“In all respects, Océ is picking up speed throughout the business,” said Rokus van Iperen, Chairman of the Board of Executive Directors, as the document appeared online this morning. “Growth is undeniable. We see further expansion of our strong position in the wide format market, where we are making remarkable advances. We see improvements in small format, where we are gaining ground in the office market segment. Our experience in document management services is enabling our customers to concentrate fully on their core activities. And our cooperation agreements with prominent partners such as Fujifilm, Konica Minolta and Fuji Xerox have added distribution power and competitive products to our business operations.”

Océ’s growth strategy: distribution power, product portfolio, operational excellence
The Annual Report focuses on Océ’s growth strategy. Océ’s growth strategy is based on three pillars: increased distribution power, a complete and competitive product portfolio, and corporate operational excellence. Each of these pillars, which are aimed at realizing an improved level of profitability, was strengthened during the year under review.

Revenue development per Strategic Business Unit (SBU) shows organic growth
Revenues in the SBU Digital Document Systems amounted to € 2.2 billion, an organic increase of 2.4%. Revenues in the SBU Wide Format Printing Systems totaled € 898 million, an organic increase of 5.9%.

Geographic revenue development
Of its total 2007 revenues of € 3.1 billion, Océ generated approximately 40% in the US market (€ 1.2 billion); 10% of its revenue came from both Germany and The Netherlands (€ 320 million and € 305 million respectively) approximately 7% of its revenue from the UK market (€ 227 million) and 6% from France (€ 190 million). A further 19% of total revenues came from other European markets while 8% of revenue was generated in countries outside Europe and the United States.

Research & Development (R&D) drives distinctive product portfolio
Océ has its own R&D facilities in seven countries and successfully develops distinctive products for selected market segments. The current focus is on wide and small format printing systems for the mid, high and very high volume in
black-and-white and - increasingly significant - color. Expenditure on R&D in 2007 amounted to € 228 million. Of the total Océ workforce of 23,798 in 2007, 1,804 Océ employees (8%) worked in R&D.

Important announcement dates 2008
Océ will disclose first-quarter results on April 3, 2008 and first-half results on July 3, 2008.
The Annual General Meeting of Shareholders will be held in Venlo (NL) on April 23, 2008 at 14.00 hours (CET).