Temenos statement
20 April 2006
GENEVA, Switzerland - 20 April, 2006 – Today, the SWX Swiss Exchange issued a media release, announcing that it is investigating TEMENOS (SWX: TEMN) for a possible breach of Article 74a of the listing rules (disclosure of management transactions) relating to compliance with reporting deadlines. This relates to a sale of 10,000 TEMENOS shares by a member of the company’s management team, which took place on 15 March 2006 and was only reported to the SWX on 3 April 2006 instead of 17 March 2006. TEMENOS has since reviewed and strengthened its internal processes for reporting management transactions in TEMENOS stock in accordance with Article 74a to ensure timely reporting and compliance.
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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