QUEST HOLDINGS S.A.

Press Release

Spin-off of "INFO-QUEST S.A." business unit "Distribution and Technical Support of Information Technology and Telecommunications Products" and its contribution to its 100% subsidiary company under the title "Info Quest Technologies S.A. - Commercial and Industrial Company of IT and Telecommunications Products and Services".
In order to better organize the activities of Info-Quest Group and to maximize the efficient use of existing resources and functions, Info-Quest Group Management and the Extraordinary General Assembly of 17th January 2011, decided the spin-off of its business unit "Distribution and Technical Support of Information Technology and Telecommunication Products" and its contribution to its 100% subsidiary under the title "INFO QUEST TECHNOLOGIES SA - Commercial and Industrial Company of IT and Telecommunications Products and Services". By this spin-off the business unit will be completely distinct, self-governed and flexible and the mother company "Info-Quest S.A." will be transformed into a holding company (QUEST Holdings S.A.) and limit its activities to participating in other companies and real estate as well as providing consultancy and administration support services to its affiliated companies.
Info Quest Technologies S.A. continues, as its successor, the commercial activities of Info-Quest S.A., with the same dynamic, merits, philosophy and dedication to the better service of the client.