10% of the growth is organic despite the market showing a decline of between 1% and 3% during the second quarter of 2003, according to Syntec Informatique.

Acquisition of one of the French leaders in Open Source technology integration

Business & Decision announces the acquisition of Aurora (formed in September 2002, 25 employees; turnover of €2.1 million in 2002, with a net break even), one of the leaders in Open Source technology integration.  The acquisition will reinforce the Group's competences in a major growth area.

Included amongst its clients are Alcatel, Cable & Wireless, EDF and l'Oréal... for which Aurora has implemented Customer Relationship Management projects (CRM), human resources administration, content administration and documentary administration, workflow, groupware and messenger services. Aurora includes HP, IBM, MandrakeSoft, Oracle, Red Hat and Sun microsystem amongst its technology partners.

Positive outlook for 2003/2004

Within its three business areas, Business & Decision continues to win strategic projects.  These include consolidation and budgetary control projects for two companies in the oil industry, a treasury system for a leader in luxury products, an application for risk management in a large international bank, a data warehouse for a leader in remote sales of industrial consumables, an automated sales force application (SFA) for an energy distributor and a WAP services portal for a television channel.

"A combination of strong partner links with the principal software suppliers, expert consultants and clients who put their trust in us to implement their strategic applications results in Business & Decision being well placed to play a major role in the information technology market, which is currently restructuring and promises a steady revival in 2004 (according to Syntec Informatique)," stated Patrick Bensabat, Chairman of Business & Decision.

Financial calendar:

§    Tuesday 16 December 2003: shareholdres' general assembly (at 17.00 at head office: 153, rue de Courcelles, 75017 Paris)

§    Thursday 12 February 2004: turnover for the 2^nd quarter 2003/2004

§    Tuesday 30 March 2004: half year results (at a meeting with managers and analysts)

About Business & Decision - www.businessdecision.com

Founded in 1992, Business & Decision is an International consulting and Systems Integration company specializing in Business Intelligence, Customer Relationship Management (CRM) and E-Business. The Group works with clients to implement systems that aim at driving business functions and performance (dashboards, reporting, consolidation etc.); help in customer relationship management (sales force automation, call centers, campaign management, analytical CRM); and assist in E-Business (intranet and extranet portals, directories and Meta directories, e-commerce, knowledge management, Open source technologies, etc.). With more than 2,800 employees worldwide, Business & Decision has developed a "complete project" approach that spans from consulting to implementation. The Group has a reputation for its functional and technological expertise and has forged partnerships with all of the key technology vendors. At present, Business & Decision has more than 1,200 clients.

Business & Decision has been listed on the Euronext Paris since February 2001 (compartment B / Isin code: FR 00000 7895 8 / Symbol:  BND). Business & Decision is listed in the NextEconomy segment and in the IT-Cac (technology market). For more information, visit: http://www.businessdecision.com/

Press Contact at Business & Decision
Investor relations

Pauline Cieutat - pauline.cieutat@businessdecision.com

Tel: +33 1 56 21 21 20
Fax: +33 1 56 21 21 22