First half revenue recovers significantly from a weak 2009 level

Highlights First half year 2010

• Revenue of the first half-year of 2010 amounts to 121,6 million euro, a
  30,9% increase compared to last year.
• Operating profit (EBIT) for the first six months amounts to 9,8 million euro,
  which is 47,9% higher than last year.
• Cash flow (EBITDA) for the first half year amounts to 15,3 million euro, a
  74,7% increase compared to last year.
• Net profit amounts to 5,6 million euro (Earnings per Share of 0,70 euro), an
  increase of 64,4 % compared to last year.
• Net financial debt increased by 15,6 million euro compared to December
  2009, and amounts to 28,6 million euro.
• Group increases its presence in China and Japan for long term growth.

Other activities

• Total net finance cost amounts to 2,2 million euro. This primarily relates to currency
  losses (1,4 million euro).
• The net tax charges amount to 2,0 million euro.
• Compared to December 2009, the net financial debt increased by 15,6 million euro
  to a level of 28,6 million euro.
• After a year of lower investments in 2009 the JENSEN-GROUP continued to prepare
  its strategy to “Go East” and has now decided to make a substantial investment in a
  new production facility in China. Furthermore, in order to cater for the important
  and highly developed Japanese market, the JENSEN-GROUP has entered into a
  distribution agreement with Asahi Seisakusho Co. Ltd., one of the 3 market leaders
  in Japan with over 10 sales and services offices around Japan.

Outlook

The order backlog as per June 2010 was 33% higher at June 30, 2010 compared with
the activity level year on year.
Major risk factors are the volatility in demand, as well as competitive pressures. Other
risks are high exchange rate volatility and fluctuating raw material prices, energy and
transport costs.

Buy-back own shares

At its meeting held on November 3, 2009, the Board of Directors approved the
purchase of 36.874 shares of the Company that were held by Baillie Gifford and
offered for sale. The buyback was completed through the use of an investment bank,
acting as intermediary, at a price per share of 6,9 euro at the Euronext stock
exchange. As a result of this transaction, JENSEN-GROUP currently holds 36.874
treasury shares.