Annual General Shareholders Meeting

Luxembourg, 29 April 2003 - Gemplus International S.A. (Euronext: Sicovam 5768 and NASDAQ:GEMP) held its annual ordinary general shareholders meeting today, followed by an extraordinary shareholders meeting.

All of the resolutions submitted to the ordinary general meeting were approved by a large majority. The 2002 financial statements of the Group were ratified.

The extraordinary general shareholders meeting adopted a resolution to eliminate cumulative voting for the election of Directors, thereby reverting to the standard majority rule for elections of Directors.

At a Board meeting immediately following the shareholders meeting, the Board agreed to provide continued financial support to certain of its wholly-owned subsidiaries in order for them to meet their contractual and financial obligations in the course of 2003, including the main French subsidiary of the Group Gemplus S.A.

Mr. Dominique Vignon, Chairman of the Board, stated : " The decision of the Board to provide continual to its French subsidiary shows the importance for the Group of the durability of those major elements of its production and Research & Development activity. "

About Gemplus

Gemplus (Euronext Paris SA: GEPL.PA; Sicovam: 005768; NASDAQ: GEMP) is the world's number one provider of smart card solutions.

Gemplus helps its clients offer an exceptional range of portable, personalised solutions that bring security and convenience to people's lives. These include mobile data services, inter-operable banking, identity, WLAN, m-commerce and a wealth of other applications. Gemplus is the only completely dedicated, truly global player in the Smart Card industry, with the largest R&D team, unrivalled experience, and an outstanding track record of technological innovation.

In 2001, Gemplus was the worldwide smart card leader in both revenue and total smart card shipments (source: Gartner-Dataquest, Frost & Sullivan). Gemplus was also awarded Frost & Sullivan's 2002 Market Value Leadership Award for its exceptional performance.

Gemplus' revenue in 2002 was 787 million Euros. It employs 5700 people in 37 countries throughout the world.

www.gemplus.com

Contacts:

Gemplus
Martin Crocker
Tel.: +33 4 42 36 30 46
Mobile: +33 (0) 6 85 07 66 41
Email: martin.crocker@gemplus.com

Investor Relations
Yves Guillaumot
Tel.: +41 22 544 50 65 
Email: yves.guillaumot@gemplus.com

Fineo
Anne Guimard
Tel.: +33 1 56 33 32 31
Email: guimard@fineo.com

Edelman
Stephen Benzikie
Tel.: +44 (0) 207 344 13 25 
Mob.: +44 (0) 774 003 89 29
Email: stephen.benzikie@edelman.com

Aurélie Sabatié
Tel. : +33 1 56 69 75 64
Email : aurelie.sabatie@edelman.com

©2003 Gemplus All rights reserved. Gemplus, the Gemplus logo and GemSense are trademarks and service marks of Gemplus S.A. and are registered in certain countries. All other trademarks and service marks, whether registered or not in specific countries, are the property of their respective owners.