• Sales1 up 32%
• Strong increase in profitability:
o Current operating income2: 9.6% of sales
o Net income: €24 million
• 2008-09 targets confirmed
Paris, November 26, 2008 – Today, Ubisoft released its results for the six months ended September 30, 2008.

Yves Guillemot, chief executive officer at Ubisoft, stated: “Our strong first-half growth fueled a sharp rise in profitability. Based on our initial sales figures for the third fiscal quarter and thanks to the diversity of our game line-up, we are confident that we will be able to achieve the targets that we recently raised for full-year 2008-09, despite a highly competitive environment marked by the launch of numerous high-quality games. In addition, consoles are continuing to record robust sales levels, which represents a very positive sign for the video games industry for 2009.”

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I am very pleased how the ESRB is handling and stepping up and letting people know about the new rating system.

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