Company Profile For Safran S.A.

Safran SA, formerly Sagem SA, is a France-based high-technology company, which operates through its four divisions. The Aerospace Propulsion division produces engines and parts for civil and military aircraft, helicopter turbines and the ballistics and spatial industries through several subsidiaries, including Snecma, Turbomeca and Microturbo. The Aeronautic Equipment division provides mechanical, hydro-mechanical and electro-mechanical equipment for the aeronautics industry through its subsidiaries, including Aircelle and Messier-Dowty. The Defense Security division produces defense and security equipment, including military avionics and aeronautic systems, navigation equipment, optronic systems, biometric identification systems and secure transaction terminals. The Communications division comprises activities related to mobile telephony and high-speed Internet services. In September 2009, the Company acquired 81% interest in General Electric Company Homeland Protection business.

BRIEF: For the six months ended 30 June 2009, Safran SA's total revenue increased 7% to EUR5.38B. Net income from continuing operations decreased 6% to EUR428M. Total revenue reflects increased demand for the Company's products and services in the Aircraft Equipment, the Defense and the Security segments. Net income from continuing operations was offset by higher personnel expenses and other finance expenses.