CS receives from Sanef an offer to acquire its Intelligent Transportation System (ITS) Activity

CS announces today it has received from Sanef Group a binding offer to acquire ITS Business Unit. This Business Unit employs approximately 220 people and registered € 31.4 million revenues in 2011

Sanef is a global service road infrastructure provider, specialist in mobility. This operation would allow CS ITS to take full advantage of a growing tolling system market.

With a view of closing this operation, which is subject to usual condition precedents and for which CS has granted exclusivity until 31 October 2012, CS will initiate consultation with its workers council representatives.

CS is a major actor in the design, integration and operation of mission-critical systems. CS is listed on the Euronext Paris stock exchange – Compartment C (Shares: Euroclear 7896 / ISIN FR 0007317813). For more information, please go to: www.c-s.fr.
Press Relations                                                                     
Barbara Goarant          
+33 (0)1 41 28 46 94