Share Buyback Program

Category

Finance

Paris, October 16, 2008

Under the share buyback program, the company bought 3,073,236 of its own shares on the market during September and October 2008, representing 2.34% of the capital, for a total amount of €99,900,045. The average price was €32.51 per share.

Consequently, Lagardère SCA directly held 4,077,971 of its own shares as of October 10, 2008, representing 3.1% of the share capital and acquired at a total cost of €156,109,868.01, or an average of €38.28 per share.

Following the cancellation of 3,000,000 shares on July 21, 2008, the share capital of Lagardère SCA consists of 131,133,286 shares.

Effective October 15, 2008, Lagardère SCA has retained Crédit Agricole Cheuvreux to implement a liquidity contract for a renewable term of one year.

 

Lagardère is a pure media group (books, press, broadcast, digital, travel retail and press distribution, sports trading and sports rights), and is among the world leaders in the sector.
It also owns a 10% stake in EADS.
Lagardère shares are listed in Paris on Eurolist by Euronext – Compartment A.

Press Contacts :

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

Ramzi Khiroun - +33 (0)1 40 69 16 33 - rk@lagardere.fr

Investor Relations Contact :

Virginie Banet - +33 (0)1 40 69 18 02 - vbanet@lagardere.fr

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