Highlights Q3 2006:
• Total revenue increased 1% to EUR 622 million (Q3 2005: EUR 618 million); total revenue reported excludes EUR 16 million of revenue from discontinued operations (France) compared with EUR 76 million from discontinued operations in Q3 2005 (France and Italy)
• Service revenue increased by 3% to EUR 550 million (Q3 2005: EUR 533 million); service revenue growth on a comparable basis ** +5.0% in Q3 2006; service revenue growth breakdown: good in the Netherlands (+5.2%), strong in the Rest of Europe (+13.8%) and the Rest of the World (+10.3%); year-on-year decline in North America (-10.3%).
• Product revenue decreased by 15% to EUR 72 million (Q3 2005: EUR 85 million), as the Company continues to de-emphasise non service-related product sales; revenue mix improved in Q3 to 88.4% services and 11.6% products from 86.2% and 13.8% in Q3 2005, respectively.
• Outlook for 2006 remains unchanged.

Klaas Wagenaar, CEO of Getronics, stated: ‘The growth of revenues in key markets underscores the strength of our market proposition and the trust our customers have in the value we add to their business. Workspace management is of increasing importance to companies all over the world and Getronics is one of the few companies to benefit from this.’ Other important developments • Divestment of two highly profitable non-core operations in the Netherlands (HR Services and KZA) and the divestment of some profitable operations in Eastern Europe will have a negative impact on the overall gross and operating margin for the Group. • Divestments have resulted in approximately EUR 90 million in cash proceeds. The cash proceeds from KZA and Eastern Europe were received during the quarter, while the cash proceeds from the HR Services transaction were received in early October. • Net borrowings at 30 September 2006 were EUR 449 million. This compares to EUR 461 million at 30 June 2006 and does not include the cash proceeds from the sale of HR Services (sold for a consideration of EUR 65 million). Total borrowings were EUR 585 million at 30 September which compares to EUR 636 million at 30 June 2006 and EUR 514 million on 30 September 2005. Total borrowings include EUR 135 million of Cumulative Preference Shares that are classified as borrowings under IFRS. • On 31 August, the Company reached a new agreement with its Banking Syndicate, whereby Getronics regained full access to the Syndicated Credit Facilities of EUR 284 million in total until maturity in March 2008. As such, the earlier announced decrease of EUR 30 million, as disclosed on 2 August 2006, was cancelled by the lending banks. Following the KZA divestment in September, the Syndicated Credit Facilities were reduced from EUR 284 million to EUR 275 million. The Banking Syndicate consists of ABN AMRO, Rabobank, ING Bank, SNS Bank and NIBC.

Outlook Getronics remains on target to achieve approximately EUR 2.6 billion of annual revenue in 2006 from continuing operations, barring unforeseen circumstances. The target range of EBITAE margin for the Group in 2006 remains between 3.0% and 4.0%, barring unforeseen circumstances. The Company currently considers it likely that the EBITAE margin for 2006 will benefit from some pension curtailments and other employee benefit plan related gains. Positive and negative employee benefit plan related profit & loss items are not treated as exceptional and may have material effects on the Company’s operating results. As in previous years, the Company acknowledges that changes in its workforce (e.g. headcount reductions, acquisitions and divestments) or changes in the employee benefit plans will have positive or negative effects on its reported operating results this year and going forward. As indicated before, the planned cost savings of the Breakout Programme are expected to improve the EBITAE margin by at least 1% on an annual basis when completed. Consistent with previous Trading Statements, limited management commentary has been provided. However, Getronics’ CEO will be providing a more formal company update to all stakeholders in early December.

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