EAR Y ULTSRESHALFJUNE

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EAR

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JUNE

2010

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3

The SGS Group delivered first semester revenues of CHF 2.4 billion, an

increase in constant currency of 1.7% (1.0% reported basis) achieved

primarily in the second quarter on the back of gradually improving economic

conditions. Adjusted operating income reached CHF 388 million (up 3.0%

on a constant currency basis) with an adjusted EBITDA margin of 21.2%

(from 20.9%) and an adjusted operating income margin of 16.5% (2009:

16.3%). Net profit for the period was CHF 270 million. During the semester,

capital investment spend reached CHF 114 million (17.5% higher than

the prior year) and the Group completed four acquisitions for a total cash

consideration of CHF 29 million. SGS maintains its full year forecast of a

solid year 2010 with both revenues and earnings above 2009 levels.

FINANCIAL HIGHLIGHTS

(CHF million) JUNE 2010 JUNE 2009 CHANGE IN %

REVENUE 2 352 2 327 1.0

ADJUSTED EBITDA 1 ₄₉₉ ₄₈₆ _2.7

ADJUSTED OPERATING INCOME 1 ₃₈₈ ₃₈₀ _2.0

ADJUSTED OPERATING INCOME MARGIN IN % 1 _16.5 _16.3

OPERATING INCOME (EBIT) 383 361 6.1

PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF SGS SA 270 255 5.9

CORE OPERATING CASH FLOW 2 ₂₆₀ ₂₈₆ _(9.1)

NET CASH 204 57

AVERAGE NUMBER OF SHARES (‘000) 7 555 7 493

BASIC EARNINGS PER SHARE (CHF) 35.67 33.98 5.0

DILUTED EARNINGS PER SHARE (CHF) 35.51 33.89 4.8

ADJUSTED BASIC EARNINGS PER SHARE (CHF) 1 _36.27 _35.76 _1.4

AVERAGE NUMBER OF EMPLOYEES 58 583 56 524 3.6 1. Before amortisation of acquisition intangibles, restructuring and transaction-related costs

2. Before cash flows from exceptional items 2008

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OVERVIEW

Revenues for the Group reached CHF 2.4 billion, an increase of 1.7% (constant currency basis) over prior year. This was achieved despite the termination of our Irish statutory vehicle testing concession on 1 January 2010. Excluding this termination, group revenues increased 3.1% on a constant currency basis. This growth was achieved primarily in the second quarter on

the back of gradually improving economic conditions.

Consumer Testing Services, Systems & Services Certification, Minerals Services as well as Government and Institutions Services continued to perform well in overall difficult market conditions, each delivering organic revenue growth in excess of 5.0%, driving the Group organic growth rate to 1.0%. Agricultural, Environmental and Industrial Services revenues declined, impacted primarily by lower agricultural commodity flows, prolonged severe winter weather conditions and the difficult economic situation in Spain. Group adjusted EBITDA improved 3.2% to CHF 499 million (constant currency basis), with adjusted EBITDA and adjusted operating income margins improving to 21.2% and 16.5%

respectively, primarily from an improved mix in Minerals Services and enhanced margins in Automotive Services. Net financial expense for the period remained stable at CHF 2.5 million, including the cost of temporary funding for the CHF 455 million dividend payment.

The overall effective tax rate for the group was 26.0%, consistent with the Group’s expectation for the full year. Profit attributable to Equity holders increased to CHF 270 million from CHF 255 million, an increase of 5.9% (7.5% constant currency basis). Core operating cash flows amounted to CHF 260 million, 9.1% below prior year due to both cyclical and seasonal effects. This inflow of cash was used to fund net investments in fixed assets of CHF 114 million and CHF 29 million in acquisitions. The pace of capital investments is progressively returning to pre-2009 levels, Overall group net cash decreased from CHF 476 million at the end of 2009 to CHF 204 million, following a dividend outflow of

CHF 455 million and loan repayments of CHF 254 million.

ACQUISITIONS & DISPOSALS

The Group completed four acquisitions during the semester resulting in CHF 30 million of additional revenue for the Group on an annualised basis. Three acquisitions, namely Intron in The Netherlands, KCQT in Korea and AST in Australia, strengthen our Industrial material R&D and testing division, while the fourth acquisition, Verilab, expands our minerals service offering in Chile.

MANAGEMENT

Geraldine Matchett, previously Group Finance Controller, was appointed Chief Financial Officer in March following the departure of Richard Tobin. The Board of Directors expresses its gratitude for his work, first as COO North America and then as Group CFO.

SIGNIFICANT SHAREHOLDERS

As at 30 June 2010, Exor held 15.00%, Mr. August von Finck and members of his family acting in concert held 14.96%, the Bank of New York Mellon Corporation held 5.00%, Allianz SE held 4.97% and The Capital Group Companies held 3.51% of the share capital and voting rights of the Company.

OUTLOOK

SGS maintains its full year forecast of a solid year 2010 with both revenues and earnings above 2009 levels.

15 July 2010

Sergio Marchionne

Chairman of the Board

Christopher Kirk

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Agricultural Services comparable revenue declined 3.1% to

CHF 170 million, primarily impacted by significantly lower volumes of grain exports out of Eastern Europe as well as weak results in South America.

Revenues from the trade inspection business in Eastern Europe declined substantially in the period as low commodity prices, caused by good harvests and over-stocking, reduced exports. This was partially offset by Canada where inspection and fumigation of grain increased significantly. In South America, low trade volumes in soya and other grains out of Brazil as well as a net decline in collateral management services, due to the unavailability of trade financing, impacted both top-line and margins.

Other regions performed well,

supported by excellent growth in inland services and in particular soil testing and field trial activities in North America and Europe. These activities are highly seasonal and the bulk of the revenue stream is yet to materialise as crops are harvested in the second half of the year.

Adjusted operating margin for the period declined to 13.3% from 15.7%, impacted mainly by the Eastern Europe and South America results mentioned above. Margins in other regions remained stable with notable improvements in North America and certain South East Asia Pacific countries such as India.

During the period, the Group continued to focus on developing inland services. The geographical expansion of seed testing and crop services is gaining traction with several developments in Asia, especially China and India. New services have also been introduced during the period, bringing to market forestry and forest products, data management and market research services.

AGRICULTURAL SERVICES

MINERALS SERVICES

1. Before amortisation of acquisition intangibles, restructuring and transaction-related costs 2. Amended 2009 data following changes in presentation of segmental results

Minerals Services delivered comparable revenue growth of 6.0% to

CHF 291 million as markets gradually recovered over the semester and particularly during the second quarter. The trade inspection business

performed well on the back of improving trade volumes in all major bulk

commodities especially Iron Ore with strong demand from Asian consumers. The period also saw a recovery in the metallurgical and geochemical businesses with increased sample volumes in our commercial laboratories in Africa and in Australia as well as an improved pipeline of projects from major clients in North America and Australia. Other segments which performed well include energy minerals, with resilient coal volumes out of Australia, Russia and China, non-ferrous metals as well as fertilisers.

The adjusted operating margin for the period increased to 17.7% from 14.4%, resulting from extensive restructuring programs undertaken in most key

countries in 2009, the overall revenue growth, improved capacity utilisation and an increasingly favourable product mix. These trends are expected to continue into the second semester. During the period, the Group acquired Verilab, a laboratory in northern Chile, adding geochemical and analytical services to its existing metallurgical

and trade related offering in this key market. In addition, organic growth investments have been maintained, with several projects underway to capture opportunities in laboratory outsourcing (adding five new on-site laboratories in the period) as the mining sector and associated services recover.

(CHF million) JUNE 2010 JUNE 2009 2

REVENUE 170.2 176.3

Change % (3.5)

CHANGE DUE TO

Volume & Prices % (3.1)

Acquisitions / (Disposals) % 0.0

Currency Translation % (0.4)

ADJUSTED OPERATING INCOME 1 _22.6 _27.7

Change % (18.4)

MARGIN % 1 _13.3 _15.7

REVENUE 291.1 261.5

Change in % 11.3

CHANGE DUE TO

Volume & Prices % 5.6

Currency Translation % 5.3

Change % 36.7

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Oil, Gas and Chemical Services delivered comparable revenue growth of 3.8% to CHF 480 million, supported mainly by a steady revenue increase from the trade inspection business. Balanced supply and demand for crude oil resulted in an overall growth in traded volumes during the period. This recovery in the markets also extended to chemicals, albeit to a lesser extent. Other services performing well include Port and Terminal Operations particularly in North America, with several major oil companies preferring to outsource these activities rather than hire additional personnel. Up-stream revenues however remained weak for the period, with exploration spend only slowly recovering after the financial crisis and many projects being postponed. The adjusted operating margin for the period declined to 13.6% from 14.6% due to start-up costs in relation with the development of new well testing services, production fluids testing and well engineering. In addition, persistent flooding in the Cooper basin in Australia

delayed the execution of a major new upstream contract. The second semester should see a reversal of these headwinds and the deployment of new assets in line with the upstream development plan.

Significant capital investments

continued during the period, boosted by the Group’s roll-out of the new SGS Well Test packages. Total capital expenditure

for the period amounted to

CHF 34 million, of which half relates directly to up-stream initiatives (Multiphase Flowmeter units, FluidPro™ Portable Laboratories and Slickline units) while the balance of the spend relates to ongoing investments into the laboratory network, particularly in the UK, the USA and China.

OIL, GAS & CHEMICALS SERVICES

LIFE SCIENCE SERVICES

Life Science Services delivered comparable revenues in line with prior year at CHF 98 million, with both the clinical research and quality control testing segments maintaining their top-line. Total adjusted operating margin for the period increased to 13.0% from 11.1%, supported by a 2009 reorganisation plan in Belgium and economies of scale in the bio-analysis laboratories following a double digit growth in volumes.

The quality control and R&D segment performed well with the main European laboratories maintaining some top-line growth. North America, with double digit growth on the back of capacity expansion investments made in 2009, was a key driver. These geographies helped compensate for more volatile results in Asia, with good growth being achieved in China and Taiwan but weaker results in India and Singapore. Early phase clinical research results remained in line with prior year. Industry fundamentals remain good but increased

cancellations and postponements reduced pipeline visibility and impacted the ability of the clinics to optimise capacity utilisation.

In response to the current market trends, the sector has strengthened its sales organisation with added focus on laboratory based services. Investments are underway to support increasing

demand for value-added services in the immuno-analysis field as well as expand our mass spectrometry capacity. Strong strategic partnerships supported by global key account managers have been developed in response to increasing demand for integrated geographical coverage and outsourcing.

1. Before amortisation of acquisition intangibles, restructuring and transaction-related costs 2. Amended 2009 data following changes in presentation of segmental results and business organisation

REVENUE 480.2 468.6

Change % 2.5

CHANGE DUE TO

Change % (5.0)

MARGIN % 1 _13.6 _14.6

REVENUE 98.0 100.3

Change % (2.3)

CHANGE DUE TO

Change % 14.4

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STRONGER

CONSUMER TESTING SERVICES

Consumer Testing Services delivered comparable revenue growth of 5.6% to CHF 407 million, with a strong adjusted operating margin at 25.1%. This revenue growth was achieved despite the expected slowdown in CPSIA testing following the adoption peak in 2009 as well as the difficult market conditions in Western Europe and the US.

Key growth drivers for the period include textile, garment and footwear testing market share gains in Bangladesh, India and Turkey; food testing across all geographies and automotive components testing in Germany, India and China. These growth areas comfortably offset the comparative reduction in toys testing volumes and weaker results from wireless testing facilities caused by market softness. In South America, strong growth in Brazil mitigated the impact of the earthquake in Chile that destroyed the main laboratory facility and disrupted the economy as a whole.

Development of new services in response to legislative changes and

market liberalisation continued, with further services being introduced for Sustainability, REACH testing and CARB (California Air Resources Board). During the period, investments in equipment and infrastructure for the laboratory network continued, in particular to expand capacity for automotive component testing in China

and India; to upgrade electrical and electronics (E&E) test equipment in the China, Korea and Taiwan laboratories and develop new capabilities in growth markets such as Pakistan and Turkey. In addition to capital investments, capacity utilisation improvement initiatives have enabled the sector to extract higher returns from existing facilities.

1. Before amortisation of acquisition intangibles, restructuring and transaction-related costs 2. Amended 2009 data following changes in presentation of segmental results and business organisation

REVENUE 407.3 391.9

Change % 3.9

CHANGE DUE TO

Change % 2.5

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SYSTEMS & SERVICES CERTIFICATION

INDUSTRIAL SERVICES

Systems and Services Certification delivered comparable revenue growth of 7.8% to CHF 189 million, with a stable adjusted operating margin at 19.3%. This strong revenue growth, on the back of already good results in 2009, was achieved across all regions including the mature economies of Western Europe and North America. Major market share gains were achieved primarily in Eastern Europe, Middle East, China / Hong Kong and the Americas.

The increased diversification of services also clearly supported this growth. In particular, sustainability related audit services and second party audit services delivered higher revenues, while demand for global certification contracts remained strong in spite of the current economic climate. Training services also started on the path to recovery after having declined slightly in 2009.

New services are regularly introduced, focusing on the food, medical devices and sustainability related audit segments such as FSC, energy management and recycling. In order to continue capturing market share and leveraging our international network, global key account management structures have been strengthened, specifically addressing the needs of

multinational customers in areas such as environmental, social and economic sustainability assurance. To support the network, new IT developments have been rolled-out during the period, designed to boost efficiency and productivity.

Industrial Services comparable revenues declined 0.4% to CHF 368 million, impacted primarily by delays in major capital investment projects in the Oil & Gas industry as well as a downturn in the Spanish construction sector. The adjusted operating margin declined to 12.6% from 13.4%.

In order to respond to the structural decline in construction activities in Spain and adjust our operating costs accordingly, an extensive restructuring plan was initiated in 2009. This enabled progressive operational downscaling in line with revenues, protecting margins. In the case of the Oil & Gas industry, where a return to capital investment projects is expected, our margins for the period have been impacted, affecting mainly Brazil, US and the Middle East. An increased customer project spend is expected in the second semester, mainly in South America and Asia. In other geographies, demand for materials testing and non-destructive testing (NDT) services remained strong and several large supply chain projects were successfully secured in Africa and Eastern Europe.

During the period, three acquisitions were completed in this sector, two of them expanding the Group’s geographical footprint for materials testing to South Korea and the East Coast of Australia. The third acquisition, Intron Group based in The Netherlands, was concluded in order to strengthen the Group’s capabilities in terms of building material research and development and sustainable building

services worldwide. Organic growth investments were maintained to support the expansion of advanced NDT services and further expand our laboratory facilities in growth markets such as China, Taiwan, Angola and Algeria.

REVENUE 188.5 175.7

Change % 7.3

CHANGE DUE TO

Change % 8.0

MARGIN % 1 _19.3 _19.1

REVENUE 368.2 371.3

Change % (0.8)

CHANGE DUE TO

Change % (7.2)

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ENVIRONMENTAL SERVICES

AUTOMOTIVE SERVICES

Environmental Services comparable revenues declined 1.7% to

CHF 136 million, primarily impacted by weaker results in Western Europe and North America.

During the first quarter, severe winter weather conditions impacted both of these regions, preventing outdoor sample collection and severely hampering transport. For Western Europe, this was compounded by reduced construction related health & safety work as well as environmental compliance monitoring in Spain and difficult market conditions in France and Germany. There, depressed activity levels led to intense competition and some downward price pressure. Other geographies performed well overall, with strong growth in waste monitoring activities in Taiwan, new contracts in South America (Peru and Chile), solid revenue growth from climate change and soil and groundwater testing in China. The adjusted operating margin for the period declined to 9.2% from 9.6% due to the above mentioned weakness in Europe and North America, despite strong profitable growth in Africa,

Australia and Thailand.

During the period EKO-Projekt, acquired in October 2009, was successfully integrated, expanding the Group’s presence in Poland and increasing its environmental monitoring and testing capacity in Central Europe. Additional post-acquisition investments into its laboratory facilities have been made during the period to enhance further the

service offering and training services have been developed with European Union support. Other investments throughout the laboratory network during the period have been modest, the focus being placed on improving the efficiency of existing facilities and maximising capacity utilisation in response to the difficult market conditions.

As expected, Automotive Services comparable revenues declined 25.0% to CHF 100 million as a result of the termination of our Irish statutory vehicle testing concession effective 1 January 2010. Excluding the impact of this concession, revenues for the sector remained stable, supported by all geographies, this despite a slow recovery of the new car markets in Europe and North America.

The adjusted operating margin for the period increased to 19.1% from 14.9%. This significant improvement was achieved primarily in North America with the successful restructuring of our commercial operations initiated in 2009 and efficiency gains achieved on the California Data-management program. Other geographies also contributed to the increased profitability mainly through cost containment in Europe, capacity expansion in Africa and negotiated fee adjustments in South America.

The statutory inspection business remains a key focus area for growth for this sector. Several investments were made during the period to expand the number of lanes and test centres, strengthening our existing operations in Albania, Morocco and Ivory Coast. Similar investments are to be expected during the second semester with opportunities to expand into new

geographies. New services have also been successfully implemented, such as the new speed camera testing program in France. Non-statutory services experienced a partial recovery despite the ongoing difficult economic conditions for the automotive industry, with a gradual improvement in off-lease and auctions services.

REVENUE 136.5 140.2

Change % (2.6)

CHANGE DUE TO

Change % (7.4)

MARGIN % 1 _9.2 _9.6

REVENUE 99.9 138.5

Change % (27.9)

CHANGE DUE TO

Change % (7.3)

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GOVERNMENT & INSTITUTIONS SERVICES

Government & Institutions Services delivered comparable revenue growth of 10.6% for the period to

CHF 112 million, driven primarily by increased orders for a wider range of Product Conformity Assessment (PCA) programs including Algeria, Kenya and Saudi Arabia.

For Global Solutions, revenues declined overall, with Pre-Shipment Inspection contracts being impacted by slow economic recovery and a resulting decrease in the quantity and value of goods imported into countries such as Angola and Cameroon. This was partially off-set by solid results in Ghana, Madagascar and Ivory Coast where our TradeNet solutions are now well established.

The adjusted operating margin for the period remained virtually stable at 17.4%, partly held back by business interruptions in Haiti, following the earthquake in January, and lower Pre-shipment inspection volumes. . The sector’s transition from Global to

Local solutions continued throughout the period with ongoing investments taking place for both TradeNet applications and scanning solutions. New mandates outside the traditional customs related services also expanded. These include Forestry monitoring contracts now underway in several countries, as well as services for Inland Revenue departments and aid

monitoring programs on behalf of Development Banks. Due to the rapid evolution of regulatory environments in developing markets, this sector has also become increasingly instrumental in helping expand services provided by other businesses such as the Oil, Gas & Chemical, Industrial and Environmental Services.

REVENUE 111.9 103.1

Change % 8.5

CHANGE DUE TO

Change % 9.6

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(CHF million) NOTES JUNE 2010 JUNE 2009 1

REVENUE 2 352 2 327

Salaries, wages and subcontractors’ expenses (1 285) (1 291)

Depreciation, amortisation and impairment (115) (112)

Other operating expenses (569) (563)

OPERATING INCOME (EBIT) 3 383 361

Analysis of Operating income

Adjusted operating income 388 380

Amortisation of acquisition intangibles (4) (4)

Restructuring costs 3 0 (15)

Transaction-related costs 3 (1)

Operating income 383 361

Financial income/(expenses) (2) (3)

PROFIT BEFORE TAXES 381 358

Taxes (99) (91)

PROFIT FOR THE PERIOD 282 267 Profit attributable to:

Equity holders of SGS SA 270 255

Non-controlling interests 12 12

BASIC EARNINGS PER SHARE (IN CHF) 4 35.67 33.98

DILUTED EARNINGS PER SHARE (IN CHF) 4 35.51 33.89

CONDENSED INTERIM FINANCIAL STATEMENTS FOR

THE PERIOD ENDED 30 JUNE 2010

CONDENSED CONSOLIDATED INCOME STATEMENT

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CONDENSED CONSOLIDATED BALANCE SHEET

(CHF million) JUNE 2010 DECEMBER 2009

NON-CURRENT ASSETS

Land, buildings and equipment 742 751

Goodwill and other intangible assets 769 777

Other non-current assets 250 229

TOTAL NON-CURRENT ASSETS 1 761 1 757

CURRENT ASSETS

Trade accounts and notes receivable 804 812

Other current assets 488 375

Cash and investments 266 792

TOTAL CURRENT ASSETS 1 558 1 979

TOTAL ASSETS 3 319 3 736

TOTAL EQUITY 1 971 2 110

NON-CURRENT LIABILITIES

Loans and obligations under financial leases 7 8

Provisions and other non-current liabilities 330 326

TOTAL NON-CURRENT LIABILITIES 337 334

CURRENT LIABILITIES

Trade and other payables 366 388

Other liabilities 645 904

TOTAL CURRENT LIABILITIES 1 011 1 292

TOTAL EQUITY AND LIABILITIES 3 319 3 736

CONDENSED CONSOLIDATED STATEMENT OF

COMPREHENSIVE INCOME

(CHF million) JUNE 2010 JUNE 2009

Actuarial (losses) on defined benefit plans (18)

-Income tax on actuarial gains/(losses) taken directly to equity 4

-Exchange differences and other (40) 74

OTHER COMPREHENSIVE INCOME FOR THE PERIOD (54) 74

Profit for the period 282 267

TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 228 341

Attributable to:

Equity holders of SGS SA 218 329

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CONDENSED CONSOLIDATED CASH FLOW STATEMENT

CONDENSED STATEMENT OF CHANGES

IN CONSOLIDATED EQUITY

(CHF million) JUNE 2010 JUNE 2009

Profit for the period 282 267

Non-cash items 214 206

(Increase) in working capital (109) (53)

Taxes paid (127) (134)

Core operating cash flow1 ₂₆₀ ₂₈₆

Cash flows from exceptional items 2008 - (14)

CASH FLOW FROM OPERATING ACTIVITIES 260 272

Net (purchase) of fixed assets (114) (97)

Cash (paid)/received for acquisitions/disposals (31) 9

Other from investing activities 1 6

CASH FLOW FROM INVESTING ACTIVITIES (144) (82)

Dividend paid to equity holders of SGS SA (455) (375)

Dividend paid to non-controlling interests (12) (11)

Acquisition of non-controlling interests (4)

-Cash received on treasury shares 85 25

Interest paid (7) (9)

(Decrease) in borrowings (254) (136)

CASH FLOW FROM FINANCING ACTIVITIES (647) (506)

Currency translation 5 (7)

(DECREASE) IN CASH AND CASH EQUIVALENTS (526) (323)

ATTRIBUTABLE TO

(CHF million)

EQUITY HOLDERS

OF SGS SA NON-CONTROLLING INTERESTS TOTAL EQUITY BALANCE AS AT 1 JANUARY 2009 1 825 37 1 862

Total comprehensive income for the period 329 12 341

Dividends paid (375) (6) (381)

Share-based payments 8 - 8

Movement on treasury shares 25 - 25

BALANCE AS AT 30 JUNE 2009 1 812 43 1 855 BALANCE AS AT 1 JANUARY 2010 2 073 37 2 110

Total comprehensive income for the period 218 10 228

Dividends paid (455) (3) (458)

Share-based payments 10 - 10

Movement in non-controlling interests (4) - (4)

Movement on treasury shares 85 - 85

BALANCE AS AT 30 JUNE 2010 1 927 44 1 971

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1. BASIS OF PREPARATION

These unaudited condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) IAS 34 and should be read in conjunction with the consolidated financial statements of the Group for the year ended 31 December 2009.

2. SIGNIFICANT ACCOUNTING POLICIES

The condensed financial statements have been prepared in accordance with the accounting policies applied by the Group in its consolidated financial statements for the year ended 31 December 2009, except

for the following main changes in standards effective 1 January 2010 and amendments to the presentation of the income statement and results by segment.

New amendments and interpretations

IFRS 3 (revised) Business Combinations, IAS 27 (amendment) Consolidated and Separate Financial Statements. These standards have been applied prospectively from 1 January 2010, impacting the accounting for business combinations and transactions with non-controlling interests. These revised and amended standards have had no significant impact on the reported results of the Group.

Other new amendments and interpretations were also adopted effective 1 January 2010 but had no impact on the Group consolidated financial statements.

Changes in presentation

In order to improve transparency, exceptional items 2009 are now presented within the costs by nature on the face of the Income Statement and a reconciliation in provided to the segmental measure of profitability. The split by nature of the CHF 15 million restructuring expense published in June 2009 is provided in note 3.

NOTES TO THE CONDENSED INTERIM FINANCIAL

STATEMENTS

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2009 1 (CHF million) REVENUE ADJUSTED OPERATING INCOME 1 AMORTISATION OF ACQUISITION INTANGIBLES OPERATING INCOME BY BUSINESS Agricultural Services 176 28 - 28 Minerals Services 261 37 - 37

Oil, Gas & Chemicals Services 469 68 (1) 67

Life Science Services2 ₁₀₀ ₁₁ _- ₁₁

Consumer Testing Services2 ₃₉₂ ₁₀₀ ₍₁₎ ₉₉

Systems & Services Certification 176 33 - 33

Industrial Services 371 50 (1) 49

Environmental Services 140 14 - 14

Automotive Services 139 21 (1) 20

Governments & Institutions Services 103 18 - 18

TOTAL 2 327 380 (4) 376

Unallocated costs (15)

GROUP OPERATING INCOME 361

2010

(CHF million)

REVENUE _{OPERATING INCOME}ADJUSTED OF ACQUISITION AMORTISATION INTANGIBLES

OPERATING INCOME BY BUSINESS

Agricultural Services 170 23 - 23

Minerals Services 291 51 - 51

Oil, Gas & Chemicals Services 480 65 (1) 64

Life Science Services 98 13 (1) 12

Consumer Testing Services 407 102 - 102

Systems & Services Certification 189 36 - 36

Industrial Services 368 46 (1) 45

Environmental Services 137 13 - 13

Automotive Services 100 19 (1) 18

Governments & Institutions Services 112 20 - 20

TOTAL 2 352 388 (4) 384

Unallocated costs (1)

GROUP OPERATING INCOME 383

1. Amended 2009 data following changes in presentation of segmental results 2. Amended 2009 data following changes in business organisation

3. SEGMENT INFORMATION

All segment revenues reported above are from external customers. The ajusted operating income represents the profit earned by each segment. This is the main measure reported to the chief operating decision maker for the purposes of resource allocation and assessment of segment performance.

There have been no material changes to the total assets by segment as disclosed in the last annual financial statements. Unallocated costs 2010

During the first semester 2010, the Group incurred transaction-related costs of less than CHF 1 million that have been expensed in accordance with the IFRS 3 (revised) standard adopted on 1 January 2010 .

Unallocated costs 2009

During the first semester 2009, the Group incurred a pre-tax restructuring charge of CHF 15 million largely as a result of personnel re-organisation due to the decline in market conditions in certain businesses and geographies (CHF 12 million) as well as an asset impairment charge of (CHF 2 million).

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4. EARNINGS PER SHARE

JUNE 2010 JUNE 2009

Profit attributable to equity holders of SGS SA (CHF million) 270 255

Weighted average number of shares (‘000) 7 555 7 493

BASIC EARNINGS PER SHARE (CHF) 35.67 33.98

Diluted weighted average number of shares (‘000) 7 589 7 514

DILUTED EARNINGS PER SHARE (CHF) 35.51 33.89

Adjusted earnings per share:

JUNE 2010 JUNE 20091

Amortisation of acquisition intangibles (CHF million) 4 4

Restructing costs net of tax (CHF million) - 9

Transaction-related costs net of tax (CHF million) -

-Adjusted profit attributable to Equity holders of SGS SA (CHF million) 274 268

ADJUSTED BASIC EARNINGS PER SHARE (CHF) 36.27 35.76

ADJUSTED DILUTED EARNINGS PER SHARE (CHF) 36.10 35.66 1. Amended 2009 data following changes in presentation of results

ACQUISITIONS

During the period, the Group completed four acquisitions.

Intron Group

Effective 1 January 2010, SGS acquired, for an equivalent of CHF 23 million, 100% of the Intron Group. This Group operates a laboratory in Sittard (The Netherlands) and provides inspection, testing, certification, consulting as well project management services to the building materials industry.

Goodwill on acquisition amounted to CHF 14 million.

Verilab

Effective 1 March 2010, SGS acquired for an equivalent of CHF 3 million, 100% of Verilab SA. This company operates a laboratory in Antofagasta (Chile), which performs exploration and grade control analysis using fire assay, wet chemistry and instrumental techniques.

Korea Construction Quality Test & Analysis

Effective 1 April 2010, SGS acquired for an equivalent of CHF 8 million, 100% of Korea Construction Quality Test & Analysis (KCQT), Pyungstaek, Korea. This company provides construction materials testing and ground investigation services.

Other

During the period, the Group acquired the Australian Soil Testing Pty Ltd. (AST) business in Sydney for an equivalent of less than CHF 1 million.

Total

All the above acquisitions contributed in total CHF 12 million in revenues and CHF 2 million in operating income

during the period for the Group. Had all acquisitions been effective 1 January 2010, the Group revenues for the period would have been increased by

CHF 3 million and the Group operating income for the period would have been increased by less than CHF 1 million. None of the goodwill arising on these acquisitions is expected to be tax deductible.

ACQUISITIONS OF NON CONTROLLING-INTERESTS

During the period, SGS acquired non-controlling interests of existing subsidiairies for an equivalent of CHF 4 million. The non-controlling interests‘ share of goodwill is directly recognised in equity.

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(CHF million) BOOK VALUE

FAIR VALUE

ADJUSTMENTS FAIR VALUE ON ACQUISITION

Tangible and intangible assets (5) (5) (10)

Trade accounts and notes receivable (6) (6)

Cash and cash equivalents (5) (5)

Other current assets (5) (5)

Current liabilities 12 12

Non-current liabilities 0 0

NET ASSETS ACQUIRED (9) (5) (14)

Goodwill (21) (21)

TOTAL PURCHASE PRICE (30) (5) (35)

Acquired cash and cash equivalents 5

Consideration (payable) 1

NET CASH OUTFLOW ON ACQUISITIONS FOR THE PERIOD (29)

Due to their timing, the initial accounting for all four transactions has only been provisionally determined at the balance sheet date.

The Group incurred acquisition-related costs of less than CHF 1 million related to external legal fees and due diligence expenses. These expenses are reported within Other Operating Expenses in the condensed consolidated income statement.

Considerations payable relate mainly to environmental and commercial warranty clauses.

Total assets and liabilities arising from the acquisitions for the period

6. GOODWILL

(CHF million) 2010 2009

COST

At 1 January 629 594

Current period acquisitions 21 6

Consideration on prior years’ acquisition (2) 0

Exchange differences (25) 30

AT 30 JUNE 623 630

The goodwill arising on acquisitions relates mainly to the value of expected synergies and the value of the qualified workforce that do not meet the criteria for recognition as separable intangible assets.

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BALANCE SHEET

END OF PERIOD RATES INCOME STATEMENTAVERAGE RATES JUNE 2010 DECEMBER 2009 JUNE 2010 JUNE 2009

Australia AUD 92.59 92.56 96.71 80.20

Canada CAD 103.07 98.92 104.73 93.66

China CNY 15.95 15.18 15.86 16.51

European Union EUR 132.47 148.79 143.83 150.65

USA USD 108.27 103.65 108.29 112.90

7. RETIREMENT BENEFIT OBLIGATIONS

During the period, an interim assessment of employee benefit obligations and actual return on plan assets has been performed for the major defined benefit pension plans. A resulting increase in net pension liabilities of CHF 18 million has been recorded.

8. APPROVAL OF CONDENSED INTERIM FINANCIAL STATEMENTS AND SUBSEQUENT EVENTS

These condensed interim financial statements were authorised for issue by the Board of Directors on 14 July 2010.

Effective 1 July 2010, the Group entered into a definitive agreement to acquire 100% of the issued share capital of Assayers Canada Ltd based in Vancouver, Canada.

DISCLAIMER

This PDF version is an exact copy of the document provided to SGS’ shareholders. Except where you are a shareholder, this material is provided for information purposes only and is not, in particular, intended to confer any legal rights on you.

This document does not constitute an invitation to invest in SGS shares. Any decisions you make in reliance on this information are solely your responsibility.

This document is given as of the dates specified, is not updated and any forward looking statements are made subject to the following reservations:

This document contains certain forward looking statements that are neither historical facts nor guarantees of future performance. Because these statements involve risks and uncertainties that are beyond SGS’ control or estimation, there are important factors that could cause actual results to differ materially from those expressed or implied by these

forward looking statements. These statements speak only as of the date of this document. Except as required by any applicable law or regulation, SGS expressly disclaims any obligation to release publicly any updates or revisions to any forward looking statements contained herein to reflect any change in SGS Group’s expectations with regard thereto or any change in events or conditions on which any such statements are based. English version is binding.

SGS SA CORPORATE OFFICE

1 place des Alpes P.O. Box 2152 CH – 1211 Geneva 1 t +41 (0)22 739 91 11 f +41 (0)22 739 98 86 e [email protected] www.sgs.com INVESTOR DAYS

Thursday - Friday, 23-24 September 2010

Rouen - France

2010 FULL YEAR RESULTS

Monday, 17 January 2011

ANNUAL GENERAL MEETING OF SHAREHOLDERS

Monday, 15 March 2011

STOCK EXCHANGE LISTING

SIX Swiss Exchange, SGSN

STOCK EXCHANGE TRADING

SIX Swiss Exchange

COMMON STOCK SYMBOLS

Bloomberg: Registered Share: SGSN.VX Reuters: Registered Share: SGSN.VX Telekurs: Registered Share: SGSN

ISIN: Registered Share: CH0002497458 Swiss security number: 249745

CORPORATE COMMUNICATIONS & INVESTOR RELATIONS

Jean-Luc de Buman SGS SA

1 place des Alpes P.O. Box 2152 CH – 1211 Geneva 1 t +41 (0)22 739 93 31 f +41 (0)22 739 98 61 www.sgs.com

SHAREHOLDER INFORMATION

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