Shareholders' Meeting approves Financial Statements 2008, Dividend and nominees of the Board of Directors and of the Board of Auditors

The CAD IT Group closes 2008 with a Value of Production of Euro 59.8 million compared to Euro 60.7 in the previous financial period.

EBITDA stood at Euro 12.7 million compared to Euro 15.2 million in the previous financial period;

EBIT was equal to Euro 9.2 million compared to Euro 12.6 million in 2007;

Net Profit was Euro 4.9 million compared to Euro 8 million in the previous year.

The Net Consolidated Financial Position was in credit by Euro 13.3 million showing an increase compared to the Euro 12.1 million at 31st December 2007.

The payment of an ordinary dividend of €0.50 per share was approved, with coupon detachment and payment on 11^th and 14^th May 2009 respectively.

The Shareholder’s meeting, in accordance with deadlines, has nominated the Board of Directors and Auditors.

The Internal Control Committee and the Nomination and Remuneration Committee have been nominated.

The Internal Auditor and the Manager responsible for preparing the company’s financial reports have been nominated.