PSA Peugeot-Citroen Expands Use of Auction Activities via the Ariba Sourcing Solution

PARIS & SUNNYVALE, Calif.--Feb. 2, 20054, 2005--Ariba(R), Inc. , the leading spend management solutions provider, today announced that PSA Peugeot-Citroen, Europe's second-largest passenger car and light vehicle manufacturer, has migrated its auction activities to the latest version of the Ariba Sourcing(TM) solution platform in order to further increase savings across the company.

"We are long-time believers in the benefits of automated sourcing, as our results have proven time and time again since 2002," said Annick Gentes-Kruch, director of PSA's B2B Division. "After years of fruitful experience, we have now migrated to the Ariba Sourcing(TM) platform, which has the functionalities, robustness and flexibility we were targeting for the long term. Furthermore, Ariba's development capabilities have helped establish a clear leadership in the strategic sourcing space. The company has proven to be a reliable partner to PSA."

Dave McCormick, president of Ariba, said, "By using the Ariba Sourcing platform, PSA Peugeot-Citroen has shown that it understands the strategic importance of optimizing its cost structure through use of spend management technology and services. The company has realized firsthand the benefits of extending its strategic sourcing initiative across the company to increase bottom line results."

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About PSA Peugeot-Citroen

PSA Peugeot-Citroen is an automotive group of global dimensions. A company with significant technological, industrial and commercial activities, it draws strength from its two volume brands, Peugeot and Citroen, as well as from the skills of its 207,200 employees worldwide, and its stable shareholder base.

PSA Peugeot-Citroen sold 3,375,000 vehicles in 2004, an increase of 2.7% on the previous year, against the backdrop of a stable French market and the many promotional offerings on the European market.

PSA Peugeot-Citroen is continuing to pursue growth, primarily through the extensive renewal of its vehicle ranges. The Group will continue to innovate, design and manufacture vehicles on a daily basis in order to meet the needs of customers worldwide, and to make the Peugeot and Citroen brand names synonymous with progress.

About Ariba, Inc.

Ariba, Inc. is the leading provider of Spend Management solutions to help companies realize rapid and sustainable bottom line results. Successful companies around the world in every industry use Ariba Spend Management software and services. Ariba can be contacted in the U.S. at 650-390-1000 or at www.ariba.com.