18.03.2009 08:00:00 CET

TOUAX : European Enterprise Award

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European Enterprise Award

On 17 March, TOUAX SCA received the European Enterprise Award (Prix de l'Entreprise Européenne) in the Europeanness category.

The European Enterprise Awards, created in 2004, are organised by the HEC international business school, Roland Berger Strategy Consultants and La Tribune. They aim to reward the best performing European enterprises on the basis of three criteria - growth, europeanness, M&As - and in two different categories (large enterprises and SME/SMI).

For Raphaël and Fabrice WALEWSKI, joint managers of TOUAX: "This award is the result of the hard work of all Group employees, rewarding our long-term strategy."

This award recognises the TOUAX Group for its European development strategy, in particular in Central and Eastern European markets. By taking the risk of investing abroad and in particular in Europe, the Group's revenue has risen by over 500% in 10 years from €68.3 million (of which €14.5 million in France) to €364.9 million (of which €33 million in France).

It was as part of this strategy that in 2007 the Group acquired Warex, a major assembler and lessor of modular buildings in Germany and market leader in the Czech Republic and Slovakia, a market in which TOUAX opened its first assembly plant before opening a second manufacturing plant in France, outside Chartres.

Having won a number of design and innovation awards, TOUAX modular buildings meet customer needs by offering a flexible alternative that is up to 50% cheaper than traditional buildings.

The TOUAX Group provides operational leasing services to a global customer base, both for its own account and on behalf of investors. TOUAX is the leader in leasing of shipping containers and river barges in continental Europe and number two in modular buildings and freight railcars (intermodal railcars). TOUAX is well positioned to take advantage of the rapid growth in corporate outsourcing of non-strategic assets and every day offers efficient and flexible leasing solutions to more than 5,000 customers. The Group's financial statements for 2008 will be released on 24 March 2009.

TOUAX is listed in Paris on NYSE EURONEXT - Euronext Paris Compartment C (ISIN code FR0000033003).

Contacts:

TOUAX

Fabrice & Raphaël WALEWSKI Managers touax@touax.com Tel: +33 (0)1 46 96 18 00

ACTIFIN

Jean-Yves BARBARA jybarbara@actifin.fr Tel: +33 (0)1 56 88 11 11