TIE Holding

Investors in the Ordinary Shares of TIE Holding N.V. are reminded that their investment carries financial risks. Investors should therefore take careful notice of the entire contents of and disclosures in the Report and the Financial Statements 2006 (October 1, 2005-September 30, 2006) and this section of the Corporate Website.

Cautionary Statement on Forward-Looking Information
Certain statements contained in the Annual Report and this section of the Corporate website are “forward-looking statements”. 

Such statements may be identified by among others:
• The use of forward-looking wording such as ”believes”, “expects”, “may”, “anticipates” or similar expressions;
• By discussions of strategy that involve risks and uncertainties;
• By discussions of future developments with respect to the business of TIE Holding NV.

In addition, from time to time, TIE Holding NV, or its representatives have made or may make forward-looking statements orally or in writing. Furthermore, such forward-looking statements may be included in, but are not limited to, press releases or oral statements made by or with approval of an authorized executive officer of TIE Holding NV.

Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied in such statements. Important factors which could cause actual results to differ materially from the information set forth in any forward-looking statements include, but are not limited to:

• General economic conditions
• Performance of financial markets
• Levels of interest rates
• Currency exchange rates
• Changes in laws and regulations
• Changes in policies of Dutch and foreign governments, and
• Competitive factors, on a national and/or global scale
• TIE’s ability to attract and retain qualified management and personnel
• TIE’s ability to successfully complete ongoing research & development efforts
• TIE’s ability to integrate acquisitions and manage the continuous growth of the company
• TIE’s ability to anticipate and react to rapid changes in the market

Many of these factors are beyond TIE’s control or ability to predict. Given these uncertainties, investors are cautioned not to place undue reliance on any forward-looking statement.