TXT TXT E Solutions SPA

Press Release 1 December 2011

TXT e-solutions: Taxation on extraordinary dividend as follows gross 4,00, net 3,91 per share; coupon payment 12 December 2011

Milan - 1 December 2011 The dividend of 4,00 per share will be paid through use of the share premium reserve, most of which tax exempt and part of which subject to the current rate of 12,50%. Tax per share will depend on the amount of stock in circulation at the time of coupon payment; such amount will reflect the buyback of own shares performed by the company as well as the issue of stock pursuant to year 2008 Stock Options Plan. To the end of defining the exact net amount per share, the company has decided to stop the purchase of own shares until 12 December 2011. As of today, own shares held in the company's portfolio amount to 160,000. With regard to year 2008 Stock Options Plan, as many as 105,500 options could be exercised at the price of 6,464 commencing 22 November 2011. These options, allocated to the top management in 2008 ­ except the Chairman ­ and to other important managers (20 in all) could be exercised and were all actually exercised and issued, since the TXT share value had crossed the ceiling envisaged in the option contract with a rise above 50% compared to the original 2008 strike price. In particular, the 4 Executive Directors -- Marco Guida, CEO; Paolo Matarazzo, CFO; Andrea Cencini, Director TXT Perform and Paolo Colombo, Director TXT Next -- have in all bought 35,000 ordinary shares worth 1,28% of capital, with a total holding of 4,05% of company stock. In light of the above, it is certain that 2,573,039 shares will be in circulation the day of coupon payment on 12 December. Therefore, the company is in a position to announce that the net dividend paid to shareholders owning less than 2% of stocks (non-qualified participation) amounts to 3,9114 per share. Non-taxable portion ( 3,2911 per share) will be deducted from the carrying value of each shareholder. On negotiation day (12 December 2011, coupon payment), the quotations will reflect values net of dividends.

TXT e-solutions is an international leader in the supply of software and strategic solutions to large enterprises. Main areas of business are: Demand & Supply Chain Management with the TXT Perform offering, especially targeting Luxury, Fashion, retail and Consumer Goods sectors; Software for Complex Operations & Manufacturing, for Aerospace, Defence, High-Tech and Financial Instiututions, with the TXT Next offering. TXT is listed in the STAR segment of Borsa Italiana (TXT.MI) with Headquarters in Milano and offices in Italy, France, UK, Germany and Spain.

For further information:

TXT e-solutions SpA CFO Paolo Matarazzo Tel. +39 02 25771.355 paolo.matarazzo@txtgroup.com

txtgroup.com

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