Revenue represents 29% increase from same quarter last year; quarterly highlights include new agreements in wireless segment, coverage expansion

‘s-Hertogenbosch, The Netherlands, 30 October 2006 – 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 third quarter of 2006.

Third Quarter Highlights:

• Revenues increased 29% to a record €65.0 million (Q3 2005: €50.5 million)

• Record Adjusted EBITDA of €11.1 million (Q3 2005: €1.7 million)

• Net loss increased to €17.8 million due in part to non-operating charges related to expansion of China activities. (Q3 2005: loss €9.8 million)

• 81% increase in personal navigation year over year showing continued strong growth in market

• New agreements with Nokia to provide maps for Nokia N95, and RIM for BlackBerry Pearl

• Expansion of presence in China with Changdi Youhao Mapping Technologies Co., Ltd. distribution agreement

Key Figures (Asia Pacific information included with Europe)

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

Alain De Taeye, Chief Executive Officer, said: “These results confirm that Tele Atlas’ approach to deliver digital maps to multiple markets, including the wireless, personal navigation, Internet, automotive and enterprise/public sector segments is creating a solid foundation for the Company’s growth. This quarter, we signed important contracts in the wireless market with Nokia and Research in Motion (RIM) and in the PDA/personal navigation segment with Hewlett Packard (HP). We also expanded coverage in Europe and took a major step forward in Asia. The digital map that was once car centric is becoming user centric, and is now easily accessible to millions of personal navigation system and mobile phone users around the world. We’re proud that Tele Atlas is at the very center of these trends.”

Hardie Morgan, Chief Financial Officer, says: “We had an outstanding third quarter and are on track to meet our full year guidance for revenue and EBITDA. The demand for our products is growing and we believe we continue to create a solid base for future growth.”

Financial Highlights

Revenues

Tele Atlas NV, announced revenues of €65.0 million in the third quarter of 2006, compared to €50.5 million in the same period of 2005, an increase of 29%. European revenues for the third quarter rose by 35% to 50.2 million from €37.0 million for the same period in 2005. This increase was primarily the result of strong growth in the personal navigation segment. North American revenues increased by 10% to €14.8 million from €13.5 million for the same period in 2005, largely as a result of growth in the in-car navigation segment and the personal navigation segment.

Operating Expenses

Excluding depreciation, amortization, capitalization and employee stock option expense, adjusted operating expenses increased by 10% in the third quarter of 2006 to €53.8 million from €48.9 million in the same period of 2005. Depreciation and amortization decreased from €12.8 million in the third quarter of 2005 to €12.6 million in the third quarter of 2006. Capitalization of database and tool development costs, which is treated as a reduction of operating expenses, decreased to €2.9 million from €7.2 million in the same period of the previous year. Employee stock option expense amounted to €6.8 million for the third quarter of 2006 versus €6.5 million for the third quarter of 2005. Including depreciation, amortization and employee stock option expense, total operating expenses increased by 7% in the third quarter of 2006 to €73.2 million from €68.1 million in the third quarter of 2005.

Cost of revenue increased by 6% to €7.8 million in the third quarter from €7.4 million in the same period in 2005. Cost of revenue decreased as a percentage of revenue in the third quarter as a result of reduced costs in connection with the phase out of compilation and conversion revenues.

Results

The earnings before interest, taxes, depreciation, amortization, share based payments and capitalization of database and tool development costs (Adjusted EBITDA) for the third quarter of 2006 grew to €11.1 million from €1.7 million for the same period in 2005. Adjusted EBITDA from European operations after allocation of corporate expenses increased to €16.3 million for the third quarter of 2006 from €8.8 million in the same period in 2005 as a result of increased sales revenues. The third quarter Adjusted EBITDA loss in North America, after allocation of corporate expenses, improved to a loss of €5.2 million in 2006 compared to a loss of €7.1 million in 2005 as a result of increased revenues.

In connection with our expansion in China and the combination of the operations of Tele Atlas’ Chinese joint venture partner, Shanghai Changxiang Computer Co., Ltd. (SIS) with Tele Atlas’ new data partner, Changdi Youhao Mapping Technologies Co., Ltd. and the acquisition of complete ownership of the Tele Atlas/SIS Chinese marketing and sales joint venture, “NaviAtlas”, Tele Atlas incurred a restructuring charge of €10.1 million. This amount has been reflected as a loss on investment in subsidiary.

The consolidated operating result (EBIT) for the third quarter was a loss of €5.3 million, compared to a loss of €10.3 million in the same period of the previous year. The decrease was due in large part to the improved Adjusted EBITDA with offsets from a decrease in capitalization of database development costs and an increase in expenses related to share-based compensation.

Tele Atlas’ consolidated after tax net loss during the third quarter of 2006 was €17.8 million, compared with a net loss for the same period in 2005 of €9.8 million due in part to non-operating charges related to expansion of our Chinese activities.

Third Quarter Operational Highlights

Tele Atlas announced agreements with leading providers Nokia, Hewlett-Packard and Research in Motion. These agreements offer significant growth potential and will help support the company’s long term growth ambitions.

Personal Navigation

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

During the third quarter of 2006, worldwide revenues in the personal navigation segment increased by 81% to €33.6 million, compared to €18.5 million in the same quarter of the previous year. This represents approximately 2.0 million units sold compared to approximately 1.1 million units sold in the third quarter of 2005, an 81% increase.

European personal navigation revenues for the quarter were €30.9 million, an increase of 87% compared to the same period in the prior year. North American personal navigation revenues grew 30% to €2.6 million compared to the third quarter in 2005.

Hewlett-Packard selected Tele Atlas as the map provider for its iPAQ rx5900 Travel Companion. The device includes pre-installed Tele Atlas digital maps and TomTom’s NAVIGATOR 6 software.

Tele Atlas partner TomTom launched the TomTom ONE in North America and the TomTom ONE regional version in Europe, both powered by maps from Tele Atlas. Tele Atlas is TomTom’s preferred map supplier and supplies the digital maps for the company’s GO, NAVIGATOR 6, and WORK products.

The personal navigation segment has continued its strong growth in the third quarter of 2006, and the number of active companies in this market continues to grow. Going forward, we’re confident, barring unforeseen circumstances, that the market will grow in excess of 70% in 2006 compared to 2005.

Automotive Navigation

Tele Atlas supplies its maps in the automotive market through partners such as Blaupunkt, Becker, Denso, Pioneer and Siemens VDO to leading automobile brands such as Audi, Bentley, Cadillac, Chevrolet, Fiat, Ford, Maserati, Mercedes, Seat, Skoda, Toyota and VW.

Worldwide revenues in the segment were flat year over year at €12.5 million. European revenue in this segment was €9.8 million, a 12% decrease from the €11.2 million in the prior year. As previously announced Tele Atlas is phasing out its compilation and conversion activities. The impact of this phase out in the quarter was an approximately €3.0 million reduction in compilation and conversion revenues. This reduction was offset by a similar reduction in cost of revenues and operating expenses. North American automotive navigation revenue was €2.7 million, an increase of €1.4 million or 106% over the prior year, which resulted from growing sales to General Motors on the DENSO platform. The number of units sold in the automotive segment grew 33% from approximately 0.3 million units in the third quarter of 2005 to approximately 0.4 million this quarter. Revenues from automotive navigation data products, a segment that today exists primarily in Europe, decreased by 8% from €6.3 million in 2005 to €5.9 million in 2006 due to reduced demand for map updates for older CD based systems.

Enterprise and Government Segment

Tele Atlas continues to be the leading digital map supplier to the enterprise and government segment. Third quarter revenue for the enterprise and government sector (business-to-business) decreased slightly to €10.2 million compared to €10.3 million in the same period of last year mainly as a result of changes in exchange rates. Revenue in this segment in North America decreased by 2% to €8.4 million. European revenue in this segment was €1.8 million, level with the same period in the prior year.

The company announced contracts with the California Department of Transportation and the Department of Public Safety in the State of Connecticut, expanding the number of license agreements to 41 states. Government agencies such as those in California and Connecticut trust Tele Atlas digital map data to guide and enhance the efficiency of emergency response teams and transportation agencies.

Thanks to the ongoing digitalization of government and business operations, demand for digital maps in this segment has grown at a steady pace for several years and is expected to continue to do so in the medium term.

Internet/Wireless

Tele Atlas is a leading supplier of maps in the wireless market, and new agreements with Nokia and RIM solidified this position during the quarter.

Tele Atlas was selected by Nokia to provide the digital map data for the Nokia N95, the company’s first GPS-enabled multimedia device. The N95 leverages Tele Atlas digital maps and related content and provides basic mapping and simple routing functionality to initiate local searches in more than 100 countries. Users will have the option to upgrade to full navigation features, which will produce an additional revenue stream for Tele Atlas.

RIM selected Tele Atlas map data to provide mapping and location based services for its BlackBerry Maps application, featured in the new BlackBerry Pearl smartphone. This teaser application provides the same kind of routing capabilities found in Internet applications. More importantly, Tele Atlas maps have been linked to the RIM application developer toolkit, which is designed to encourage developers to create location based services applications for BlackBerry devices.

Revenue in the other segments, consisting of Internet and consumer wireless markets, remained unchanged at €2.8 million.

Tele Atlas is well positioned in the growing wireless market, with Nokia as the first large handset manufacturer to launch GPS integrated devices this quarter. Mass market penetration is expected to emerge in the short to medium term.

Coverage Advances

Tele Atlas released its initial products resulting from the integration of the Tele Atlas and GDT North American databases during the second quarter, and the data was incorporated into such products as the new HP iPAQ rx5900. An additional release to the entire North American customer base was made in October 2006. The combination of these two datasets has greatly improved the coverage, content and quality of Tele Atlas’ North American database and resulted in the addition of many new features. Extensive field testing by Tele Atlas and some of our customers confirms that this new dataset is the freshest, richest and most accurate database of North America available.

The company’s expansion across the Asia Pacific region continued, with the opening of a joint venture with PT Navindo Technologies in Indonesia. The business partnership between Tele Atlas and PT Navindo centers on delivering a highly accurate digital map database of Indonesia and on in-country marketing and sales activities.

Tele Atlas also significantly expanded its presence in China, consistent with the company’s strategy to expand in the Asia Pacific region. The operations of current mapping partner SIS are being combined with those of Changdi Youhao Mapping Technologies Co., Ltd. and Tele Atlas is acquiring the remaining 75% of the Tele Atlas/SIS joint venture ,”NaviAtlas”, to make that company a wholly owned subsidiary of Tele Atlas. NaviAtlas will function as Tele Atlas’ marketing and sales company in China. In connection with this transaction, a restructuring charge of €10.1 million was incurred and has been reflected as a loss on investment. In addition, Tele Atlas incurred €0.8 million in professional fees related to the transaction that have been charged to operating expenses and therefore reduce Adjusted EBITDA by a similar amount.

We believe that the transaction, which includes a distribution and technology agreement with Changdi, gives Tele Atlas a very strong position in China and allows the company to offer the most complete Chinese map database available with government-approved coverage of all 337 Chinese cites. This agreement accelerates Tele Atlas’ ability to support global customers as they expand into the burgeoning China market.

Coverage expansion also continued across Europe. Tele Atlas added detailed Ireland and Northern Ireland maps to the existing European database, which now covers more than 7.8 million kilometers, reaches more than 386 million inhabitants, includes 1.7 million ‘standard’ points-of-interest (POIs) and nearly 90 percent of all house numbers across the region. More than 40 countries are now fully represented in the Tele Atlas digital map database.

Full Year Outlook

Previous 2006 full year guidance of approximately €250 million in revenues, Adjusted EBITDA of approximately €40 million and operating loss (EBIT) of approximately €33 million remain unchanged. These amounts exclude the impact of any acquisitions which may be completed in 2006. In the long term, our expectation remains that, barring unforeseen circumstances, we can grow revenues in excess of 20% on an annual basis for the next few years.

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.