UBS Global Software & IT Services Conference

Mark Porter – Capgemini UK&I CEO

15th March 2006

UBS| Global Software & IT Services Conference March 20062

In 2005, Capgemini got back into the race1. Capgemini won market share

+ 15.0%FY+ 9.6%Q4+ 9.8%Q3

+ 22.1%Q2+ 20.3%Q1

Organic growth

2005/2004

2. Capgemini has significantly improved operating performance

4. Capgemini achieved its major goals

Drive sustainable, profitable growth in outsourcing3

Accelerate the North American turnaround2

Consolidate Project & Consulting European recovery1

Change gears in RightshoreTM4

Operating margin+3,6 pt

-600

-500

-400

-300

-200

-100

0

100

200

300

3. Capgemini returned to profit

2004 2005

- 534

+141

-24

+225

Net Income +675 ME

H1 2004 H2 2004 H1 2005 H2 2005

-1.5%Operating

margin

+0.6%+1.8%

+4.7%

-4420

62

163

UBS| Global Software & IT Services Conference March 20063

In 2005, Capgemini won market share

RightshoreTM

US presenceAlliances

“From consulting to outsourcing & Business Process Outsourcing”

Transformation capabilityFront-office

Collaborative Business Experience“decentralization and entrepreneurship”

Due to our unique position… ...and returned to profit

Versus global Tech competitors

Versus global Tech competitors

Versus Indian Pure Play competitors

Versus Indian Pure Play competitors

Versus other leadersIn the sector

Versus other leadersIn the sector

Group revenues are up + 15% and all our businesses are growing Group revenues are up + 15% and all our businesses are growing

Outsourcing

Incl. Cons.&Tech.Services US

TOTAL US

Project & Consulting Europe

Operating Margin

Group Operating margin

Net Income (M€)

- 2.0%

-11.9% (e)

- 8.0%

3.4% (e)

1.5%

- 0.8%

2.8%

8.7%

2004

- 1.2%

-8.2%

- 6.6%

6.3%

H1 2005 H2 2005

- 0.4% 1.8% 4.7%

-534 +58 +83

Versus European competitors

Versus European competitors

UBS| Global Software & IT Services Conference March 20064

21%

21%

6%14%

25%

5%1%

19%

26%

6%14%

24%4%

1%

Revenues by Region: UK & Ireland is now the Group’s largest Region

FY 2005

Benelux

North America

UK & Ireland

NordicCountries

Central Europe

France

South Europe

Asia Pacific

Government

Telecom, Media & Networks

Manufacturing,Retail &

Distribution

Energy & UtilitiesFinancial Services

Other

FY 2005

19%

26%

6%14%

6%

24%

4%1% 15%

28%

11%

27%

7%

12%

UBS| Global Software & IT Services Conference March 20065

The UK&I contributed to Group success & outperformed in 2005

Double digit growth vs 5-6%* for overall Consultancy & IT Services market

Significant margin improvement vs. 2004

A heritage as a successful integrated services business (Consultancy. Technology. Outsourcing)

Aspire (HMRC) growth

…… but we believe in the strength of independent services

* Source: Ovum Holway Market Trends Jan 2006

UBS| Global Software & IT Services Conference March 2006

We’re working with the top tier customers - both public & private

Consulting Services & Technology Services

Cap

gem

ini C

usto

mer

s

Outsourcing Services

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Capgemini has power as a ‘joined-up’ business….

Customer

• Deep business & process expertise

• Innovation

• Accelerated solutions & sustainable change

• Ability to articulate the impact of IT in business

terms

• Deep technology capability deployed to deliver on the advice

• Service delivery culture & heritage

• Establishing & managing an ecosystem of

partners

• Focused BPO expertise

Underpinned by our collaborative way of working to deliver sustainable bottom line results long after we have left

Underpinned by our collaborative way of working to deliver sustainable bottom line results long after we have left

UBS| Global Software & IT Services Conference March 20068

The outlook for the Consultancy & IT Services market is positive but a mixed picture

Market trends• The market will continue to grow, but at a slower rate than last year

• Overall trend in the private sector is for budget IT containment. Government spending will increase next year, but will slow after 2007

• But in places encouraging signs of a return to a ‘growth agenda’ funded by IT Cost cutting

• Rightshore is the major trend enabling cost containment – estimated at 15% which will accelerate in the next 2-3 years

• IT Outsourcing (infrastructure + application led deals) + BPO accounts for 55% of all IT services revenue which offers 7% growth rates for the foreseeable future IT Budgets

Maintenance Costs

Development budget

UBS| Global Software & IT Services Conference March 2006

So what’s hot in the market today?

Business Intelligence/ CRM

RightshoreTM

The CIO agenda

Shared Services

Technology Transformation/ SOA

UBS| Global Software & IT Services Conference March 2006

Capgemini is working right at the ‘top of the office’ in Government

• Strong commitment to the Public Sector.

• Operating across the whole lifecycle from strategy to operational delivery & outsourcing

• At the vanguard of thought leadership on Shared Services, deploying Intelligent Enterprise tools in HMRC

• Intimately involved with designing & developing key components of the central government technical architecture on which modern citizen-centric services will be delivered

UBS| Global Software & IT Services Conference March 2006

Our collaborative approach adds value through leveraging a comprehensive portfolio of Alliances

UBS| Global Software & IT Services Conference March 2006

Our aim is to deliver higher value for our clients by consistently providing advice based on leading thinking and harnessing our access to leading thinkers.

Our aim is to deliver higher value for our clients by consistently providing advice based on leading thinking and harnessing our access to leading thinkers.

Objectives – Creating value through

innovation

Raise awareness of critical trendsCreate opportunities to explore relevance to clients’ businessesSimplify access to leading thinkers in academiaEnsure advice draws on best thinking within and outside Capgemini

Trends•Globalisation•Sustainability•Collaboration

•Risk Management

Confidence that immediate solutions are based on solid long term foundationsBringing new insights to difficult challengesDrive forward new thinking in close partnership with clients and academia

Outcomes – Delivering sustainable business

advantage

Research and Innovation – at the heart of creating new value for our customers

George Yip, formerlyProfessor of Strategic and International

Management at London Business School

UBS| Global Software & IT Services Conference March 2006

Capgemini 2006 and beyond

Capgemini is a major force in the Public Sector and in our focused Private Sector markets

The integrated model of Consultancy/ Technology/ Outsourcing is a proven success

RightshoreTM is fundamental to our Technology business

Capgemini is increasingly front of mind with leading CIO’s

Capgemini is back – growing ahead of the market, profitable & cash positive

Our passion is to deliver sustainable business results to our customers