SERMA TECHNOLOGIES

Identification
Listing sponsor / Agent

<p>
EUROLAND FINANCE</p>

Symbol
ALSER
ISIN code
FR0000073728
Exchange / Market
Euronext Growth
Trading location
Paris
Products family
Funds
ICB
Business Support Services
Website address
http://www.serma.com
Issuer website
http://www.serma.com
Operation
IPO date
IPO type

<p>
Direct Trading procedure</p>

IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

<p>
Reference price will be the last trading price on the March&eacute; Libre central order book</p>

Operation description
Operation calendar

<p>
- 13 December 2005 (evening): closing of the trading on the March&eacute; Libre - 14 December 2005: opening of trading on SERMA TECHNOLOGIES shares on Alternext</p>