Temenos Analyst & Investor Day

TEMENOS Analyst & Investor Day 
On the 26th of November 2003, TEMENOS held an Investor & Analyst day at their London offices. This was a very well received event confirming the success of our previous gathering in February this year. We welcomed over 35 attendees with whom we shared our strategy for 2004 as well as a review of the year so far.

Several points were discussed with the Investors & Analysts, including:

• George Koukis, Chairman, welcomed the attendees, Heinz Scheiwiller from Schroders and Octavio Marenzi from Celent
• Andreas Andreades, CEO, presented the TEMENOS strategy for 2004 and beyond. He also confirmed the financial results for the year:
  revenues of USD 145 million,
  EBIT of USD 10 million,
  EBITDA of USD 25 million,
  signings of USD 50 to 60 million
  Finally, he added that this quarter so far the company has assigned approximately USD 15 million of signings.
• Senior Management presented overviews of TEMENOS’s business in the US, its financial performance and forecast as well as the technology advantages of TEMENOS T24

In addition, we also had the great pleasure to listen to Mr Heinz Scheiwiller, Deputy CEO of Schroders & Co Bank AG, Zurich; on his experience of implementing TEMENOS T24. This was a very powerful testimonial, which highlighted the benefits of the system.

The session also included a presentation by Octavio Marenzi, CEO of Celent; who described the key trends in the core systems replacement market. This highlighted that the current technological environment is ripe for change and that growth is expected to accelerate in the future.

The presentations generated much interest and questions, and TEMENOS committs to continue communicating regularly with Investors & Analysts.

For more information on this event, please contact Max Chuard, Director Corporate Finance & Investor Relations at mchuard@temenos.com.

-ENDS-

About Temenos
Founded in 1993, Temenos Group AG is a provider of integrated modular core banking systems to over 590 financial institutions in 110 countries worldwide. Temenos software provides banks with a single, real-time view of the client across the enterprise, enabling banks to maximize returns while streamlining costs. Whether providing 24/7 functionality to the wholesale, retail and private or universal banking sectors, partnering with central banks on core system replacement, or working with the World Bank on solutions for the emerging markets, Temenos knows banking. The company has a transparent approach to its operations and brings to bear its experience, expertise, commitment and professionalism on every project. Headquartered in Geneva, Switzerland, the company has 43 offices in 33 countries and is listed on the main segment of the SWX Swiss Exchange (TEMN). For more information please visit www.temenos.com

For more information, contact:

Max Chuard
Temenos Director
Corporate Finance & IR
Member of the Executive Board
Tel: +41 (0) 22 708 1157
Email: mchuard@temenos.com

Ben Robinson
Temenos Investor Relations Manager
Tel: +44 (0) 207 290 3012
Email: brobinson@temenos.com

Bianca Morgan
Temenos PR Manager
Tel: +44 (0) 207 423 3751
Email: bmorgan@temenos.com

Chris Patmore
Team 660
Metia for TEMENOS
Tel: +44 (0) 20 3100 3596
Email: chris.patmore@metia.com