Market and TomTom outlook 2009

End user demand continued to develop in line with our expectations in both Europe and North America. For the full year 2009, the European and North American PND market sizes are expected to be approximately 15 million and 17 million units respectively.

We are ahead of schedule to achieve our €90 million operating expenses savings target when comparing operating expenses in 2009 to the 2008 full year pro forma operating expenses of €627 million.

 Updated by TomTom IR October 2009