13.08.2007 18:00:00 CET

TOUAX : consolidated revenues rise 6% in first half of 2007 to Euros 130.9 million.

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PRESS RELEASE

Paris, 13 August 2007 - 6pm

Revenues by type                
(Unaudited consolidated figures, in € thousands)   Q1 2007   Q2 2007   TOTAL   Q1 2006   Q2 2006   TOTAL   Difference  
Leasing revenues   38 144   40 676   78 820   35 483   36 606   72 089   9%  
Sales of equipment and sundry items   6 026   46 069   52 095   2 436   48 324   50 760   3%  
Consolidated revenues   44 170   86 745   130 915   37 919   84 930   122 849   6,6%  
               
Revenues by business segment                
(Unaudited consolidated figures, in € thousands)   Q1 2007   Q2 2007   TOTAL   Q1 2006   Q2 2006   TOTAL   Difference  
Shipping containers   17 387   50 922   68 309   14 940   35 775   50 715   35%  
Modular buildings   12 648   15 933   28 581   10 656   12 081   22 737   26%  
River barges   5 315   5 341   10 656   8 621   9 140   17 761   -40%  
Railcars, sundry items and intersegment eliminations   8 820   14 549   23 369   3 702   27 934   31 636   -26%  
Consolidated revenues   44 170   86 745   130 915   37 919   84 930   122 849   6,6%  

Consolidated revenues in the first half of 2007 amounted to €130.9 million, an increase of 6.6% compared to the first half of 2006 (+12.5% on a like-for-like and constant-dollar basis).

The Shipping Containers division maintained its investment policy and benefited from the structural increase in global trade. Leasing revenues rose by 29% and sales revenues by 42%.

The Modular Buildings division continued its growth trend with the signing of a large number of contracts.

The river barges business recorded a decrease in revenues, resulting mainly from the divestment of a non-strategic chartering company at the end of 2006 in order to refocus its activity on rivers with high potential: Mississippi, Rhine and Danube.

The Railcars division recorded a decrease in revenues from management programs which will only be implemented in the second half and increased its leasing revenues by 29% compared to the first half of 2006 due to the good economic situation in Europe, the increase in investments and the liberalization of rail freight.

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 revenues are in line with the Group's expectations. The Group confirms its forecasts for net income.

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.

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

Contacts:

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

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