2011 First Quarter Revenues

2011 First Quarter Revenues
Paris, May 5, 2011
Solid growth entering 2011, ahead of expectations

A strong Q1 growth
14.5% reported growth in Q1, 12.2% growth at constant currency and 6.4% organically A renewed momentum across the board, positive growth in all activities o +8% YoY in most cyclical activities, Consulting, Technology and Local Professional Services o +3.8% YoY in Outsourcing Services Dynamism in North America with double-digit growth of +10.2% YoY including +21.6% in P&C activities A booming Financial Services unit with very high growth rate for the third consecutive quarter o +.21.8% organic growth of which +38.2% in North America
A steady pace maintained in implementing our acquisition strategy

BI Consulting Group acquired in North America following the acquisition of Avantias in France in the Business Information Management area
Positive headcount evolution with recruitment both onshore and offshore

110,000+ employee mark passed at Group level, 40,000 people bar offshore passed at the end of March A higher recruiting run rate compared to 2010 with close to 9,000 new recruits over the quarter, including 55% offshore o Over 900 recruits in France, around 1,300 people recruited by Sogeti and over 230 people by Consulting services Onshore recruitments starting more slowly than expected
A buyers market, with lack of price rebound in some regions

Strong Q1 signings with +12.5% bookings YoY in most sensitive activities (Consulting, Technology and Local Services) Prices decrease in Technology services in the UK and in the Netherlands Price resistance to be overcome with new offers including pay-per-use and value based prices models
Financial analysts Meeting
2011 Capgemini. All rights reserved
Revenues Quarterly Evolution

2400 2200
2052
in M
2159 2105
2381
2350
2000 1800 1600 1400
Q1 10
Q2 10
Q3 2010 2 105 - 2.5%
Q3 10
Q4 2010 2 381 13.1%
Q4 10
H2 2010 4 486
Q1 11
FY 2010 8 697 Q1 2011 2 350 -1.3% -1.7%
Q1 2010
Q2 2010 2 159 5.2%
H1 2010 4 211
M (Published)
Sequential Current Growth Sequential Constant Currency Growth Sequential Organic Growth Year-on-Year Current Growth Year-on-Year Constant Currency Growth Year-on-Year Organic Growth
2 052
2.0%
- 0.7%
7.4%
- 2.2% 14.5% 12.2% 6.4%

Q1 2011 Revenue Growth by Business

Business Process Outsourcing Infrastructure Services
Organic Sequential Q1 11 / Q4 10
Consulting Services Technology Services Local Professional Services
Consulting Services
3.8% 5.9% 17.7% 41.3% 16.4%

Local Professional Services
Year on year Q1 11 / Q1 10
1.2% 9.5% 6.7%
Application Management
14.9%
10.8% - 3.0% 2.6%
CS / TS / LPS
- 0.5%
- 1.7% - 9.7% 7.1%
8.0%
- 3.8% 7.2% 23.2%
Technology Services
Infrastructure Services
Business Process Outsourcing
Outsourcing Services
TOTAL GROUP
- 5.0%
3.8%
- 2.2%
6.4%
Q1 2011 Revenues by Main Geography

Rest of Europe, Asia & Latin America North America
Average FX Q1 10 Q1 11
25.5%
18.0% 20.4%
$ / Euro / Euro
0.7228 1.1277
0.7318 1.1720
UK & Ireland
Current Organic
Sequential Year on year
22.3%
France
13.8%
Q1 2010
Current (in M)
Q4 2010 Q1 2011
Sequential
Year on year
Q1 11/ Q4 10 0.4% 1.4%
Q1 11/ Q1 10 14.2% 7.4%
Q1 11/ Q4 10 0.7% 1.4%
Q1 11/ Q1 10 10.2% 7.4%
Benelux
North America France UK & Ireland Benelux Rest of Europe, Asia & Latin America
371 488 453 318 422
422 517 497 347 598
424 524 479 323 600
- 3.7%
- 6.7% 0.3%
5.7%
1.7% 42.1%
- 4.4%
- 6.7% - 2.8%
0.2%
0.0% 12.3%
TOTAL
2 052
2 381
2 350
- 1.3%
14.5%
- 2.2%
6.4%

Q1 2011 Revenues by Sector

Customer Products, Retail, Distribution & Transportation Energy, Utilities & Chemicals
12.6%
Manufacturing
10.9%
Financial Services
17.5%
20.2% 4.7%
Others
Telecom, Media & Entertainment
9.1% 25.0%
At budget rates and constant perimeter

Financial Services Energy, Utilities & Chemicals Manufacturing Customer Products, Retail, Distribution & Transportation Public Sector Telecom, Media & Entertainment Others
Q1 2011 / Q1 2010 Revenues
11.2% 4.7% - 0.8% 14.4% 0.3% 21.0% 20.3%
Public Sector
Total
6.4%
Headcount Evolution
Headcount as of Dec. 31, 2010
Recruits * Acquisitions / Outsourcing Deals **
108 698
8 944 253 - 25 - 963 - 4 780
45% ONSHORE
Disposals
Layoffs Leavers
Headcount as of March 31, 2011
112 127
Annualized Attrition Consulting Services Technology Services Outsourcing Services Local Professional Services Dec. 10 21.9% 16.7% 15.5% 15.0% Mar. 11 21.1% 16.8% 17.2% 17.4% Mar. vs Dec. -0.8 pts 0.1 pts 1.7 pts 2.4 pts
(*) out of which :
1 096 4 185 699 204
in Sogeti (excl. India) in India in other offshore locations Nokia Siemens Network deal
(**) out of which :
Total Disciplines
16.1%
17.1%
1.0 pts

Utilization Rates
90
Consulting Services
Technology Services (*)
83 81
83
83
82
80
80
79
78
79
79
71
71 67 68 66
70
60
50
Q1
Q2
Q3 2010
Q4
Q1 2011
Q1
Q2
Q3 2010
Q4
Q1 2011
Q1
Q2
Q3 2010
Q4
Q1 2011
At constant perimeter
(*) Excluding CPM Braxis 2011 First Quarter Revenues

Charge-Out Rates
1350 1300 1250 1200
Consulting Services
1 144 1 167 1 124 1 188 1 148
At budget rates and constant perimeter
1150 1100 1050 1000
2010
Q1 2011
600

550
Technology Services (incl. Offshore) *
500
479
482
479
489
480
550
500
450
454 430 411 422 409
450
400
400
350
350
2010
Q1 2011
* Excl. CPM Braxis
2010
Q1 2011
Bookings Evolution
M
4 000 3 500 3 000 2 500 2 000 1 500 1 000 500 0 1 450 1 774 1 828 1 326 1 631 Consulting/Technology/Local Professional Services Outsourcing
3 044 2 299 2 424
2 970
2 422
1 270 849 1 098
1 142 791
Q1 10
Q2 10
Q3 10
Q4 10
Q1 11
At budget rates & constant perimeter

10
Q1 2011 Book-to-Bill Evolution
Consulting / Technology / Local Professional Services
M
Bookings North America Rest of the world TOTAL At budget rates Revenues Book-to-bill ratio
380 1 251 1 631
276 1 214 1 490
1,38 1,03 1,09

11
Major wins since January
Capgemini Consulting
Technology Services
Outsourcing Services
BMW Bank, Germany (CPRD) Eurizon Vita Spa, Italy (Financial services) Transport New South Wales, Australia (Public)
Accoss, France (Public) Dfs Deutsche Flugsicherung, Germany (CPRD) Fairpoint, North America (TME)
UWV, the Netherlands (Public) Tullihallitus, Finland (Public) Sequana, France (MALS) Esure, the UK (Financial services) Statoil, Norway (EUC)
Marine Well Containment Company, North America (EUC)

12

Back-up
Paris, May 5, 2011
Q1 2011 Revenues by Geography

Current Organic
Year on year Year on year
Current
M North America Europe & Asia of which : Q1 2010 Q4 2010 Q1 2011
Sequential
Sequential
Q1 11 / Q4 10 0.4% - 1.7%
Q1 11 / Q1 10 14.2% 14.6%
Q1 11 / Q4 10 0.7% - 2.8%
Q1 11 / Q1 10 10.2% 5.6%
371
1 681
France
422
1 959
424
1 926
488 453
318 116 136 130 40 2 052
517 497
347 249 154 135 60 2 381
524 479
323 225 158 157 60 2 350
1.4%
- 3.7% - 6.7% - 9.6% 2.5% 16.7% - 0.4% - 1.3%
7.4%
5.7% 1.7% 93.2% 16.6% 20.6% 50.2% 14.5%
1.4%
- 4.4% - 6.7% - 10.2% - 0.6% 6.3% - 0.4% - 2.2%
7.4%
0.2% 0.0% 14.1% 6.3% 8.4% 37.1% 6.4%
UK & Ireland Benelux Southern Europe & Latin America Nordic Germany & Central Europe Asia Pacific TOTAL

14
Q1 Revenues by Geography
Q1 2010
Southern Europe & Latin America France
Asia Pacific
2.0%
North America
Q1 2011
Southern Europe & Latin America France
Asia Pacific
8.9% 22.1%
17.4%
2.6% 9.5%
North America
21.6% 14.7% 6.7%

Nordic Countries UK & Ireland Germany & Central Europe
18.0% 20.4%
Germany & Central Europe
6.6%
22.3% 6.7% 13.8%

Benelux
Benelux
6.7%
Nordic Countries
UK & Ireland
At constant rates and perimeter

15
Q1 2010
Q1 Revenues by Business
Consulting Services
3.3% 6.2% 17.5% 40.1% 16.4%

Technology Services Local Professional Services Application Management Infrastructure Services
Q1 2011
Consulting Services
16.5%
3.8% 5.9% 17.7% 41.3% 16.4%

Local Professional Services Technology Services
14.9%
At constant rates and perimeter

16
Group Headcount by Discipline

Mar. 10 Jun. 10 Sep. 10 Dec. 10 Mar. 11
Mar. 11 / Mar. 10 Mar. 11 / Dec. 10
Consulting Services
3 757
3 719
3 424
3 654
3 400
-9.5%
-7.0%
Technology Services
41 282 11 542 8 901
44 271 11 475 9 099
47 850 11 884 9 350
51 453 16 164 8 564
50 577 17 792 10 566
22.5%
-1.7%
54.1%
10.1%
18.7%
23.4%
8 233
8 874
9 666
10 017
10 523
27.8%
5.1%
17 878
17 950
18 488
18 645
18 974
6.1%
1.8%
TOTAL GROUP(*)
91 792
95 586
100 856
108 698
112 127
22.2%
3.2%
(*) including not classified headcount

17
www.capgemini.com
The information contained in this presentation is proprietary. 2010 Capgemini. All rights reserved

2011 First Quarter Revenues

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2011 First Quarter Revenues

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2011 First Quarter Revenues

Paris, May 5, 2011

Solid growth entering 2011, ahead of expectations

A steady pace maintained in implementing our acquisition strategy

Positive headcount evolution with recruitment both onshore and offshore

A buyers market, with lack of price rebound in some regions

Revenues Quarterly Evolution

2000 1800 1600 1400

Q2 2010 2 159 5.2%

- 2.2% 14.5% 12.2% 6.4%

Q1 2011 Revenue Growth by Business

3.8% 5.9% 17.7% 41.3% 16.4%

10.8% - 3.0% 2.6%

Q1 2011 Revenues by Main Geography

Q1 11/ Q4 10 0.4% 1.4%

Q1 11/ Q1 10 14.2% 7.4%

Q1 11/ Q4 10 0.7% 1.4%

Q1 11/ Q1 10 10.2% 7.4%

371 488 453 318 422

422 517 497 347 598

424 524 479 323 600