15.05.2007 18:00:00 CET

TOUAX : consolidated revenues rise 16.4% to €44 million in the first quarter of 2007

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PRESS RELEASE

Paris, 15 May 2007 - 6pm

YOUR OPERATIONAL LEASING SOLUTION

TOUAX: consolidated revenues rise 16.4% to €44 million in the first quarter of 2007

Revenues by type (Unaudited consolidated figures, in € thousands)   2007   2006   Difference  
Leasing revenues   38 114   35 483   7%  
Sales of equipment and sundry items   6 035   2 436   148%  
Consolidated revenues in the first quarter   44 149   37 919   16%  
       
Revenues by business segment (Unaudited consolidated figures, in € thousands)   2007   2006   Difference  
Shipping containers   17 429   14 940   17%  
Modular buildings   12 648   10 656   19%  
River barges   5 294   8 621   -39%  
Railcars, sundry items and inter-segment eliminations   8 778   3 702   137%  
Consolidated revenues in the first quarter   44 149   37 919   16%  

Consolidated revenues in the first quarter of 2007 amounted to €44.1 million, representing an increase of 16.4% compared to the first quarter of 2006.

The Shipping Containers division continues to benefit from the structural growth in global trade.

The Modular Buildings division is advancing due to the signing of numerous contracts.

The River Barges division sold a non-strategic business in 2006 in order to refocus its activity on rivers with high potential: Mississippi, Rhine and Danube.

The Railcars division is being buoyed by the liberalization of rail freight in Europe, which is opening the way to a large number of investments.

The TOUAX Group provides operational leasing of shipping containers, modular buildings, river barges and freight railcars for a global customer base, both for its own account and on behalf of investors.

At its SFAF meeting of 24 April 2007, the Group announced its target of increasing its net income by more than 40% in 2007, i.e. over €10 million. The increase in revenues is in line with our expectations. We are therefore maintaining our target.

TOUAX is listed in Paris on EURONEXT - Eurolist Compartment C (ISIN code FR0000033003) and is part of the Next Prime quality segment of EURONEXT.

Contacts:

TOUAX

Fabrice & Raphaël Walewski Managers touax@touax.comwww.touax.com Tel: 01 46 96 18 00

ACTUS FINANCE

Sébastien Berret sberret@actus.fr www.actus.fr Tel: 01 53 67 35 77