1 reference document pursuant to regulation 95 01 the commission des opérations de bourse registered this on june 20th 2003 under no r03 138 may be used in connection with a financial operation only when accompanied by note d opération securities approved was prepared issuer and binds its signatories registration carried out following an examination of suitability consistency information provided about company s position does not constitute authentication accounting data presented copies are available at business address gameloft sa 35 rue greneta 75002 paris office warning french cob draws public attention facts change presentation statements regard research development expenses 4 appendix recurring consolidated losses group 23 million euros end 16 month fiscal year ended 31 december 2002 after 66 millions auguest 2001 negative shareholders equity 5 vs 10