Becoming a leading Software House in CEE

Paris, June 28-29, 2007 AGENDA  Basic Information

 Structure of the Group

 Financial Results

 Expansion in Central and Eastern Europe

 Appendix:

 Competences & Customer Landscape

 Major ongoing projects

 IT Market in & CEE Asseco Poland after the merger – Basic Info

ASSECO STOCK FIGURES (June 26, 2007) PLN m EUR m  Leader in IT solutions to the banking sector in Poland: the largest revenues from banks Market capitalization 4 040 1 054 and the largest sales of proprietary banking Free float 1 762 464 software (50% of Polish banks use Asseco software systems) Avg daily turnover 4.9 1.3  Asseco Slovakia – second largest Slovakian Shares outstanding 46 445 804 provider of IT solutions WSE Ticker ACP  Experience in implementation of large and sophisticated IT projects (e.g. the largest Reuters Ticker SOBK.WA projects in Poland in the banking sector) Stock is covered by 10 equity analysts  Long list of implementations in large Shareholder structure reputable banks & public institutions  Projects in several countries in Europe Free Float Prokom Software 44% 25%  Solid financial position (stable cash flow from long-term contracts), PLN 230m net cash position at the end of Q1’07. A.GÓRAL 17%

Pioneer Inv. Fund ING Inv. Fund 5% 8% Planned structure of the Asseco Group in 2007

ASSECO POLAND

51% SLOVANET ASSECO BUSINESS 67% ASSECO 51% SOLUTIONS 42% DATALOCK SLOVAKIA 55% LCS 55% 25% ASSECO 100% BERIT SYSTEMS 75% ASSECO CZECH REPUBLIC 51% NOVUM

65% 70% FIBa Software ASSECO ROMANIA 70% Net Consulting 55% ADH SOFT

65% ASSECO ADRIA ASSECO’S COMPANIES - POLAND

ASSECO POLAND ASSECO BUSINESS SOLUTIONS

SOFTWARE FOR BANKING & FINANCE SECTOR ERP systems, outsourcing, e-learning

No 1 in IT solutions to the banking sector No 2 ERP company in Poland

Employment: 1 140 Employment: 350

Consensus for 2007: revenues PLN 500m Target for 2007: revenues PLN 100m

(standalone) net profit PLN 80m net profit PLN 13m

IPO on WSE: Listed since 1998 IPO on WSE: September 2007

ASSECO SYSTEMS ADH SOFT

IT services, networks, hardware, BMS Software for leasing companies

Top ranked in integration & IT services in Poland 70% of leasing companies use ADH software

Employment: 350 Employment: 27

Target for 2007: revenues PLN 200m Target for 2007: revenues PLN 5m

net profit PLN 10m net profit PLN 0,8m

IPO on WSE: Q1 2008 3000 license sold, 90% of clients-international corp. ASSECO’S COMPANIES – CEE

ASSECO SLOVAKIA ASSECO CZECH REPUBLIC

Software for banking, finance & health sectors SOFTWARE & INTEGRATION

No 2 Slovakian provider of IT solutions Top ranked Czech IT company

Employment: 700 Employment: 680

Consensus for 2007: revenues PLN 300 m Target for 2007: revenues PLN 180 - 200m

(consolidated) net profit PLN 24 m net profit PLN 10 - 15m

IPO on WSE: Listed since 2006 IPO on WSE: Q4 2007

ASSECO ROMANIA ASSECO ADRIA

FIBa Software: software for banking sector Plan for Q3 2007: acquisition of 2-3 IT comp.

Net Consulting: integration & IT services Core business: software for banking sector

Employment: 120-200 Employment: 300 - 400

Target for 2007: revenues PLN 100 – 400 m Target for 2007: revenues PLN 100 - 130m net profit PLN 12 – 25 m net profit PLN 18 - 22m

IPO on WSE: Q2 2008 IPO on WSE: Q3 2008 Asseco Capital Group in Figures

REVENUES NET PROFIT

Asseco Poland (cons.) Asseco Poland (cons.)

Former Asseco Poland (cons.) Former Asseco Poland (cons.)

0% + 2 1 700 % GR 80 CA 1 462 R + 150 218 335 1 228 CAG 135 108 34 112 101 24 482 533 498 345 13 32 43

PLNm PLNm 10 2 10 2003 2004 2005 2006 2007C 2008C 2009C 2003 2004 2005 2006 2007C 2008C 2009C Source: 2003-2006 – former consolidated Softbank and Asseco results adjusted by one-offs; C – Consensus of the market forecast from 10 analysts SALES STRUCTURE BY SECTORS SALES STRUCTURE BY PRODUCTS Q1 2007 Q1 2007 Public TelCo 8% Administration Outsourcing 19% Proprietary Software Banks & Financial 15% & Services Institutions 43% 53%

Enterprises Integration & 28% Hardware 19% 15% Third Party Software & Services Detailed Figures & Ratios

PLN m 2003 2004 2005 2006 Q1’07 2007C Revenues 446 590 751 833 210 1 228 EBITDA 43 52 96 116 44 183 EBIT 17 39 82 92 37 155 Adj Net Profit 12 14 55 78 24 112 EBITDA margin 10% 9% 13% 14% 21% 15% Net margin 3% 2% 7% 9% 12% 9% EPS x 0.57 0.66 2.63 3.10 - 2.42 BVPS x 6.41 9.13 17.44 18.38 33.42 35.57 CAPEX 13 11 22 22 5 40 Acquisitions 33 39 67 65 6 200 Net Cash 71 11 89 173 229 30 CFO 12 -23 68 71 45 120 FCF 16 -28 211 219 - 280 Depreciation 26 14 14 24 7 30 Debt / (debt + equity) 4% 29% 16% 8% 2% 8% EBITDA / debt 605% 60% 122% 265% - 122%

Source: 2003 – 2006 pro-forma former Softbank and former Asseco consolidated results; 2007C – market consensus Expansion in Central and Eastern Europe ACQUISITIONS COMPLETED PLANNED ACQUISITIONS 2004 Asseco Slovakia 2005 Incenti* Czech Koma** Serbia Gladstone** Romania 2006 WA-PRO* Softlab* Lithuania Slovanet Croatia 2007 PVT-Asseco Czech R. Poland Datalock LCS International Austria FIBa Software Net Consulting SAFO*

ADH Soft Foreign companies will bring about 40% of BERIT Asseco Capital Group revenues in 2007

* Companies merged becoming Asseco Business Solutions; ** To be merged with Asseco Systems EXECUTIVE SUMMARY  The largest Polish IT company present in foreign markets, selling proprietary LITHUANIA software for banking & finance sector Q3 2007

 Outstanding Q1 financial results ASSECO POLAND  Comprehensive offer for: banks, public ASSECO CZECH administration, enterprises and utilities REPUBLIC ASSECO SLOVAKIA  Asseco Group has about 3500 employees ASSECO  Consolidation of companies within the ROMANIA ASSECO Capital Group ADRIA (Q3 2007)  In 2007 purchase of stakes in companies from Poland, Czech Rep., Slovakia, Romania  Planned acquisitions in Austria, Romania, Serbia, Lithuania, Slovakia and the Czech Republic APPENDIX

 Competences & Customer Landscape

 Major ongoing projects

 IT Market in Poland & CEE Major competences

Proprietary software Outsourcing services  Software for banks  Internet banking for retail customers  Core systems  Internet banking for corpo customers  Analytical systems  Telephone banking  Internet banking  SMS based banking  Clearings/settlements  Outsourcing of the core system  Add-ons  Software for capital markets institutions Integration services  Software for the public sector  Software for enterprises  Security audit  Security of the services  Enterprise Resource Planning (ERP) software for large, medium and small  Security of the network systems companies  Intelligent building  Analytical systems  Data processing  GIS/NIS  Services and tech-support  IT structure management Third party software  Databases  Security software  CRM Customer Landscape - POLAND

Universal and retail banks Mortgage banks  PKO BP  BGŻ Bank (Rabobank subsidiary)  BRE Mortgage Bank  PBC  Śląski Mortgage Bank  Euro Bank (Societe Generale)  BPH Mortgage Bank  Getin Bank  Nykredit Realkredit A/S  Noble Bank  Dominet Bank Public Administration  (Post Bank)  Ministry of Internal Affairs  Bank Gospodarstwa Krajowego  Agency for Restructuring and Modernization of  Bank Ochrony Środowiska Agriculture  National Clearing House Co-operative banks  Ministry of Finance  Bank Polskiej Spółdzielczości  Ministry of Education  Gospodarczy Bank Wielkopolski  Social Welfare Institution  Mazowiecki Bank Regionalny  453 cooperative banks (75% of the market) General Business Automotive banks  Power Supplier in Rzeszów  Volkswagen Bank Polska  McDonalds Poland  PLL LOT  RCI Bank Polska  Poczta Polska  Toyota Bank Polska  …and 60 000 more  Daimler-Chrysler Bank Polska Customer Landscape - CEE

Slovakia Romania  Slovenská sporiteľňa (Erste Bank Group)  HVB Banca pentru Locuinte (UniCredit Group)  GE Money (GE Money Group)  Porsche Bank Romania  Poštová banka (Post Bank Bratislava)  Sanpaolo IMI Romania  Banka Romaneasca  Exportno-importná banka SR (Export-Import Bank of the Slovak Republic)  Banca Italo-Romena  Citibank Romania  Dôvera (Health Insurance Company)  Millenium BCP  Vseobecna zdravotna poist’ovna (biggest  LBS München public health insurance company)  Union (Eureko Group)  Ministry of Health of Slovak Republic  -Slovenská poisťovňa (Allianz Group) Czech Republic  Tax Authority Office of the Slovak Republic  Česká spořitelna (Erste Bank Group)  UniCredit Bank (Unicredit Group)  HYPO stavební spořitelna (UniCredit Group)  VÚB bank (Intesa Group)  Modra pyramida stav. sporitelna (Societe Generale  Slovak Telekom Group)  Hypo Stavebni sporitelna (Unicredit Group)  CCS (Czech Company for Payment Cards)  DDP Stabilita  GE Capital Bank (GE Money Group)  HYPO Stavební spořitelna (Czech Building Society)  Slovak Tourist Board  Živnostenská banka Prague  The self-governing region of Tarnava  Pojistovna VZP  Stredoslovenska energetika (Le Groupe EDF) Major Ongoing Projects

 Bank PKO BP – implementation of Integrated Banking System (ZSI) in the largest retail bank in Poland  Gospodarczy Bank Wielkopolski SA (GBW) – implementation of the main IT system for the Co-operative Banking Group (SGB).  BOŚ – centralization of core-banking system  Deutsche Bank PBC SA – agreement for the supply of the license and implementation of the IT system for handling of consumer credits  PKO BP Bank – Central Support IT System  Pekao SA Bank – extension of work related to the Cash Circulation Monitoring System and implementation of the document management system Documentum  Toyota Bank – supply of the license and implementation of comprehensive IT system  BGŻ Bank – development of the core-banking system  Ministry of Internal Affairs - IT system of National Central Register of Vehicles and Drivers (CEPiK) IT Market in CEE – underdeveloped vs EU15

IT Market in EUR m

Poland 3131 FASTEST GROWING IN 2007 Czech Rep. 2081

Hungary 1900 Poland +10.2%

Slovakia 626 Slovakia +8.6% Romania 613 Czech Rep. +6.6% Croatia 521

Slovenia 465 Source: EITO 2006

Serbia 311

Bulgaria 276

B&H 78 IT Expenditures in CEE countries

Macedonia 50 PL Cz. Hun. Slk. Rom. Cro. Slo. Ser. Bul B&H Mac. EU 15 Value in EUR m 3 131 2081 1 900 626 613 521 465 311 276 78 50 Per capita in EUR 100 238 189 137 35 130 228 37 41 28 31 719 As % of GDB 1,9% 2,7% 2,4% 2,2% 1,5% 1,4% 2,2% 1,5% 1,8% 1,6% 1,3% 3,2%

Source: EITO 2006 IT Market in Selected Countries

POLISH IT MARKET SLOVAK IT MARKET CZECH IT MARKET 6000 1200 3500

5000 1000 3000

2500 4000 2 984 800 1 332 2 789 505 1 249 461 2000 1 150 2 493 3000 600 412 1 086 2 042 382 1500 934 617 1 706 312 556 2000 916 400 158 494 807 142 436 708 128 1000 382 621 114 1000 547 200 103 1 560 300 500 965 1 061 1 182 1 357 243 274 722 801 883 802 1 032 175 208 0 0 0 2003 2004 2005 2006E 2007F 2003 2004 2005 2006E 2007F 2003 2004 2005 2006E 2007F

Hardware Software IT Services Hardware Software IT Services Hardware Software IT Services

MAJOR TRENDS: Source: EITO 2006  Attractive growth - +9,6% in 2007 in CEE (based on EITO) fuelled by EU subsidies, influencing public administration and SMEs, as well as, structural changes in the industry.  Proprietary software and orientation towards the most attractive customer segments. Higher-value added products are the key to avoid the fierce price competition and margin erosion.  Foreign sales offer the possibility to gain further economies of scale. Niche software, after translating, can generate strong margins.  Adjustment to EU rules®ulations forces investments in IT (e.g. E-Government Systems, Risk Mangement systems in banks) Asseco Poland on the Polish IT Market

428 REVENUES NET PROFIT (Q1 2007) (Q1 2007)

266 24 210 Asseco’s results

consolidated by Prokom 11 98 10 87 83 38 4 -1 -1

PROKOM SYGNITY ASSECO COMARCH ABG SPIN TECHMEX ASSECO PROKOM SYGNITY ASSECO COMARCH ABG SPIN TECHMEX ASSECO POLAND SLOVAKIA POLAND SLOVAKIA

NET MARGIN % -15 MARKET CAP (Q1 2007) (June 26, 2007) 4 040 12% 12% 10% 2 125 1 671

2% 791 776 636 351 -1% -2%

PROKOM SYGNITY ASSECO COMARCH ABG SPIN TECHMEX ASSECO PROKOM SYGNITY ASSECO COMARCH ABG SPIN TECHMEX ASSECO POLAND SLOVAKIA POLAND SLOVAKIA -6% Thank you for your attention.

Contact for investors: Katarzyna Perzak Tel: +48 (22) 87 86 333 Kom: +48 660 433 080 E-mail: [email protected]