Tele Atlas Reports First Quarter Revenues of €64.0 Million

‘s-Hertogenbosch, The Netherlands, May 3, 2007 – Tele Atlas NV (FSE: TA6, EUNV: TA), a leading global provider of digital maps and dynamic content for navigation and location based solutions, today reported results for the first quarter of 2007.

First Quarter Highlights:

• Revenues increased 13% over the prior year to €64.0 million (Q1 2006: €56.5 million).

• Adjusted EBITDA increased 19% over the prior year to €5.1 million (Q1 2006: €4.3 million).

• Net loss decreased 22% over the prior year to €8.4 million (Q1 2006: €11.0 million loss).

• Personal navigation revenues increase 56% over the prior year showing continued strong growth in that market.

• Previous 2007 full year guidance of approximately €315 million in revenues, Adjusted EBITDA of approximately €65 million and operating profit (EBIT) of approximately €3 million remains unchanged.

Key Figures

In millions of Euros, except otherwise noted		Three months ended March 31, 2007	Three months ended March 31, 2006	% Change
Revenues		64.0	56.5	13%
Adjusted EBITDA1		5.1	4.3	19%
Operating result (EBIT)		(10.2)	(11.0)	7%
Net result		(8.4)	(11.0)	22%
Average number of employees		1,612	1,413	14%
Earnings per share (in €)		(0.09)	(0.12)	24%

1 Adjusted EBITDA is the operating result before capitalization, depreciation and amortization and before costs related to share-based payments.

Alain De Taeye, Chief Executive Officer, said: “The personal navigation market continued to perform strongly, especially in North America, in what historically has been our slowest quarter in the year. We launched new services for application developers and content providers that facilitate the delivery of content-rich map-based applications. I am confident that we are on track for yet another good year.”

Financial Highlights

Starting 2007, certain changes have been made to segmentation and presentation. These changes are further clarified in the notes to these interim financial statements. Comparative information for 2006 has been restated to reflect these changes retroactively. Restated key quarterly financials by operating segment are summarized in the annex to this release.

Revenues

Tele Atlas' revenues for the first quarter of 2007 increased by 13% to €64.0 million compared to €56.5 million in the same period last year. Revenues grew 16% after adjusting for a €1.8 million effect of currency exchange rate changes. EMEA (Europe, Middle East & Africa) revenues for the quarter increased by 13% over the prior year to €44.4 million as a result of growth in the personal navigation segment. Americas revenues for the first quarter increased 8% from the prior year to €18.0 million, primarily due to increases in the automotive and personal navigation segments. Americas revenues grew 19% after adjusting for the effect of currency exchange rates changes. Revenues for the quarter in the Asia Pacific (APAC) area increased by 145% over the prior year to €1.6 million.

Revenues Per Segment

In thousands of Euros	Three months ended March 31, 20071				Three months ended March 31, 20061
	EMEA	Americas	APAC	Total	EMEA	Americas	APAC	Total
Automotive navigation	8,270	2,774	485	11,529	10,483	1,633	456	12,572
Data products navigation	4,248	46	42	4,336	5,760	101	-	5,861
Personal navigation	27,230	5,002	15	32,247	18,559	1,919	141	20,619
Enterprise and government	2,057	9,371	-	11,428	2,694	10,564	40	13,298
Other segments	2,057	2,432	-	4,489	1,613	2,552	-	4,165
	43,862	19,625	542	64,029	39,109	16,769	637	56,515
Intra-company Commissions	541	(1,588)	1,047	-	96	(107)	11	-
Net Revenue Total	44,403	18,037	1,589	64,029	39,205	16,662	648	56,515

¹ Segment revenues reflect revenues by database area. Intra-company commissions are for customer and technical support between areas.

Personal Navigation:

During the first quarter of 2007, worldwide revenues in the personal navigation segment increased by 56% over the same period in the prior year to €32.2 million. These 2007 first quarter revenues represent map license fees on 2.2 million personal navigation units as compared to 1.2 million units in the same quarter of the previous year. EMEA personal navigation revenues for the quarter were €27.2 million, an increase of 47% over the same period last year. Americas personal navigation revenues were €5.0 million, an increase of 161% over the same period last year.

Automotive Navigation:

As previously announced, Tele Atlas is phasing out its compilation and conversion activities. The impact of this phase out during the quarter was a reduction of approximately €1.9 million in compilation and conversion revenues. This reduction was offset by a similar reduction in cost of revenues and operating expenses. Worldwide revenues in the automotive navigation segment decreased by 8% to €11.5 million or approximately 1.0 million compared to the same period last year. Worldwide, the number of map licenses sold by Tele Atlas in the automotive segment grew 8% to over 0.5 million units compared to the same period last year. EMEA revenue in this segment was €8.3 million, a 21% or €2.2 million decrease from the same period in the prior year. Americas automotive navigation revenue increased by 70% to €2.8 million, resulting principally from growing sales to DENSO for General Motors.

Enterprise and Government:

First quarter revenue for the enterprise and government sectors (business-to-business) decreased 14% to €11.4 million from €13.3 million during the same period last year, mainly as a result of the Euro impact of changes in exchange rates. Americas revenue in this segment decreased by 11% to €9.4 million compared to last year due to these changes in exchange rates. EMEA revenue in this segment was €2.1 million compared to €2.7 million in the same quarter last year.

Data Products Navigation:

Revenues during the quarter from automotive navigation data products, a segment that today exists primarily in EMEA, decreased by 26% to €4.3 million compared to €5.9 million the same period last year due to reduced demand for map updates for older CD based systems.

Other Segments:

Revenue in the other segments, consisting of Internet and consumer wireless markets, increased by 8% to €4.5 million compared to €4.2 million during the same period last year.

Operating Expenses

Operating expenses excluding cost of revenues, depreciation, amortization, capitalization and employee stock option expense (“Adjusted Operating Expenses”), increased by 14% to €52.5 million for the first quarter of 2007 from €45.9 million in the same period in 2006. Excluding the effect of changes in exchange rates, Adjusted Operating Expenses increased by 19%.

Cost of revenue increased by 2% to €6.4 million in the first quarter from €6.3 million in the first quarter of 2006. Cost of revenue decreased as a percentage of revenue in the first quarter as a result of the reduction of compilation and conversion revenues from services performed for one customer. These reductions were partially offset by increased royalties paid to data partners for areas where the company sources data from third parties and for additional content, such as points of interest.

Including employee stock option expense, personnel expenses in the first quarter of 2007 increased by 15% to €35.4 million from €30.6 million in 2006. Expense related to share based payments in the first quarter of 2007 amounted to €5.2 million as compared to €4.8 million during the same period in 2006. Excluding employee stock option expense, personnel expenses in the first quarter of 2007 increased by 17% to €30.1 million from €25.8 million in 2006 as a result of an increased number of employees, including temporary personnel. The increased number of employees is partly due to the acquisitions in the second half of 2006 and demands associated with the growing business. Adjusted for the effect of changes in exchange rates, personnel expenses, excluding employee stock option expense, increased by 22% year year over.

Other operating expenses during the quarter increased by 11% to €22.3 million from €20.1 million in the same period during 2006. Excluding the effect of changes in exchange rates, other operating expenses increased by 15%. This increase was primarily the result of legal cost incurred in connection with on-going litigation and a €1.3 million addition to the Company’s provision for doubtful accounts.

Net Result

Earnings before interest, taxes, depreciation, amortization, share based payments and capitalization of database and tool development costs (Adjusted EBITDA) for the first quarter of 2007 increased by 19% to a profit of €5.1 million from €4.3 million for the same period last year. Adjusted EBITDA for the EMEA region increased 30% to €19.9 million for the first quarter of 2007 compared to €15.3 million for the first quarter of 2006 as a result of increased sales revenues. The Adjusted EBITDA for the Americas increased 38% to €2.9 million in the first quarter of 2007 from €2.1 million in the same quarter during 2006. First quarter 2007 Adjusted EBITDA for APAC was a loss of €2.3 million versus a loss of €0.7 million in the same quarter in 2006, mainly as a result of increased personnel expenses, acquisitions and provisions for doubtful accounts.

The consolidated operating result (EBIT) for the first quarter was a loss of €10.2 million, an improvement of 7% over the same period last year, principally due to the higher Adjusted EBITDA.

Net financial income, including interest paid and received, along with other financing charges, amounted to a gain of €1.8 million during the first quarter of 2007, compared to €1.2 million in the same period of the previous year. The net result from the re-measurement of the investment in Infotech at fair value was a profit of €0.6 million, compared to a loss of €0.1 million the prior year.

Tax charges for the quarter were €0.5 million as compared to a charge of €0.9 million in the first quarter of 2006.

Tele Atlas’ consolidated after tax net loss during the first quarter of 2007 improved to €8.4 million, compared with a net loss of €11.0 million for the same period in 2006.

Cash Flow

Overall cash flow from operating activities for the first quarter of 2007 increased to an inflow of €9.6 million as compared to an inflow of €0.5 million during the same period during 2006 primarily as a result of increased Adjusted EBITDA and improvement in working capital movements.

Cash outflow from investing activities which included investments in tangible fixed assets of €3.6 million and capitalized databases and tools of €2.8 million decreased to €6.5 million from €9.3 million in the first quarter of 2006.

Personnel

As of March 31, 2007 Tele Atlas had 1,629 full time employees world wide (December 31, 2006 1,628).

First Quarter Operational Highlights

Personal Navigation

Tele Atlas provides digital maps and location based content to leading personal navigation brands such as TomTom, Mio, Navman and ViaMichelin.

TomTom remained Tele Atlas’s largest customer with 30% of revenue in the first quarter of 2007. During the quarter, Tele Atlas and TomTom executed an amended agreement for the supply of map products to TomTom’s personal navigation product line. Under the agreement Tele Atlas will supply maps to the new TomTom ONE XL regional and the TomTom ONE XL Europe which were launched during the quarter. Other TomTom navigation devices using Tele Atlas maps include the TomTom GO 910, 715, 710, 510, the One Regional, and the One Europe.

In February, Quantum, a provider of high-quality, innovative multimedia and mobile “Personal TV” devices, and AvMap, the Italian leader in satellite navigation systems, announced the launch of QTM 1000 Nav. This is one of the world’s first device to integrate portable TV and advanced satellite navigation technologies. The device will feature digital maps and content from Tele Atlas.

Enterprise and Government

Tele Atlas continues to be the leading digital map supplier to the enterprise and government segment.

In January, Tele Atlas announced an agreement to integrate MCH GeoPoints’ data within Tele Atlas’ digital maps and points of interest (POI) products. Through the agreement, federal, state and local governments and commercial enterprises such as insurance and utility companies will have access to information designed to assist with their map-based applications.

During the quarter the company also renewed contracts with El Paso Gas and the US Department of Health and Human Services in North America.

Coverage Advances, New Products and Innovations.

Tele Atlas announced the expansion of its digital map coverage in South America as part of its ongoing global expansion strategy and in response to increased demand from global customers seeking maps of all major countries. Coverage was increased significantly in Brazil with Tele Atlas Brazil maps now reaching more than 65 percent of the country’s population. The maps feature street-level map coverage for more than 1,000 municipalities including navigable data for more than 150 cities, such as Brasília, Curitiba, Porto Alegre, Recife, Rio de Janeiro, Salvador and São Paulo.

The availability of Tele Atlas Connect™ was announced during the quarter. Tele Atlas Connect™ provides basic mapping and routing functionalities for digital map coverage of more than 140 countries and is a complement to the company’s comprehensive MultiNet™ product which currently covers 64 countries. Tele Atlas Connect has already been selected by Nokia for the N95 multimedia device, the first product to leverage the data and help users initiate local searches all over the world.

During the first quarter, Tele Atlas launched a European truck transport product. Tele Atlas Logistics carries information on limits for vehicle height, width, length, and weight. In addition, the product offers a range of truck-specific points of interest including the locations of appropriate service stations, truck stops and truck wash facilities. The Tele Atlas Logistics database is planned to be commercially available in July 2007 for the main road networks of Belgium, Denmark, France, Luxembourg, the Netherlands, and Switzerland.

The Company also launched Tele Atlas ContentLink, a Web-based program for content collection, integration and distribution that gives location-based application developers access to a wide range of specialized content and points of interest (POIs). Tele Atlas ContentLink is designed to streamline time-to-market by allowing developers to rapidly discover and obtain the latest content provided by publishers such as entertainment, lodging and services data.

Expansion into South East Asia is ongoing and underscored by the opening of offices in Singapore and Seoul, South Korea and database enhancements in Malaysia, Thailand and Singapore.

Full Year 2007 Outlook

Previous 2007 full year guidance of approximately €315 million in revenues, Adjusted EBITDA of approximately €65 million and operating profit (EBIT) of approximately €3 million remains unchanged. These amounts exclude the impact of any acquisitions which may be completed in 2007 and unforeseen circumstances.

Subsequent to 2007, Tele Atlas’ current expectation is that, barring unforeseen circumstances, the Company can grow revenues in excess of 20% on an annual basis for the next several years and that Adjusted EBITDA for each year will increase by approximately 50% of incremental revenue.

This outlook is based on current circumstances, business estimates and expectations of future market and business, and is subject to revision based upon unforeseen circumstances.

For more information, please contact:

Jasper Vredegoor
Investor Relations Manager,Tele Atlas NV
Phone: + 31 73 640 21 70
jasper.vredegoor@teleatlas.com

Webcast Q1 results 2007: 3 May 14:00 CET, www.teleatlas.com/investors

Ticker Symbols
ISIN: NL0000233948

Eurolist by Euronext Symbol: TA

Geregelter Markt in Frankfurt (TecDax) Symbol: TA6

WKN: 927101

About Tele Atlas
Tele Atlas delivers the digital maps and dynamic content that power some of the world’s most essential navigation and location-based services.The information is the foundation for a wide range of personal and in-car navigation systems and mobile and Internet map applications that help users find the people, places, products, and services they need, wherever they are. The company also works with business partners who trust its digital map data to delivercritical applications for emergency, business, fleet, and infrastructure services. Founded in 1984, Tele Atlas has approximately 2,400 full-time staff and contract cartographers at offices in 24 countries and uses a sophisticated network of professional drivers, mobile mapping vans, and more than 50,000 data resources to deliver highly accurate and up-to-date digital maps. Tele Atlas is listed on the Frankfurt Stock Exchange (TA6) and on Euronext Amsterdam (TA). For more information, visit www.teleatlas.com.

Forward Looking Statements
This release contains certain forward-looking statements. These forward-looking statements are not historical facts but rather are based on current expectations, estimates and projections about the industry, the Company’s beliefs and its assumptions. Words such as “anticipates,” “expects,” “intends,” “outlook,” “plans,” “believes,” “seeks,” “may,” “will,” “should” and “estimates,” and variations of these words and similar expressions, are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the Company’s control, are difficult to predict and could cause actual results to differ materially from those expressed, implied or forecast in the forward-looking statements. In addition, the forward-looking events discussed in this press release might not occur. These risks and uncertainties include, among others, those set forth under “Risk Profile” in the Company’s 2006 annual report. Readers are cautioned not to place undue reliance on these forward-looking statements. Readers should read this press release with the understanding that actual future results and events may be materially different from what we currently expect. The forward-looking statements included in this press release reflect Tele Atlas’ views and assumptions only as of the date of this press release. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Tele Atlas and the Tele Atlas logo are registered trademarks and trade names of Tele Atlas N.V. Other trademarks and trade names are the property of the owners of those trademarks and trade names.

Consolidated statement of operations

		Three months ended March 31,
		2007		20061
		(in thousands of euros)
Revenues		64,029		56,515
Cost of revenue		6,433		6,339
Personnel expenses		35,354		30,629
Depreciation and amortization		12,895		12,539
Other operating expenses		22,345		20,065
Total operating expenses		77,027		69,572
Capitalized databases and tools		2,846		2,100
Net operating expenses		74,181		67,472
Operating result (loss)		(10,152)		(10,957)
Interest income and expenses		1,790		1,171
Foreign currency exchange gains/losses		(205)		(176)
Share in result of associate		-		(37)
Net result on re-measurement of investment at fair value		602		(103)
Result (loss) before income taxes		(7,965)		(10,102)
Income tax		(473)		(883)
Net result (loss)		(8,438)		(10,985)
Net result attributable to:
Equity holders of the parent		(8,422)		(10,985)
Minority interest		(16)		-
		(8,438)		(10,985)
Net result (loss) per share (basic)		(0.09)		(0.12)
Net result (loss) per share (diluted)		(0.09)		(0.12)
Weighted average shares outstanding (basic)		90,417,060		89,648,258

Consolidated balance sheet

			March 31, 2007		December 31, 2006
			(in thousands of euros)
ASSETS
Current assets
Cash and cash equivalents			206,288			202,481
Accounts receivable			60,702			72,177
Inventories			972			1,118
Prepaid expenses and other current assets			7,588			6,075
TOTAL CURRENT ASSETS			275,550			281,851
Non current assets
Investment at fair value			4,740			4,138
Tangible fixed assets
- property, plant and equipment			20,221			18,681
Intangible assets
- databases and tools			208,666			216,502
- goodwill			20,331			20,471
- other			9,017			10,057
Total intangible fixed assets			238,014			247,030
Deferred tax			15,964			15,170
TOTAL NON-CURRENT ASSETS			278,939			285,019
Total assets			554,489			566,870

EQUITY AND LIABILITIES		March 31, 2007		December 31, 2006
		(In thousands of Euros)
Current liabilities
Trade accounts payable		14,461			18,110
Income tax payable		6,958			6,654
Accrued expenses and other liabilities		40,396			46,514
Deferred revenues		6,331			5,373
TOTAL CURRENT LIABILITIES		68,146			76,651
Non-current liabilities
Deferred taxes		15,574			16,322
Pension accrual		5,497			5,314
Other non-current liabilities		1,068			1,113
TOTAL NON-CURRENT LIABILITIES		22,139			22,749
Shareholders’ equity
Ordinary shares, at par €0.10		9,057			9,037
Additional paid in capital		623,322			622,367
Foreign currency adjustment, net of recognition of deferred tax		(33,482)			(32,460)
Accumulated result (deficit)		(126,574)			(112,845)
Result (loss) current year		(8,422)			(18,951)
TOTAL EQUITY ATTRIBUTABLE TO EQUITY OF HOLDERS OF THE PARENT		463,901			467,148
Minority interest		303			322
TOTAL EQUITY		464,204			467,470
Total equity and liabilities		554,489			566,870

Consolidated statements of cash flows

		Three months ended March 31,
		2007		20061
		(in thousands of euros)
Cash flow from operating activities
Operating result		(10,152)		(10,957)
Depreciation and amortization		12,895		12,539
Share based compensation credited to equity		5,222		4,817
Change in non-current liabilities		140		153
Change in net working capital and other changes		1,551		(6,665)
Interest received		1,903		714
Interest paid		(205)		(44)
Tax paid		(1,711)		(87)
Net cash from operating activities		9,643		470
Cash flow from investing activities
Investments in subsidiaries and loans to affiliates		-		(3,547)
Purchase of databases		-		(1,807)
Purchase of property and equipment		(3,630)		(1,888)
Capitalization of database and tools		(2,846)		(2,100)
Net cash used in investing activities		(6,476)		(9,342)
Cash flow from financing activities
Issue of ordinary shares, net of expenses		-		(2,903)
Exercise of stock options		640		329
Net cash from (used in) financing activities		640		(2,574)
Total increase (decrease) in cash and cash equivalents		3,807		(11,446)
Cash and cash equivalents at the beginning of the period		202,481		200,795
Cash and cash equivalents at the end of the period		206,288		189,349

Consolidated statement of changes in shareholders’ equity

	Total attributable to ordinary equity holders of the parent
	Issued ordinary shares		Additional paid - in capital		Other reserves		Accumu-lated deficit and result		Total			Minority interest		Total
(in thousands of euros)
Balance as of January 1, 2007	9,037		622,367		(32,460)		(131,796)		467,148			322		467,470
Foreign currency adjustment	-		-		(1,022)		-		(1,022)			(3)		(1,025)
Tax on currency adjustments and effect of changes in tax rates	-		-		-		-		-			-		-
Total income for the year recognized in equity	-		-		(1,022)		-		(1,022)			(3)		(1,025)
Net result for 2007	-		-		-		(8,422)		(8,422)			(16)		(8,438)
Total income for the year	-		-		(1,022)		(8,422)		((9,444)			(19)		(9,463)
Exercise of options	20		955		-		-		975			-		975
Share based compensation	-		-		-		5,222		5,222			-		5,222
Tax on items charged or credited to equity	-		-		-		-		-			-		-
Balance as of March 31, 2007	9,057		623,322		(33,482)		(134,996)		463,901			303		464,204

	Total attributable to ordinary equity holders of the parent
	Issued ordinary shares		Additional paid - in capital		Other reserves		Accumu-lated deficit and result		Total			Minority interest		Total
(in thousands of euros)
Balance as of January 1, 2006	8,962		617,844		(16,234)		(134,752)		475,820			-		475,820
Foreign currency adjustment	-		-		(3,161)		-		(3,161)			-		(3,161)
Tax on currency adjustments and effect of changes in tax rates	-		-		2,562		-		2,562			-		2,562
Total income for the year recognized in equity	-		-		(599)		-		(599)			-		(599)
Net result for the period	-		-		-		(10,985)		(10,985)			-		(10,985)
Total income for the year	-		-		(599)		(10,985)		(11,584)			-		(11,584)
Exercise of options	4		325		-		-		329			-		329
Cost offering 2005	-		12		-		-		12			-		12
Share based compensation	-		-		-		4,817		4,817			-		4,817
Tax on items charged or credited to equity	-		-		(318)		-		(318)			-		(318)
Balance as of March 31, 2006	8,966		618,181		(17,151)		(140,920)		469,076			-		469,076

Notes to the interim financial statements

0. Basis of preparation

These interim financial statements have been drawn up in compliance with International Accounting Standard 34. The accounting policies and methods of computation are consistent with those used for drawing up the financial statements as at December 31, 2006, except for the changes in segment reporting which are explained under Note 1. There have been no significant new accounting pronouncements

The following changes were made with respect to the presentation of certain financial information starting January 1, 2007. Comparative information for 2006 has been restated consistently.

• Previously the Company reported two segments (Europe and North America) and allocated corporate costs to these two segments. Beginning 2007 the Company is reporting in three regional segments and a corporate segment. Corporate costs are no longer allocated to other segments. The EMEA segment includes Europe, Middle East and Africa. The Americas segment includes the USA, Canada, Mexico and South America. The APAC segment includes Asia and Australia. The Corporate segment includes all corporate technology, marketing and other support activities. Revenues are initially allocated to the operating segments, based on the geography of the map data. Subsequently, intra- company commissions are used between operating segments to reflect costs of the customer and technical support.

• Previously expenses related to co-marketing activities were presented in the statement of operations as part of cost of revenue. Starting 2007 these expenses are reported as part of operating expenses. The impact of this restatement was a reduction of cost of revenue for the first quarter of €1.9 million (2006: €1.2 million) and a similar increase in other operating expense.

• Capitalized databases and tools were previously presented in the statement of cash flows as a reduction to net cash from operating activities. Starting 2007 these items are reflected as a cash outflow from investing activities. Capitalized databases and tools for the first quarter of 2007 were €2.8 million (2006: €2.1 million).

1. Segment information

As noted above Tele Atlas’ reports in three geographical segments plus a corporate segment. The following table provides the key financial results by segment for the three months ended March 2007 and March 2006.

	Three months ended March 31, 2007
	EMEA	Americas	APAC	Corporate	Total
Net Revenues	44,403	18,037	1,589	-	64,029
Adjusted EBITDA1	19,910	2,927	(2,279)	(15,439)	5,119
Share based compensation expense					(5,222)
Depreciation and amortization					(12,895)
Capitalized databases and tools					2,846
Operating result (loss)					(10,152)
Financial income, net					1,585
Share in result of associate					-
Net result on re-measurement of investment at fair value					602
Result (loss) before income taxes					(7,965)
Income tax					(473)
Net result (loss)					(8,438)

	Three months ended March 31, 2006
	EMEA	Americas	APAC	Corporate	Total
Net Revenues	39,205	16,662	648	-	56,515
Adjusted EBITDA1	15,300	2,115	(650)	(12,466)	4,299
Share based compensation expense					(4,817)
Depreciation and amortization					(12,539)
Capitalized databases and tools					2,100
Operating result (loss)					(10,957)
Financial income, net					995
Share in result of associate					(37)
Net result on re-measurement of investment at fair value					(103)
Result (loss) before income taxes					(10,102)
Income tax					(883)
Net result (loss)					(10,985)

1 Adjusted EBITDA is the operating result before capitalization, depreciation and amortization and before costs related to IFRS 2 Share-based Payments. The company uses Adjusted EBITDA to measure performance.

Revenues per product segment

	Three months ended March 31, 2007
	EMEA	Americas	APAC	Total
Automotive navigation	8,270	2,774	485	11,529
Data products navigation	4,248	46	42	4,336
Personal navigation	27,230	5,002	15	32,247
Enterprise and government1	2,057	9,371	-	11,428
Other segments1	2,057	2,432	-	4,489
	43,862	19,625	542	64,029
Intra-company Commissions	541	(1,588)	1,047	-
Net Revenue Total	44,403	18,037	1,589	64,029

	Three months ended March 31, 2006
	EMEA	Americas	APAC	Total
Automotive navigation	10,483	1,633	456	12,572
Data products navigation	5,760	101	-	5,861
Personal navigation	18,559	1,919	141	20,619
Enterprise and government1	2,694	10,564	40	13,298
Other segments1	1,613	2,552	-	4,165
	39,109	16,769	637	56,515
Intra-company Commissions	96	(107)	11	-
Net Revenue Total	39,205	16,662	648	56,515

2. Stock options

The following table summarizes movements in stock options during the period:

Total stock options per January 1, 2007		7,708,783
Granted options		394,500
Exercised options		(192,175)
Forfeited options		(142,250)
Total stock options per March 31, 2007		7,768,858

The total number of vested options per March 31, 2007 was 3,373,104 (December 31, 2006: 3,035,143).

3. Shareholders’ positions of Corporate Bodies

The Supervisory Board members and the Statutory Directors of Tele Atlas N.V. held the following number of shares and vested share options in Tele Atlas N.V. as of March 31, 2007

Statutory Directors Tele Atlas NV	Shares				Vested Options
Alain De Taeye	28,369				514,063
George Fink	-				339,053
Supervisory Board	Shares				Vested Options
Wim Dik	300				5,938
Bandel Carano	-				12,500
Charles Cotton	-				16,250
Stephan Rojahn	-				3,750
Peter Morris	-				12,500
George Schmitt	-				26,250
Joost Tjaden	8,563				12,500

Annex to the Interim Financial Statements

As discussed in note 0 to the interim financials statements, certain changes were made to the presentation of financial information starting January 1, 2007. Comparative 2006 financial information was restated consistently. The table below summarizes restated key figures per quarter by operating segment.

	2006 quarter ended				2006	2007 quarter ended
Company	March 31	June 30	Sept 30	Dec 31	Full Year	March 31
Revenue	56,515	59,980	64,985	82,827	264,307	64,029
Cost of Revenue	6,339	6,228	5,990	7,116	25,673	6,433
Operating Expense	45,877	46,439	47,848	54,709	194,873	52,477
Adjusted EBITDA	4,299	7,313	11,147	21,002	43,761	5,119

	2006 quarter ended				2006	2007 quarter ended
EMEA	March 31	June 30	Sept 30	Dec 31	Full Year	Q1
Net Revenue	39,205	43,954	49,246	60,550	192,955	44,403
Cost of Revenue	5,751	5,409	4,710	5,225	21,095	4,769
Operating Expense	18,154	18,534	18,528	21,322	76,538	19,724
Adjusted EBITDA	15,300	20,011	26,008	34,003	95,322	19,910

	2006 quarter ended				2006	2007 quarter ended
Americas	March 31	June 30	Sept 30	Dec 31	Full Year	Q1
Net Revenue	16,662	14,885	14,792	19,814	66,153	18,037
Cost of Revenue	350	637	876	1,673	3,536	1,326
Operating Expense	14,197	13,837	13,272	14,842	56,148	13,784
Adjusted EBITDA	2,115	411	644	3,299	6,469	2,927