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Zenitel Announces Third Quarter Trading Update

Zenitel reports turnover of continuing business of EURO 49,2 million, compared to EURO 51,5 million last year. One third of the deviation is currency conversion impacts.

Year to date turnover through September 2010 amounts to EUR 49,2 million compared to EUR 61,6 million last year. 2009 revenue adjusted for discontinued business amounts to EUR 51,5 million for the same period. Exchange rate fluctuations have impacted the turnover negatively during the first nine months of 2010 compared to last year with EUR 0.8 million.