The Bank of New York
101 Barclay Street, 22nd Floor
New York, NY 10286


June 28, 2006




Securities & Exchange Commission
450 Fifth Street, NW
Washington, DC 20549

Attn.: Document Control



RE:	American Depositary Shares evidenced
by American Depositary Receipts, each
representing one-half an Ordinary Shares of
Genesys S.A.
(Form F-6 File No 333-109041)



Ladies and Gentlemen:

Pursuant to Rule 424(b)(3) under the Securities
Act of 1933, as amended, on behalf of The Bank
of New York, as Depositary for securities
against which American Depositary Receipts are
to be issued, we attach a copy of the new
prospectus (Prospectus) reflecting the ratio
change of Genesys SA, from one American
Depositary Receipt representing one-half of an
Ordinary Share of Genesys SA to one American
Depositary Receipt representing one Ordinary
Share of Genesys SA, effective June 29, 2006.

As required by Rule 424(e), the upper right hand
corner of the Prospectus cover page has a
reference to Rule 424(b)(3) and to the file
number of the registration statement to which
the Prospectus relates.

Pursuant to Section III. B. of the General
Instructions to the Form F-6 Registration
Statement, the Prospectus consists of the ADR
certificate with revised ratio of one American
Depositary Receipt equals one Ordinary Share
of Genesys SA.

The Prospectus has been revised to reflect the
new name of cents by addition of the following
notation:

Effective June 29, 2006, One ADR equals
One Ordinary Share.

Please contact me with any questions or
comments at 212 815-4244.