Slajd 1

1
Financial Results for Q3 2007/2008
Excellent results - brought by the strategy of
the Board and the Management Team
2
KEY EVENTS OF QUARTER 3

• Maintaining a high dynamics of sales of 27.7 at
  the level of the Capital Group.
• Official commissioning of the server cluster at
  TASK. The installation is 9th largest server in
  Europe and 27th worldwide.
• Signing contracts for delivery of hardware for
  computer workrooms of a total value of PLN 129.8
  MM. The tender was organized by the Ministry of
  Education and provided for approx. 40,000
  computers, including more than 3,000 servers.
• Signing trade contracts with new customers
  Auchan, NeoNet,Polo Market.

3
RESULTS FOR QUARTER 3
Sales revenue (PLN M)
Gross margin ()

• Sales revenue increased by 27.7 - compared to
  Q3 2006/2007. Considering a drop of USD exchange
  rate by 22.7 (April to April), the value of
  sales in USD rose by 65.
• Gross margin increased by 1.5 pp compared to Q3
  2006/2007.

4
RESULTS FOR QUARTER 3
Net profit (PLN M)
Operating profit (PLN M)

• Operating profit increased by 30.4 compared
  to Q1 2006/2007.
• Net profit increased by 29.3 compared to the
  respective period of previous year.

5
RESULTS FOR QUARTER 3
Earnings per share (PLN)

• Return on Equity (ROE) increased by 7.3 pp.
• RoE based on net profit values for the last 4
  quarters

6
DETAILED FINANCIALS
7
FORECAST ATTAINMENT LEVEL
Net profit (PLN MM)
Sales revenue (PLN MM)

• Following the first three quarters of 2007/2008
  the sales revenue projected for 2007/2008 was
  attained at 78 (the PLN/USD exchange rate
  dropped in the projected period by 11.7).
• Over the same period, the net profit reached 83
  of its projected annual value.

8
IMPLEMENTING THE STRATEGY OF GROWTH
Expansion of the logistics centre proved a
profitable investment

• Investment value EUR 7,300,000
• Increased profitability and number of SKUs
  processed
• Completion scheduled for July 2009

Expected changes of the maximum daily performance
performance ratio number of invoice items
(lines) / hours of work
9
IMPLEMENTATION OF DEVELOPMENT STRATEGY

• Further growth of subsidiaries
• ACTION Ukraina
• At present the SHOK and KREZ chains operate a
  total of 15 shops
• Another 3 shops planned to be opened
• SHOK in Zaporizhia opens on 28 June, area
  2,000 sq. m
• Another two locations planned Vinnytsia,
  Donetsk
• SFERIS
• Rebranding process pending in Quarter 3
  2007/2008 the new visual identity was implemented
  at 13 shops.
• Another 2 Sferis locations and 1 partner
  location were added to the chain.
• Sales performance (quarter to quarter) grew by
  40
• By the end of the year 30 additional partner
  shops will join and 13 native Sferis shops will
  be established.

10
QUALITY OF THE YEAR FOR ACTIVEJET

• The ActiveJet brand owned by ACTION S.A. won the
  Quality of the Year 2007 Award for the second
  time in the Product category.
• The Jury of the competition includes PCBC (
  Polish Centre for Testing and Certification) and
  Gazeta Prawna. a popular legal and business daily.

11
IMPLEMENTATION OF DEVELOPMENT STRATEGY

• Participation in public tenders
• Winner of a tender for 6,500 computers for PZU,
  contract value of approx. PLN 10.5 MM
• First batch of deliveries for ZUS (national
  social insurance institution) 5,000 machines of
  a total value of approx. PLN 11.3 MM
• Action currently awaits resolution of the
  following tenders
• ZUS, Second Batch 4,000 PCs. approx. PLN 8 MM
• ZUS, Third Batch 4,000 PCs. approx. PLN 9 MM
• ZUS, Fourth Batch 5,000 PCs. approx. PLN 11 MM
• Ministry of Interior and Administration 7,500
  PCs PLN 13 MM

12
A PRESTIGIOUS AWARD FOR ACTINA SOLAR

• As the manufacturer of ACTINA SOLAR servers,
  ACTION S.A. was distinguished by INTEL as the
  most innovative server manufacturer and the best
  vendor of high-performance clusters in the EMEA
  in 2007.

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THANK YOU FOR YOUR ATTENTION