Non-IFRS Financial Information

Readers are cautioned that the supplemental non-IFRS information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for IFRS measurements. Also, the Company’s supplemental non-IFRS financial information may not be comparable to similarly titled non-IFRS measures used by other companies. Further specific limitations for individual non-IFRS measures, and the reasons for presenting non-IFRS financial information, are set forth in the Company’s annual report for the year ended December 31, 2010 included in the Company’s 2010 Document de reference and 2011 Half Year Report filed with the AMF on April 1, 2011 and July 29, 2011, respectively.

In the tables accompanying this press release the Company sets forth its supplemental non-IFRS figures for revenue, operating income, operating margin, net income and diluted earnings per share, which exclude the effect of adjusting the carrying value of acquired companies’ deferred revenue, stock-based compensation expense, the expenses for the amortization of acquired intangible assets, other income and expense, net, certain one-time gains included in financial revenue and other, net, and the income tax effect of the non-IFRS adjustments and certain one-time tax effects in 2010. The tables also set forth the most comparable IFRS financial measure and reconciliations of this information with non-IFRS information.

Information in Constant Currencies

When the Company believes it would be helpful for understanding trends in its business, the Company provides percentage increases or decreases in its revenue (in both IFRS as well as non-IFRS) to eliminate the effect of changes in currency values, particularly the U.S. dollar and the Japanese yen, relative to the euro. When trend information is expressed herein "in constant currencies", the results of the "current" period have first been recalculated using the average exchange rates of the comparable period in the preceding year, and then compared with the results of the comparable period in the preceding year.

This press release constitutes the quarterly financial information required by article L.451-1-2 IV of the French Monetary and Financial Code (Code Monétaire et Financier).

About Dassault Systèmes

As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systèmes brings value to more than 130,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes applications provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Systèmes portfolio consists of CATIA for designing the virtual product - SolidWorks for 3D mechanical design - DELMIA for virtual production - SIMULIA for virtual testing - ENOVIA for global collaborative lifecycle management, EXALEAD for search-based applications and 3DVIA for online 3D lifelike experiences. For more information, visit http://www.3ds.com.

CATIA, DELMIA, ENOVIA, EXALEAD, SIMULIA, SolidWorks and 3D VIA are registered trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries.

TABLE OF CONTENTS

Non-IFRS key figures

Condensed consolidated statements of income

Condensed consolidated balance sheets

Condensed consolidated cash flow statements

IFRS – non-IFRS reconciliation

DASSAULT SYSTEMES

NON-IFRS KEY FIGURES

(unaudited; in millions of Euros, except per share data, headcount and exchange rates)

Non-IFRS key figures exclude the effects of adjusting the carrying value of acquired companies’ deferred revenue, stock-based compensation expense, amortization of acquired intangible assets, other operating income and expense, net and certain one-time financial revenue gains and the income tax effects of these non-IFRS adjustments and certain one-time income tax effects in 2010.

Comparable IFRS financial information and a reconciliation of the IFRS and non-IFRS measures are set forth in the separate tables within this Attachment.

		Three months ended								Nine months ended
		September 30, 2011		September 30, 2010		Change		Change in cc*		September 30, 2011		September 30, 2010		Change		Change in cc*
Non-IFRS Revenue		€ 432.9		€ 408.8		6%		9%		€ 1,271.4		€ 1,112.7		14%		17%
Non-IFRS Revenue breakdown by activity
Software revenue		394.3		371.9		6%		10%		1,155.3		1,004.4		15%		17%
of which new licenses revenue		100.2		96.6		4%		7%		309.6		258.1		20%		22%
of which periodic licenses, maintenance and product development revenue		294.1		275.3		7%		10%		845.7		746.3		13%		16%
Services and other revenue		38.6		36.9		5%		8%		116.1		108.3				9%
Recurring software revenue		292.1		274.9		6%		10%		842.6		745.6		13%		15%
Non-IFRS software revenue breakdown by   product line
PLM software revenue		309.9		292.1		6%		9%		905.4		775.7		17%		19%
of which CATIA software revenue		182.6		175.7		4%		7%		542.7		464.5		17%		19%
of which ENOVIA software revenue		55.3		52.6		5%		10%		159.2		137.3		16%		19%
Mainstream 3D software revenue		84.4		79.8		6%		11%		249.9		228.7		9%		13%
Non-IFRS Revenue breakdown by geography
Americas		116.0		118.7		(2%)		7%		353.2		327.7		8%		15%
Europe		200.7		174.5		15%		15%		575.9		490.5		17%		18%
Asia		116.2		115.6		1%		3%		342.3		294.5		16%		17%
Non-IFRS operating income		€ 138.4		€ 114.5		21%				€ 374.7		€ 293.1		28%
Non-IFRS operating margin		32.0%		28.0%						29.5%		26.3%
Non-IFRS net income		95.3		79.3		20%				253.7		200.8		26%
Non-IFRS diluted net income per share		€ 0.77		€ 0.65		18%				€ 2.05		€ 1.67		23%
Closing headcount		9,481		8,892		7%				9,481		8,892		7%
Average Rate USD per Euro		1.41		1.29		9%				1.41		1.31		7%
Average Rate JPY per Euro		109.8		110.7		(1%)				113.2		117.7		(4%)
*In constant currencies

DASSAULT SYSTEMES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (IFRS)

(unaudited; in millions of Euros, except per share data)

		Three months ended				Nine months ended
		September 30,		September 30,		September 30,		September 30,
		2011		2010		2011		2010
New licenses revenue		100.2		96.6		309.6		258.1
Periodic licenses, maintenance and product development revenue		294.0		270.1		845.2		734.7
Software revenue		394.2		366.7		1,154.8		992.8
Services and other revenue		38.6		36.9		116.1		108.3
Total Revenue		€ 432.8		€ 403.6		€ 1,270.9		€ 1,101.1
Cost of software revenue (excluding amortization of acquired intangibles)		(18.7)		(19.6)		(56.5)		(55.4)
Cost of services and other revenue		(40.6)		(36.2)		(126.5)		(106.3)
Research and development		(80.7)		(83.8)		(240.7)		(244.4)
Marketing and sales		(127.6)		(128.5)		(387.1)		(342.1)
General and administrative		(33.8)		(31.5)		(100.6)		(88.4)
Amortization of acquired intangibles		(20.7)		(20.9)		(62.5)		(48.3)
Other operating income and expense, net		(2.5)		(7.3)		(4.8)		(18.9)
Total Operating Expenses		(€ 324.6)		(€ 327.8)		(€ 978.7)		(€ 903.8)
Operating Income		€ 108.2		€ 75.8		€ 292.2		€ 197.3
Financial revenue and other, net		1.8		(4.4)		6.2		(2.0)
Income before income taxes		110.0		71.4		298.4		195.3
Income tax expense		(33.1)		(16.0)		(93.3)		(53.4)
Net Income		76.9		55.4		205.1		141.9
Minority interest		(0.5)		0.0		(0.6)		(0.1)
Net Income attributable to equity holders of the parent		€ 76.4		€ 55.4		€ 204.5		€ 141.8
Basic net income per share		0.63		0.47		1.69		1.20
Diluted net income per share		€ 0.62		€ 0.46		€ 1.65		€ 1.18
Basic weighted average shares outstanding (in millions)		121.4		119.1		121.3		118.6
Diluted weighted average shares outstanding (in millions)		123.7		121.5		123.9		120.0
		Three months ended September 30, 2011				Nine months ended September 30, 2011
		Change*		Change in cc**		Change*		Change in cc**
IFRS Revenue		7%		11%		15%		18%
IFRS Revenue by activity
Software Revenue		7%		11%		16%		19%
Services and other Revenue		5%		8%		7%		9%
IFRS Software Revenue by product line
PLM software revenue		8%		11%		18%		21%
of which CATIA software revenue		6%		9%		19%		21%
of which ENOVIA software revenue		7%		12%		18%		21%
Mainstream 3D software revenue		6%		11%		9%		13%
IFRS Revenue by geography
Americas		(0%)		9%		9%		17%
Europe		16%		16%		18%		18%
Asia		2%		4%		18%		19%
* Variation compared to the same period in the prior year. ** In constant currencies.

DASSAULT SYSTEMES

CONDENSED CONSOLIDATED BALANCE SHEETS (IFRS)

(unaudited; in millions of Euros)

		September 30,		December 31,
		2011		2010
ASSETS
Cash and cash equivalents		1,124.3		976.5
Short-term investments		203.8		162.6
Accounts receivable, net		352.6		413.5
Other current assets		134.7		120.6
Total current assets		1,815.4		1,673.2
Property and equipment, net		104.7		66.4
Goodwill and Intangible assets, net		1,219.8		1,233.3
Other non current assets		117.2		98.9
Total Assets		€ 3,257.1		€ 3,071.8
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable		85.3		93.1
Unearned revenues		454.6		387.0
Other current liabilities		312.6		295.0
Total current liabilities		852.5		775.1
Long-term debt		289.2		293.4
Other non current obligations		208.5		211.5
Total long-term liabilities		497.7		504.9
Minority interests		17.2		1.0
Parent shareholders' equity		1,889.7		1,790.8
Total Liabilities and Shareholders' equity		€ 3,257.1		€ 3,071.8

DASSAULT SYSTEMES

CONDENSED CONSOLIDATED CASH FLOW STATEMENTS (IFRS)

(unaudited; in millions of Euros)

		Three months ended						Nine months ended
		September 30, 2011		September 30, 2010		Change		September 30, 2011		September 30, 2010		Change
Net Income attributable to equity holders of the parent		76.4		55.4		21.0		204.5		141.8		62.7
Minority interest		0.5		0.0		0.5		0.6		0.1		0.5
Net Income		76.9		55.4		21.5		205.1		141.9		63.2
Depreciation of property & equipment		6.8		5.9		0.9		19.0		17.3		1.7
Amortization of intangible assets		21.7		22.0		(0.3)		65.3		51.4		13.9
Other non cash P&L Items		(2.2)		13.7		(15.9)		(1.7)		15.6		(17.3)
Changes in working capital		(2.1)		(45.9)		43.8		94.7		90.5		4.2
Net Cash provided by operating activities		101.1		51.1		50.0		382.4		316.7		65.7
Addition to property, equipement and intangibles		(32.6)		(8.6)		(24.0)		(54.9)		(28.7)		(26.2)
Payments for acquisition of businesses, net of cash acquired		(2.8)		(0.9)		(1.9)		(32.3)		(465.7)		433.4
Sale of fixed assets		0.2		0.3		(0.1)		0.3		1.0		(0.7)
Sale (purchase) of short term investments, net		81.3		(0.7)		82.0		(40.3)		41.6		(81.9)
Loans and others		(0.7)		(1.4)		0.7		(3.3)		(1.3)		(2.0)
Net Cash provided by (used in) investing activities		45.4		(11.3)		56.7		(130.5)		(453.1)		322.6
Proceeds (Repayments) of short-term and long-term debt		5.5		0.0		5.5		(7.3)		115.0		(122.3)
Share repurchase		(54.4)		(5.7)		(48.7)		(226.7)		(7.2)		(219.5)
Exercise of DS stock option		19.9		15.0		4.9		198.9		39.8		159.1
Cash dividend paid		0.0		0.0		0.0		(65.8)		(54.5)		(11.3)
Net Cash provided by (used in) financing activities		(29.0)		9.3		(38.3)		(100.9)		93.1		(194.0)
Effect of exchange rate changes on cash and cash equivalents		40.6		(67.8)		108.4		(3.2)		24.8		(28.0)
Increase in cash and cash equivalents		158.1		(18.7)		176.8		147.8		(18.5)		166.3
Cash and cash equivalents at beginning of period		966.2		939.3				976.5		939.1
Cash and cash equivalents at end of period		1,124.3		920.6				1,124.3		920.6

DASSAULT SYSTEMES

SUPPLEMENTAL NON-IFRS FINANCIAL INFORMATION

IFRS – NON-IFRS RECONCILIATION

(unaudited; in millions of Euros, except per share data)

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