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Financial Results for Q3 2007/2008

Financial Results for Q3 2007/2008. Excellent results - brought by the strategy of the Board and the Management Team. KEY EVENTS OF QUARTER 3. Maintaining a high dynamics of sales of 27 . 7 % at the level of the Capital Group .

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Financial Results for Q3 2007/2008

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  1. Financial Results for Q3 2007/2008 Excellent results - brought by the strategy of the Board and the Management Team

  2. KEY EVENTS OF QUARTER 3 • Maintaining a high dynamics of sales of 27.7 % at the level of the Capital Group. • Official commissioning of the server cluster at TASK. The installation is 9th largest server in Europe and 27th worldwide. • Signing contracts for delivery of hardware for computer workrooms of a total value of PLN 129.8 MM. The tender was organized by the Ministry of Education and provided for approx. 40,000 computers, including more than 3,000servers. • Signing trade contracts with new customers: Auchan, NeoNet,Polo Market.

  3. RESULTS FOR QUARTER 3 Sales revenue (PLN M) Gross margin (%) • Sales revenue increased by 27.7 %- compared to Q3 2006/2007. Considering a drop of USD exchange rate by 22.7 % (April to April), the value of sales in USD rose by 65%. • Gross margin increased by 1.5 pp compared to Q3 2006/2007.

  4. RESULTS FOR QUARTER 3 Operating profit (PLN M) Net profit (PLN M) • Operating profit increased by 30.4 % compared to Q1 2006/2007. • Net profit increased by 29.3 % compared to the respective period of previous year.

  5. RESULTS FOR QUARTER 3 Earnings per share (PLN) • Return on Equity (ROE) increased by 7.3 pp. • * RoE based on net profit values for the last 4 quarters

  6. DETAILED FINANCIALS

  7. FORECAST ATTAINMENT LEVEL Net profit (PLN MM) Sales revenue (PLN MM) • Following the first three quarters of 2007/2008 the sales revenue projected for 2007/2008 was attained at 78% (the PLN/USD exchange rate dropped in the projected period by 11.7%). • Over the same period, the net profit reached 83% of its projected annual value.

  8. IMPLEMENTING THE STRATEGY OF GROWTH Expansion of the logistics centre proved a profitable investment • Investment value EUR 7,300,000 • Increased profitability and number of SKUs processed • Completion scheduled for July 2009 Expected changes of the maximum daily performance * performance = ratio: number of invoice items (lines) / hours of work

  9. IMPLEMENTATION OF DEVELOPMENT STRATEGY • Further growth of subsidiaries • ACTION Ukraina • At present the SHOK and KREZ chains operate a total of 15 shops • Another 3 shops planned to be opened • SHOK in Zaporizhia opens on 28 June, area: 2,000 sq. m • Another two locations planned: Vinnytsia, Donetsk • SFERIS • Rebranding process pending: in Quarter 3 2007/2008 the new visual identity was implemented at 13 shops. • Another 2 Sferis locations and 1 partner location were added to the chain. • Sales performance (quarter to quarter) grew by 40% • By the end of the year 30 additional partner shops will join and 13 native Sferis shops will be established.

  10. QUALITY OF THE YEAR FOR ACTIVEJET • The ActiveJet brand owned by ACTION S.A. won the Quality of the Year 2007 Award for the second time in the Product category. • The Jury of the competition includes PCBC ( Polish Centre for Testing and Certification) and Gazeta Prawna. a popular legal and business daily.

  11. IMPLEMENTATION OF DEVELOPMENT STRATEGY • Participation in public tenders • Winner of a tender for 6,500 computers for PZU, contract valueof approx. PLN 10.5 MM • First batch of deliveries for ZUS (national social insurance institution): 5,000 machines of a total value of approx. PLN 11.3 MM • Action currently awaits resolution of the following tenders: • ZUS, Second Batch – 4,000 PCs. approx. PLN 8 MM • ZUS, Third Batch – 4,000 PCs. approx. PLN 9 MM • ZUS, Fourth Batch – 5,000 PCs. approx. PLN 11 MM • Ministry of Interior and Administration – 7,500 PCs – PLN 13 MM

  12. A PRESTIGIOUS AWARD FOR ACTINA SOLAR • As the manufacturer of ACTINA SOLAR servers, ACTION S.A. was distinguished by INTEL as the most innovative server manufacturer and the best vendor of high-performance clusters in the EMEA in 2007.

  13. THANK YOU FOR YOUR ATTENTION

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