Temenos is promoted to the SMIM index in Switzerland

09 July 2008

GENEVA, Switzerland, 9 July 2008 - Temenos Group (SWX: TEMN), a market leading provider of mission-critical core banking software systems, today announced that it had been promoted to the SMIM (SMI-Mid) index on the Swiss Stock Market in Zurich.

The SMIM contains the 30 largest, most liquid stocks listed on the Swiss Exchange outside of the blue-chip SMI index, which has 20 constituents. The selection criteria are the same for both the SMIM and SMI - that is, market capitalisation and volume – and the reference period for selection was July 2007 to June 2008 (over which time Temenos saw an 8% increase in its share price and daily average traded volumes of around 375,000 shares).

The SMIM index will be adjusted on 19 September 2008 after closing and the adjustments take effect on 22 September 2008. A full list of adjustments to the SMIM and other indices can be obtained from the Swiss Stock Market website www.swx.com

Commenting on the news, Temenos Chief Executive Andreas Andreades said, “We are very pleased to enter the SMIM index. Apart from the likely positive impact on liquidity from promotion, entry to the index will raise the profile of Temenos. Temenos has grown very quickly over the last few years and this represents another step in the group’s evolution.”

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About Temenos

Founded in 1993 and listed on the Swiss Stock Exchange (SWX: TEMN), Temenos Group AG is a global provider of banking software systems in the Retail, Corporate & Correspondent, Universal, Private, Islamic and Microfinance & Community banking markets. Headquartered in Geneva with 44 offices worldwide, Temenos serves over 600 customers in more than 120 countries.

Temenos’ software products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos’ experience in over 600 implementations around the globe.

Temenos’ advanced and automated implementation approach, provided by its strong Client Services organisation, ensures efficient and low-risk core banking platform migrations. Temenos annually invests around 20% in R&D, significantly more than its peers, into a single fully packaged upgradeable software release, which ensures all Temenos customers benefit from modern technology and support indefinitely.

For more information please visit www.temenos.com

For more information about Temenos, please 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
Tel: +44 (0) 207 290 3012
Email: brobinson@temenos.com

James White
Hudson Sandler
Tel: +44 (0) 20 7710 8910
Email: james.white@hudsonsandler.com

Contact Us

Press enquiries

Petra Shuttlewood pshuttlewood@temenos.com
Tel: +44 (0) 207 423 3751

Evelina Amanatidou
Team 660, Metia for Temenos
evelina@metia.com
Tel: +44 (0) 20 3100 3592 

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