PARROT. Pro forma net income (1) over the first nine months of 2006: 11.3 million euros.

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1 PARROT Pro forma revenues for Q3 2006: 41.5 million euros, up % on Q Over the first nine months of 2006, revenues totaled million euros. Pro forma operating margin (1) over the first nine months of 2006: 14.4%, representing an improvement of 0.3 points in relation to the first six months of the year. Pro forma net income (1) over the first nine months of 2006: 11.3 million euros. Third quarter of 2006 marked by: - The strengthening of the Plug & Play range, with the Parrot MINIKIT, - The launch of the first two products from the new Home range, with the Parrot PHOTOVIEWER and the Parrot SOUND SYSTEM. Highlights of Q4 2006: - Average weighted price down by 8% over the year, in line with the Group's pricing policy, - Launch of a new Home range product, and listing of the Parrot MK 6000, - First impacts of the marketing strategy being rolled out in Europe: strong development of trade marketing operations. Objectives for 2006 maintained: - Pro forma annual revenue growth: % - Pro forma annual operating margin*: >11.5% 000,000, pro forma, excluding net EPS Q (IFRS) 9 months 2006 (IFRS) 2005 (IFRS) Revenues Gross operating margin % of revenues 48.5% 44.2% 44.5% EBIT (1) % of revenues 15.1% 14.4% 15.0% Non-recurring expenses Net income (Group share) % of revenues 10.2% 4.2% 9.5% Net earnings per share (1) Diluted net earnings per share (1) Net earnings per share Diluted net earnings per share (1) Excluding non-recurring stock option allocation expenses linked to the capital restructuring program

2 September was marked by the successful release of three new products, with two launching our Home range of Bluetooth accessories. We are still taking a cautious approach in terms of our full-year objectives for Indeed, the fourth quarter will reflect the voluntary reduction in our annual sales prices as well as the first field marketing operations carried out in several European countries, explains Henri Seydoux, Parrot s Chairman and CEO. Third-quarter growth: business still strong In Q3 2006, Parrot generated 41.5 million euros in revenues, up 104.1% on Q3 2005, while the Group has successfully launched the first two products from its new Home range: the Parrot SOUND SYSTEM and the Parrot PHOTOVIEWER. At the same time, it has further strengthened its range of Plug & Play products, with the Parrot MINIKIT, whose sales have exceeded expectations. EBIT over nine months (1) Over the first nine months of 2006, pro forma EBIT (1) is up to 16.8 million euros, representing an operating margin (1) coming in at 14.4 %. Without taking into account the distribution contract for navigation products in Spain, the gross margin on all Parrot products came out at 50.3% over the first nine months of R&D costs represent 8.3% of revenues at September 30 th, 2006, compared with 7.4% over the first half of the year. Sales and marketing costs totaled 6.9 million euros, representing 16.6% of revenues, compared with 14.4% in H1 2006, in line with efforts to ramp up the new commercial strategy. After factoring in non-recurring stock option allocation expenses relating to the capital restructuring program (6.5 million euros), total EBIT came out at 10.3 million euros over the first nine months of the year. Net income over nine months (1) Over the first nine months of 2006, net income (Group share) (1) is up to 11.3 million euros. It includes million euros in financial expenses, linked primarily to exchange rate differences. The tax rate comes out at 30.2%, taking into account a 1.6 million euro research tax credit. Outlook for Q4 Over the fourth quarter of 2006, the Group s forecasts are as follows: Still aggressive pricing policy on all of its products From the beginning of October onwards, the Group has been rolling out its new pricing policy, applying an average weighted price reduction of 8%. The Group intends to maintain its price market maker position on its market. The impact on the gross margin is included in the Group's annual forecasts. First "field" results of the new marketing strategy The Group is planning several major "field" marketing operations, which will be rolled out on key regions in Europe. Launch of new products Lastly, in Q4 2006, Parrot aims to launch a new product from the Home range, and get the Parrot MK 6000 listed. (1) Excluding non-recurring stock option allocation expenses linked to the capital restructuring program

3 Annual objectives maintained for 2006 Pro forma revenues for 2006 are expected to be up by between 100 and 110%, while the pro forma operating margin - excluding non-recurring stock option allocation expenses relative to the capital restructuring program will come out at over 11.5%. Parrot will be publishing its annual results for 2006 (year ending December 31 st ) on February 14 th, ABOUT PARROT Founded in 1994, Parrot has rapidly established itself as a pivotal global player for wireless mobile telephone accessories. Drawing on its tried-and-tested expertise on voice recognition and signal processing technologies, Parrot was one of the very first companies to produce Bluetooth -based wireless handsfree car kits, having identified this standard s vast potential as early as In 2005, it sold some 865,000 units. Determined to accompany the mobile telephone s irresistible breakthrough into our day-to-day lives, Parrot has developed two new products in 2006: the PARROT PHOTO VIEWER, an LCD photo frame designed to display photos transmitted from a mobile telephone via Bluetooth, and the PARROT SOUND SYSTEM, a wireless hi-fi system with speakers linked up to one another using Bluetooth. Today, Parrot has a major international focus, both in terms of its client base, with 87.7% of sales generated outside of France, and in terms of its production, outsourced to carefully controlled and selected partners, enabling it to achieve the best possible level of quality and responsiveness. Parrot is now particularly well positioned to capitalize on the bright future opening up for mobile telephone devices. Parrot has achieved strong growth in its consolidated revenues, up from 29.2 million euros in 2004 to 62.5 million euros (80.9 million euros pro forma) in 2005.!"#

4 APPENDICES Breakdown of revenues by region France 9.2% UK 5.9% Netherlands and Belgium 5.0% Germany 5.0% Spain* 49.5% Italy 3.8% US 3.6% Rest of Europe 5.4% Rest of world 12.5% * Including business linked to the acquisition of Inpro Tecnología Breakdown of revenues by segment OEM 6.9% Installed kits 73.5% Plug & play 2.0% Other 17.6% Breakdown of gross margin by segment OEM 57.9% Installed kits 51.9% Plug & play 43.6% Other 6.8%

5 Pro forma income statement at September 30 th, Q months 2006 Revenues 41, ,426 Cost of sales -21,375-64,970 GROSS MARGIN 20,170 51,455 Gross margin as % of revenues 48.5% 44.2% Research and development costs -4,067-9,622 % of revenues -9.8% -8.3% Sales and marketing costs -6,914-16,885 % of revenues -16.6% -14.5% General costs -1,537-4,164 % of revenues -3.7% -3.6% Production / quality -1,397-3,981 % of revenues -3.4% -3.4% INCOME FROM ORDINARY OPERATIONS 6,256 16,803 Income from ordinary operations as % of revenues 15.1% 14.4% Other operating expenses 0-6,482 Other operating income 0 0 EBIT 6,256 10,321 EBIT as % of revenues 15.1% 8.9% Cost of net financial debt Other interest expenses and income Corporate income tax -1,969-4,899 EARNINGS FOR THE PERIOD (GROUP SHARE) 4,220 4,840 Earnings for the period (Group share) as % of revenues 10.2% 4.2% The Bluetooth word mark and logos are owned by the Bluetooth SIG, Inc. and any use of such marks by Parrot S.A. is under license. Other trademarks and trade names are those of their respective owners. Tous droits réservés. Les marques PARROT figurant sur ce document sont la propriété exclusive de la société PARROT. Toutes les autres marques sont la propriété de leurs détenteurs respectifs et sont utilisées sous licence par la société PARROT $%& %'&( ) *+,-./!$0!