FOR IMMEDIATE RELEASE

Océ Promotes Wilbert Verheyen to President and CEO of Océ Display Graphics Systems

SAN JOSE, CA, Jan. 21, 2004 ­ Océ (NASDAQ:OCENY) today announced the promotion of Wilbert Verheyen to president and chief executive officer of Océ Display Graphics Systems, Inc. Verheyen, who previously served as executive vice president, assumes the positions previously held by Rak Kumar, who is retiring from the company.

Océ Display Graphics Systems is a leading developer of production digital printing and imaging equipment. It manufactures a range of solutions specifically designed for the print-for-pay display graphics market, including the Océ Arizona line of outdoor durable printers and the Océ LightJet® family of photo laser printers. Océ Display Graphics Systems is a business group of the Wide Format Printing Systems strategic business unit of Océ N.V., based in The Netherlands. Its products are sold through Océ direct sales representatives and select distribution channels worldwide. In the U.S., Océ Display Graphics Systems products are available from the Océ North America Wide Format Printing Systems division in Chicago, IL.

Verheyen began his career with Océ in 1990 in Sales and Marketing. He has held various marketing and business management positions with Océ at its headquarters in Venlo, The Netherlands, and at two Océ operating companies, Océ North America in Chicago and Océ-Portugal in Lisbon. In 2002, Verheyen relocated to San Jose, CA, with his appointment to executive vice president of Océ Display Graphics Systems. He holds an MBA from the University of Leuven in Belgium and an undergraduate degree in business administration from the University of Nyenrode in The Netherlands.

“Display graphics is one of the strategic growth areas for Océ,” said Verheyen. “Océ is a 125-year old company, and many times in its history it has had to select new markets to target for growth. I am convinced we have a great opportunity to position Océ as one of the leading companies in this market. Our engineering team’s extensive inkjet expertise combined with our research and development reputation of building solid, reliable production printers gives us great potential.”

About Océ

Océ is a leading provider of digital document management technology and services. The company’s solutions are based on Océ’s advanced software applications that deliver documents and data over internal networks and the Internet to printing devices and archives -- locally and around the world. Supporting the workflow solutions are Océ digital printers and scanners, considered the most reliable and productive in the world. Océ also offers a wide range of display graphics, consulting and outsourcing solutions.

Netherlands-based Océ N.V. (NASDAQ: OCENY), with a workforce of more than 22,000 people and 2002 revenues of $3.2 billion, maintains research and manufacturing centers in the Netherlands, the United States, Germany, France, Belgium, the Czech Republic, and Japan. Océ’s North American headquarters is located in Chicago with major business units in Chicago; New York City; Boca Raton, FL; San Jose, CA; Salt Lake City; and Coventry, RI. North American revenues were $1.3 billion for fiscal 2002, and employment is currently 9,600.

For more information about Océ, visit www.oceusa.com. Outside the U.S., consult www.oce.com.

Océ Display Graphics Systems, Inc.
2811 ORCHARD PARKWAY
SAN JOSE, CA 95134
Phone: 408.232.4000
Fax:
E-Mail: kelli.ramirez@dgs.oceusa.com
Website URL: www.oceusa.com