Company Profile For Belgacom S.A.

Belgacom SA is a Belgium-based company registered under the Belgian public law that provides both fixed and mobile telecommunication services, including telephony, Internet and television services, and this, for both professional and residential customers. Its activities are divided into five segments: Consumer Business Unit (CBU), Enterprise Business Unit (EBU), Service Delivery Engine (SDE), International Carrier Services (ICS) and Staff and Support (S&S). CBU sells voice products and services, Internet and television services. EBU markets its products mainly under the Belgacom, Proximus and Telindus brands, on both the Belgian and international markets. SDE focuses on the centralization of various services. ICS is responsible for international carrier activities and S&S brings together all the horizontal functions, internal services and real estate that support the Company’s activities. Belgacom SA operates in various countries, through a number of subsidiaries and joint ventures.

BRIEF: For the nine months ended 30 September 2009, Belgacom SA's total revenue increased 1% to EUR4.47B. Net income decreased 10% to EUR617M. Total revenue reflects increased demand for the Company's products and services driven by the Consumer Business Unit and the International Carrier Services business segments performance. Net income was offset by deteriorated operating margin as well as increased financial charges.