26 May 2003
PARIS - Schlumberger Smart Cards & Terminals has been chosen for the second time running by the French bank Societe Generale to provide payment terminals and services to the bank's retail customers as part of its Progecarte offer.

Progecarte is a turnkey rental offer of point-of-sale (POS) terminals to retailers. It includes distribution, installation, training, assistance and maintenance services.

Societe Generale's choice reflects its recognition of the unique experience that Schlumberger has acquired throughout four years of operating and perfecting the Progecarte offer for 30,000 professionals.

Schlumberger will continue to manage the contracts that Societe Generale's representatives offer its clients. In this way, Schlumberger will enhance its expertise as a leader in POS-related merchant services.

"Progecarte is a success which Schlumberger greatly contributed to," said Patrick Rasson, assistant director of the e-business department at Societe Generale. "Our satisfaction is reinforced by the good performance of Schlumberger's terminals in the French EMV (CB 5.2) pilot. We are happy to renew our contract with Schlumberger, who also have the advantage of having excellent knowledge of our clients."

The second stage of Progecarte, which is supplied by two large manufacturers, features Schlumberger MagIC* Evolution fixed and mobile point-of-sale terminals, which will be in the bank's catalog. Certified EMV level 2, the new ergonomically designed terminals will ensure the performance and durability of the Progecarte offer.

"We are happy that Societe Generale, by renewing its trust in us, acknowledges our professionalism and the quality of our POS solutions and associated services," said Alain Martin, director of e-payment terminals Europe at Schlumberger. "Schlumberger is committed to helping Societe Generale ensure the success of upcoming migration projects and provide client satisfaction."

-Ends-

About Schlumberger Smart Cards & Terminals
Schlumberger Smart Cards & Terminals is the world's leading provider of microprocessor cards - the key to digital networks - and a major supplier of card-related terminals and transaction software. Its 5,000 employees serve customers in more than 100 countries, with worldwide sales exceeding 2.6 billion smart cards to date. The company has more than 20 years' experience in smart card innovation and leads its industry in security technology and open systems.

Schlumberger Smart Cards & Terminals continuously creates new generations of products for use in a variety of applications in the telecommunications, finance, retail, transport, entertainment, healthcare, personal identification, information technology and public sector markets. Smart card solutions provide convenience, security and privacy to public and private services operators, their customers and end-users.

For more information, visit www.smartcards.net

Socit Gnrale Group
Socit Gnrale is one of the largest financial services group in the eurozone. The group employs more than 80,000 people worldwide in three key businesses:
- Retail Banking: Socit Gnrale serves 14,7 million retail customers worldwide.
- Asset Management & Private Banking: Socit Gnrale ranks third in the eurone in terms of assets under management (EUR 270 billion in 2002).
- Corporate & Investment Banking: SG CIB is the third largest bank in the eurozone based on net banking income.
Socit Gnrale is included in the four major socially responsible investment indices.
www.socgen.com

For further information, contact:
Richard Venturi
Schlumberger Smart Cards & Terminals
Tel: +33 1 46 00 71 04
Mobile: +33 6 22 17 37 14
rventuri@montrouge.sema.slb.com

Arnaud Malherbe
Herald Communications
Tel: +33 1 47 42 92 76
Fax: +33 1 42 66 39 59
amalherbe@herald-com.fr

© Press Release 2006