Refutation

Category

Corporate & other activities

Paris, April 27, 2006

The comments attributed to Arnaud Lagardère in the Nouvel Observateur of this date concerning Canal + are inaccurate and inadmissible.

As he has consistently stated, Arnaud Lagardère reaffirms his support for and his confidence in the teams of Canal +.

Furthermore, he affirms that the amount of the group’s capital stake in Canal + France is 6.7 billion euros, and not 9 billion euros.

He also affirms that the suppositions alluded to by the Nouvel Observateur concerning football rights are pure speculation.

Thierry Funck-Brentano - 33 (0)1 40 69 16 34 - tfb@lagardere.fr

Arnaud Molinié - 33 (0)1 40 69 16 72 - amolinie@lagardere.fr

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