SOURCE: CEGEDIM

November 14, 2008 12:37 ET

CEGEDIM : Quarterly Financial Information at 30 September 2008

PARIS--(Marketwire - November 14, 2008) - Paris, 14 November 2008 - Cegedim, the world leader in Customer Relationship Management (CRM) for the pharmaceutical industry, announces consolidated revenues of EUR 607 million for the first nine months of 2008, a 16 % increase. The increase in revenues for continuing operations at constant exchange rates (*) came to 21 %.

Revenues were in line with Cegedim Group's expectations across the board, which confirms the outlook for FY 2008 despite more difficult economic conditions. These estimates are notably strengthened by the balance in the geographic breakdown of revenues, the positive impact of the Dendrite acquisition, the fact that the fourth quarter is always strong, and the healthcare sector's historically defensive aspect.

9 months 2008 consolidated revenues (not audited)

+-------------------------+--------+--------+-------+--------------------+
|Revenues (EUR  thousands)|  2008  |  2007  | Change|2008 at constant    |
|for the first 9 months   |        |        |       |consolidated scope  |
|                         |        |        |       |and exchange rates  |
|                         |        |        |       |(*)                 |
+-------------------------+--------+--------+-------+--------------------+
|CRM and strategic data   | 350,240| 312,838| 12.0 %|             362,565|
+-------------------------+--------+--------+-------+--------------------+
|Healthcare professionals | 179,795| 137,703| 30.6 %|             186,269|
+-------------------------+--------+--------+-------+--------------------+
|Insurance and services   |  76,945|  74,308|  3.6 %|              73,296|
+-------------------------+--------+--------+-------+--------------------+
|Total revenues           | 606,980| 524,849| 15.6 %|             622,130|
+-------------------------+--------+--------+-------+--------------------+

+-------------------------+--------------------+--------------------+
|Revenues (EUR  thousands)|2007 at constant    |Organic growth at   |
|for the first 9 months   |consolidated scope  |constant exchange   |
|                         |and exchange rates  |rates (*)           |
|                         |(*)                 |                    |
+-------------------------+--------------------+--------------------+
|CRM and strategic data   |             304,537|              19.1 %|
+-------------------------+--------------------+--------------------+
|Healthcare professionals |             137,703|              35.3 %|
+-------------------------+--------------------+--------------------+
|Insurance and services   |              71,463|               2.6 %|
+-------------------------+--------------------+--------------------+
|Total revenues           |             513,703|              21.1 %|
+-------------------------+--------------------+--------------------+
+---------------+--------+--------+-------+
| First quarter | 189,827| 136,050| 39.5 %|
+---------------+--------+--------+-------+
| Second quarter| 227,945| 197,090| 15.7 %|
+---------------+--------+--------+-------+
| Third quarter | 189,208| 191,708| -1.3 %|
+---------------+--------+--------+-------+
+---------------+--------+--------+-------+
Note: as a result of the sector reorganization initiated 30 June, revenues of the former "Technology and services" sector are now split among the Group's three historical sectors. 2007 and 2008 figures have been restated. For 2008, the impact is EUR 9m on the first sector, EUR 41m on the second and EUR 9m on the third.

(*) As a reminder, like-for-like growth is not restated for Dendrite's activities, which were acquired in May 2007 and whose impact on the "CRM and strategic data" sector is no longer distinguishable due to intervening mergers.

Third-quarter revenues came to EUR 189 million, down a slight 1.3 %, nearly offsetting a strongly unfavorable currency effect and the expected downturn in business from Cegedim's biggest US client.

"CRM and strategic data" revenues rose 12 %, boosted by the excellent performance of healthcare sector market research, the good reception of Dendrite products in Europe (Mobile Intelligence) and its global presence. The increase in sales for continuing operations at constant exchange rates (*) came to 19 %, and the currency impact was EUR 13.8 million.

The "Healthcare Professionals" sector confirmed its strong momentum, with nine-month revenues up 31 %. The pharmacist, physician and paramedic software publishing business generated nice gains by continuing its European development, principally in the UK, Belgium, Spain and Italy. The increase in sales for continuing operations at constant exchange rates came to 35 %, and the currency impact was EUR 7.5 million. Cegelease also contributed heavily to this sector's growth.

Revenues in the "Insurance services" sector rose by 4 % after a 1 % decline in the first half. This rebound is proof of the soundness of investments in the sector and the acquisitions in computerization for insurers and mutual health insurers, as well as in data flow management.

Cegedim operates in the healthcare field, a historically defensive sector. However, to counter the repercussions of the current financial crisis, which will only marginally affect the Group, Cegedim has decided to ratchet up the restructuring and integration plan it initiated following the acquisition of Dendrite, and to limit its investments. Thus, the company's top priorities now are generating free cash flow, cutting costs and reducing debt.

Important events and transactions in Q3 2008

The Group continues to make targeted acquisitions, including the July acquisition of Reportive. The move expands Cegedim Group's expertise in the field of performance management software.

Financial situation and Q3 2008 results

The third-quarter operating margin from ordinary operations is in line with Cegedim Group's full-year estimates.

The trend in net debt is in line with the forecasts made at the time of Dendrite Group acquisition in May 2007.

2008 outlook

Cegedim Group is maintaining its 2008 guidance: with revenues between EUR 840m and EUR 850m and an operating margin in line with 2007. For the avoidance of doubt, it excludes exceptional charges (IFRS) and restructuring and integration costs.

Calendar

Fourth-quarter 2008 revenues will be announced during the week of 9-13 February 2009.

About Cegedim:

Founded in 1969, Cegedim is a global technology and services company specializing in the healthcare field. Cegedim supplies services, technological tools, specialized software, data flow management services and databases. Its offerings are targeted notably at healthcare industries, pharmaceutical companies, healthcare professionals and insurance companies.

The world leader in pharmaceutical CRM, Cegedim is also one of the leading suppliers of strategic healthcare industry data. Cegedim employs more than 8,000 people in 80 countries and generated revenue of EUR 753 million in 2007. To learn more, please visit our website: www.cegedim.com

Listed on NYSE Euronext Paris, compartment B - ISIN FR0000053506 - Reuters CGDM.PA - Bloomberg CGM

+-------------------------+--------------------+
|Media inquiries          |Investor relations  |
+-------------------------+--------------------+
|Cegedim                  |             Cegedim|
+-------------------------+--------------------+
|Aude Balleydier          |Jan Eryk Umiastowski|
+-------------------------+--------------------+
|Sylvie Delangle          |Tel: + 33 (0)1 49 09|
|                         |33 36               |
+-------------------------+--------------------+
|Media Relations          |investor.relations@c|
|                         |egedim.fr           |
+-------------------------+--------------------+
|Tel: + 33 (0)1 49 09 68  |                    |
|81                       |                    |
+-------------------------+--------------------+
|sylvie.delangle@cegedim.f|                    |
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|Guillaume de Chamisso    |                    |
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|Attaché de Presse        |                    |
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|Tel: + 33 (0)1 77 35 60  |                    |
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+-------------------------+--------------------+
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