AMSTERDAM — (BUSINESS WIRE) — October 29, 2013 —

Financial summary

• Group revenue of €244 million (Q3 '12: €274 million)
• Gross margin of 56% (Q3 '12: 55%)
• EBIT margin of 6% (Q3 '12: 12%)
• Adjusted¹ EPS of €0.10 (Q3 '12: €0.14)
• Cash flow from operating activities of €71 million (Q3 '12: €50 million)
• Net cash position of €52 million (Q3 '12: net debt of €153 million)

Operational summary

• New generation of PNDs widely available in Europe
• Successful roll-out of our GPS sports watches, now available in 21 countries
• TomTom’s real-time traffic in more Daimler models
• Renault R-Link ranked by independent study as the best in-dash infotainment system
• Business Solutions acquires Coordina, the Spanish market leader in Fleet Management Solutions

2013 outlook

We expect to deliver full year revenue towards the upper end of our guidance of between €900 and €950 million and we expect adjusted¹ EPS of around €0.25 (previously around €0.20).

Key figures

(in € millions)			Q3 '13			Q3 '12			y.o.y. change			YTD '13			YTD '12			y.o.y. change
Revenue			244			274			-11%			696			768			-9%
Gross result			137			150			-9%			378			400			-6%
Gross margin			56%			55%						54%			52%
EBITDA			41			58			-30%			110			128			-14%
EBITDA margin			17%			21%						16%			17%
EBIT result			14			32			-57%			21			46			-53%
EBIT margin			6%			12%						3%			6%
Net result			11			22			-49%			17			30			-43%
EPS, € diluted			0.05			0.10			-50%			0.07			0.13			-45%
Adjusted 1 EPS, € diluted			0.10			0.14			-32%			0.20			0.27			-26%

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