Tele Atlas NV ("Tele Atlas") a leading global provider of geographic content, today reported results for the second quarter of 2006.
Second Quarter Highlights:
• Revenues increased 17% to a record €60.0 million (Q2 2005: €51.3 million)
• Adjusted EBITDA of €7.3 million (Q2 2005: €7.2 million)
• Ongoing strong personal navigation revenue growth of 81% over prior year
• Positive net income of €4.5 million, due in part to realization of €10.7 million tax benefit
• DeveloperLink™ program attracts 300+ wireless and personal navigation system developers

Key figures (Asia Pacific information included with Europe)
In millions of Euro Q2 2006 Q2 2005 change %
Revenues 60.0 51.3 17%
Adjusted EBITDA1 7.3 7.2 1%
Operating result (EBIT) (7.7) (0.7) -
Net result 4.5 (1.3) 434%
Average number of employees 1,442 1,271 13%

Earnings per share (in €) 0.05 (0.03) 246%
1 Adjusted EBITDA is the operating result before capitalization, depreciation and amortization and before costs related to IFRS 2 Share-based Payments.

Alain De Taeye, Chief Executive Officer, says:” The rapid expansion of the portable navigation market and the steady introduction of new wireless applications are strong indicators that the use of digital maps will only continue to grow. We’re particularly pleased to see increasing activity in the wireless market. With our recent win TeleNav, and with hundreds of wireless application developers now in our DeveloperLink™ program, Tele Atlas is well positioned to be at the forefront of emerging digital map markets worldwide.”

Hardie Morgan, Chief Financial Officer, says: “Business is performing according to our expectations and barring unforeseen circumstances we are on track to meet our full year revenue guidance and EBITDA targets. We are pleased with the ongoing strong growth of the personal navigation market and confident about performance in the remainder of the year”.

Outlook
The previously provided guidance for 2006 of approximately €250 million in revenues, Adjusted EBITDA of approximately €40 million and operating loss (EBIT) of €33 million remains unchanged. These amounts exclude the impact of any acquisitions which may be completed in 2006. This outlook is based on current circumstances and expectations of future market and business, and is subject to revision.

Webcast Q2 results 2006: July 28 14:00 CET, www.teleatlas.com/investors