FOR IMMEDIATE RELEASE. Financial results for the first quarter 2001

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1 FOR IMMEDIATE RELEASE Financial results for the first quarter 2001 Global Graphics SA (Nasdaq Europe: GLGR, Euronext: GLOG) reports results, showing strongest sales quarter ever for the Hardware Division. Pompey, France April 26, 2001 Contacts: The Company is amortizing purchased goodwill and purchased intangibles at a fast pace, over periods principally ranging between 3 to 5 years, resulting in significant amortization expenses in the periods following acquisitions. Total amortization for the first quarter was Euro 3.6 million, for both unallocated goodwill and intangible assets (excluding the effect of deferred tax on it). Comments on profitability for the Company and each operating division mentioned in this press release are excluding the impact of these amortization expenses on results. EBITA is defined as Earnings Before Interest, Tax and intangibles Amortization. Current net income is pro forma income computed by adding back to the reported net income amortization expenses for intangible assets and unallocated goodwill, net of deferred tax impact on these, when applicable, as well as one-off costs. Johan Volckaerts, CEO/Global Graphics Tel: Alain Pronost, CFO/Global Graphics Tel: Total sales were Euro 26.3 million, an increase of 17% over Q Current earnings per share for this quarter were Euro 0.23, slightly in excess of the Euro 0.22 per share made in Q1 2000, and increased quite sharply in absolute value to Euro 2.3 million, an increase of 12% with Q Hardware sales were Euro 18.9 million, versus Euro 17.0 million in Q1 2000, an increase of 11%. Printing software sales reached Euro 7.0 million, versus Euro 5.3 million in Q (+32%). Xanalys had revenues of Euro 0.4 million for this quarter, and lost Euro 0.6 million (Euro 0.06 current earnings per share). Excluding Xanalys, Global Graphics earned Euro 0.29 per share in the quarter, versus Euro 0.25 in Q Comments by division Hardware Hardware had the best quarter ever in terms of sales, despite the fact that no Cirrus 2 sales were recorded (shipments start in Q2 2001). Due to unfavorable product mix and internal reorganization, EBITA margin was lower than in Q at 6.5 %. The target to reach 15% EBITA by Q is still maintained, through manpower reductions, product cost improvements and sales price increases. Printing Software Revenues in the first quarter were strong at Euro 7.0 million, in a quarter which traditionally is the weakest together with the third one. Major contracts and alliances were concluded during the quarter and the first weeks of April with Motorola, Destiny, Monotype and NoOffice, in addition to several smaller ones. More contracts of similar importance are in the pipeline.

2 Xanalys Xanalys had low revenues in the quarter at Euro 0.4 million. As with so many other specialized software providers, Xanalys has been hit by the current economic conditions. To introduce the company and products to government agencies and large corporate customers and to establish a presence with them takes a long time, and the decision and sales cycle of such customers is longer than had been originally anticipated. However, Xanalys is succeeding in building a network of distributors and partners. Just in the past few months, exclusive teaming agreements with several large systems integrators and technology providers in the UK and USA have been signed. In Germany, agreements with two distributors and a VAR were concluded, who will extend Xanalys' reach and presence in the law enforcement, government and financial services markets. Commenting on the outlook, Johan Volckaerts, Chairman and CEO said: "The first quarter was excellent both in terms of sales and earnings per share (excluding Xanalys) and we are glad that our business so far has not suffered from the economic downturn, despite our reliance on the US market for 40% of our sales. Xanalys has some strong quarters ahead mainly because of revenues to be recorded under the contract with the Ministry of Justice of the Province of Ontario in Canada and we still plan to be close to break-even for the year. For both our hardware and software businesses, mid-term visibility has however become much poorer recently, as our major OEM customers have become unable to reliably forecast future demand". Global Graphics ( is a leading, worldwide supplier of printing, electronic document and workflow software and pre-press hardware, principally to a customer base of Original Equipment Manufacturers (OEMs). Its subsidiary, Xanalys, is active in Information and Knowledge Management software. This press release contains, in addition to historical information, forward-looking statements that involve risks and uncertainties. These include statements regarding the Company s growth and expansion plans and expected results for future periods. Such statements are based on management s current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forwardlooking statements. INCOME STATEMENTS First Quarter (Euro'000 except share data) Unaudited Unaudited Net sales 26,356 22,577 Cost of sales * 16,008 13,289 GROSS PROFIT 10,344 9,288 Selling expenses 2,365 1,798 General and administrative expenses 2,294 2,659 Technical services expenses R & D expenses 2,845 2,394 Write off of purchased in-process R&D 0 0 Purchased intangibles amort. expenses 1,217 1,286 Total operating expenses 9,483 8,508 EBIT

3 EBITA (EBIT before intangible amort.) 3,329 2,767 Unallocated goodwill amort. exp. (1,189) (909) Income (loss) in equity of affiliates 0 0 Financial income Financial expenses (501) (864) Other income Other expenses (2) (7) INCOME (LOSS) BEFORE INCOME TAX (755) (954) Income tax expense (profit) 130 (735) Minority Interest 0 0 NET INCOME (LOSS) (885) (219) Net income (loss) per share ** (0.09) (0.03) CURRENT NET INCOME (LOSS) *** 2,299 2,057 Current net income (loss) per share** Notes: * Cost of sales includes purchased intangible assets amortization expense for a total of Euro 1,251,000 for Q1/2001 and Euro 701,000 for Q1/2000. ** Earnings per share are calculated using the average number of shares outstanding during the respective periods (9,990,195 shares for Q1/2001). *** Current income after tax is defined as net income (after income tax and minority interests), to which are added back amortization expenses on purchased intangible assets (net of related deferred tax when applicable, for Euro 473,000 in Q1/2001) and also on unallocated goodwill as well as one-off expenses for the period (none in Q1/2001), if required. INCOME STATEMENT PER SEGMENT OF BUSINESS Quarter ended March 31, 2001 (Euro'000 except share data) Hardware Printing Software Xanalys Total Group Net sales 18,937 7, ,352 Cost of sales * 14,594 1, ,008 GROSS PROFIT 4,343 5, ,344 Selling expenses 872 1, ,365 General and administrative expenses 1, ,294 Technical services expenses R & D expenses 845 1, ,845 Write off of purchased in-process R&D Purchased intangibles amort. expense 50 1, ,217 Total operating expenses 3,282 4,932 1,269 9,483 EBIT 1, (933) 861 EBITA (EBIT before intangible amort.) 1,226 2,918 (815) 3,329 Unallocated goodwill amort. exp. (337) (852) 0 (1,189)

4 Income (loss) in equity of affiliates Financial income Financial expenses (285) (160) (56) (501) Other income Other expenses INCOME (LOSS) BEFORE INCOME TAX 513 (279) (989) (755) Income tax expense (benefit) (299) 130 Minority Interest NET INCOME (LOSS) 362 (557) (690) (885) Net income per share ** 0.04 (0.06) (0.07) (0.09) CURRENT NET INCOME (LOSS) *** 815 2,104 (619) 2,299 Current net income (loss) per share** (0.06) 0.23 Notes: * Cost of sales includes purchased intangible assets amortization expense for a total of Euro 1,251,000 in this quarter of which : Euro 115,000 for hardware, Euro 1,091,000 for printing software and Euro 45,000 for Xanalys. ** Earnings per share are calculated using the average number of shares outstanding during this quarter, i.e. 9,990,195 shares, following the issue of 590,195 new shares on October 23, BALANCE SHEETS March 31 Dec. 31 (Euro'000) 2001 Unaudited ASSETS CURRENT ASSETS 2000 Audited Cash and cash equivalents 4,744 5,426 Accounts receivable, net 19,794 16,577 Inventories, net 16,994 18,031 Prepaid expenses 2,026 1,361 Deferred income taxes, net 5,470 4,741 Other current assets, net 1,987 1,595 TOTAL CURRENT ASSETS 51,015 47,731 PROPERTY, PLANT & EQUIPMENT, net 11,729 11,703 OTHER ASSETS, net 1,690 1,574 INVESTMENTS, net PURCHASED INTANGIBLE ASSETS, net 41,489 43,671 UNALLOCATED GOODWILL, net 29,143 30,197 TOTAL ASSETS 135, ,915 LIABILITIES & STOCKHOLDERS'EQUITY CURRENT LIABILITIES Current portion of long term debt 10,395 9,979 Overdrafts 10,096 7,736 Accounts payable 10,328 11,774 Accrued liabilities 9,877 9,134 Customer advances & deferred revenue 3,653 3,773 TOTAL CURRENT LIABILITIES 44,349 42,396

5 LONG-TERM LIABILITIES Long-term debt (net of current portion) 12,845 14,402 Deferred income taxes 6,550 6,634 Employee benefit plans Other long-term liabilities TOTAL LONG-TERM LIABILITIES 19,549 21,207 MINORITY INTERESTS 0 0 TOTAL LIABILITIES & MINORITY INTERESTS 63,898 63,603 SHAREHOLDERS EQUITY Share capital 3,996 3,996 Share premium 72,429 72,429 Add. paid-in capital on stock comp Retained earnings (3,498) (2,613 ) Deferred stock compensation (150) (127) Foreign currency translation adj. (1,912) (2,714) TOTAL SHAREHOLDERS' EQUITY 71,206 71,312 TOTAL LIABILITIES AND EQUITY 135, ,915 CASH FLOW STATEMENTS (Euro'000) Quarter ended March Unaudited Year ended Dec. 31, 2000 Audited Net cash provided (used) by operating activities (1,242) (4,292) Net cash provided (used) by investing activities (621) (37,864) Net cash provided (used) by financing activities 1,181 44,925 Net increase (decrease)in cash & cash equivalents (682) 2,769 Cash & cash equivalents at beginning of period 5,426 2,657 Cash & cash equivalents at end of period 4,744 5,426 Movements on the cash flow statement above have been translated into euros using the actual exchange rates prevailing at the time of the respective transactions and, accordingly, may not always correspond with the corresponding balances reflected in the balance sheets at the end of indicated periods.

FOR IMMEDIATE RELEASE. Global Graphics reports third quarter 2001 results.

FOR IMMEDIATE RELEASE. Global Graphics reports third quarter 2001 results. FOR IMMEDIATE RELEASE Global Graphics reports third quarter 2001 results. GLOBAL GRAPHICS S.A. (NASDAQ Europe: GLGR, Euronext: GLOG) announces financial results for the third quarter 2001 Pompey, France