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Analyst Coverage

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Financial institutions	Analysts
ABN AMRO	Paul GOODEN
AUREL LEVEN	Frédérique WERNER
CHEUVREUX	Arnaud FRERAULT, Laurent MARIE
CITIGROUP	Marc SUGARMAN, Andrew SIMMS
CM-CIC	Eric RAVARY
CREDIT SUISSE	Eleanor LAWFORD
DEUTSCHE BANK	Eric ELALOUF
EXANE	Charles BEDOUELLE
JP MORGAN	Filippo LO FRANCO
KEPLER	Conor O'SHEA
LEHMAN BROTHERS	Matthew WALKER, Tamsin GARRITY
MERRILL LYNCH	Julien ROCH
MF GLOBAL	Meg GELDENS
MORGAN STANLEY	Sarah SIMON, Edward STEEL
NATIXIS	Richard HOUBRON
ODDO	Brice MARI, Bruno HARENG
SOCIETE GENERALE	Christophe CHERBLANC
UBS	Polo TANG

The above list is provided for information purposes only. It comprises the analysts who, to our knowledge, cover Lagardère. Note, however, that we cannot guarantee the accuracy of this list nor can we guarantee that it is complete given that it may be subject to change from time to time.
It should be noted, in addition, that information, opinions, recommendations, estimates, forecast or conclusions made by these analysts do not reflect in any way the positions of Lagardère or its management, who shall not be bound by such information, opinions, recommendations, estimates, forecasts or conclusions.