI, Web servicesDatabases

• Strong growth on Testing : +34% in 2007 (150M€)

16

2006 Annual Results

Infrastructure Services

Mission Statement : deliver all IT services related to Infrastructure (servers, workstations and networks) and Operations (IT production, administration, technical support, and integration in production).

Activity :

− Consulting in technology and organization− Architecture− Security− Migration− Integration & management of operations− Systems management

17

2006 Annual Results

High Tech

Mission statement : provide high added value to our clients’ industrial and strategic projects, from R&D to implementation.

Activity :

−Business Engineering

−Research & Development

−Engineering, Scientific & Technical IS−Embedded Software−Process Control & Automation−Simulators & Real-Time Systems

Cheuvreux IT & Technology ConferenceParis, March 9 2007

Luc-François Salvador, CEO Sogeti