The aim of the transaction is to accelerate growth at this promising company, whose success hinges on the calibre and commitment of its key managers. For its part, Edipresse will continue to support the company's development and will provide part of the funds necessary for expansion.

Under the terms of the agreement, a new company called Infotec Holding SA will be created and will take over 100% of the share capital of the entity Infotec SA, which until now belonged to Edipresse.

Infotec Holding SA will belong 40% to Edipresse and 60% to the management. The acquisition of Infotec SA will be funded through Edipresse granting a loan convertible into capital of Infotec Holding SA.

Taking into account all relevant impacts, this transaction will have a neutral impact on Edipresse's financial statements and will not materially change previous group forecasts in respect of financial years 2003 and 2004.

Edipresse also benefits from certain other additional rights, which will allow it to fully profit from the future success of the company.

Infotec is a Swiss company which is based in Geneva. It provides, at very competitive rates, quality information for financial market professionals.

Contact us

For further information:

Robert Jeanbart, General Manager, Infotec
Quai du Seujet 10, CH-1201 Geneva
Tel. +41 (0)22 715 44 33, Fax +41 (0)22 715 44 11
robert.jeanbart@infotecnet.com, http://www.infotecnet.com

Jean-Claude Marchand, Chief Operating Officer, Edipresse Group
Av. de la Gare 33, CH-1001 Lausanne
Tel. +41 (0)21 349 45 02, Fax +41 (0)21 349 45 40
Email, http://www.edipresse.com