SIA-SSB Group: 2008 Annual Report Approved

Milan - 26 May 2009

The ordinary general meeting of SIA-SSB shareholders, convened yesterday with Carlo Tresoldi as Chairman, approved the Annual Report at 31st December 2008.

The Group – made up of the parent company SIA-SSB, GBC, Kedrios, Perago, RA Computer, SiNSYS and TSP – closed the year 2008 showing stable revenues and value of production compared to the previous financial year and a strong growth in pre-tax profits and net profit.

The 2008 financial year – the first complete year following the merger between SIA S.p.A. (Società Interbancaria per l’Automazione) and SSB S.p.A. (Società per i Servizi Bancari) in May 2007 – was characterized by the continuing integration and rationalization activities aimed at improving corporate efficiency, and by the ever greater internationalization of the company thanks to a strong business expansion drive, especially in foreign markets.

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