Capgemini in €575 Million Bond Offering and Repurchase

April 20, 2009

Cleary Gottlieb represented Capgemini in its €575 million offering of bonds, convertible and/or exchangeable into new or existing shares of the issuer (known by its French acronym as “OCEANEs”). The bonds will bear interest at 3.5% and are due on January 1, 2014. The offering, which launched and priced on April 8 and closed on April 20, consisted of an international private placement and a French public offering, and the bonds trade on Euronext Paris.

BNP Paribas, J.P. Morgan and Morgan Stanley acted as joint lead managers and joint bookrunners.

The proceeds of the offering will be used to refinance Capgemini’s debt and to repurchase part of another series of existing convertible bonds in a transaction conducted simultaneously of block purchases and a standing public offer.

Capgemini is one of the world’s leading providers of consulting, technology and outsourcing services. With over 90,000 employees in over 30 countries, the Group had revenues of €8.7 billion in 2008.