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CEVA Group Plc Reports Quarter 3, 2007 Results
Date:11/29/2007

First Release Following Extension of Service Offering

CEVA Third Quarter 2007 Results

HOOFDDORP, The Netherlands, November 29 /PRNewswire/ -- CEVA Group Plc released its Quarter 3, 2007 Interim Financial Statements today. These statements include the following highlights:

- First presentation of results following the EGL acquisition on 2 August 2007

- EBITDA increased to EUR86.9 million from EUR(4.3) million in Q3 2006

- Adjusted EBITDA improved to EUR93.1million from EUR57.5 million in Q3 2006
- Cash position at the 30 September 2007 of EUR216.9 million

- Solid financing structure with medium to long term maturity dates.

CEVA Group Plc delivered the following results:

Three months ended Sep 30 Nine months ended Sep 30

2007 2006 2007 2006

Net sales EUR1,331.3m EUR840.4m 58.4% EUR3,097.7m EUR2,587.1m 19.7%

EBITDA EUR86.9m EUR(4.3)m - EUR186.9m EUR66.9m 179.4%

% sales 6.5% (0.5)% 6.0% 2.6%

Adjusted EUR93.1m EUR57.5m 80.9% EUR202.3m EUR151.7m 41.2%

EBITDA*

% sales 7.0% 6.8% 6.5% 5.9%

*Adjustments in 2007 relate mainly to EGL merger costs and Contract Logistics rebranding and separation costs.

** The results presented include three months Contract Logistics and two months EGL.

Our Contract Logistics and Freight Management business on a stand-alone basis delivered the following results:

- Contract Logistics organic results excluding the impact of the EGL acquisition:

Three months ended Sep 30 Nine months ended Sep 30

2007 2006 2007 2006

Net sales EUR833.5m EUR829.5m 0.5% EUR2,579m EUR2,553.9m 1.0%

EBITDA EUR63.3m
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SOURCE CEVA Group Plc
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