T-Online – 2.5% exchangeable bonds

Category

Finance

Paris, April 13, 2005

Lagardère SCA announces that it has repurchased, during the period between February 14, 2005 and March 18, 2005, an additional nominal amount of €114,919,000 of its outstanding 2.50 per cent exchangeable bonds into T-Online International AG shares due 2005 (the “Bonds”), in addition to the nominal repurchased amount of €592,000,000 it has announced on February 8, 2005. The repurchases occurred in off-market transactions. The repurchased Bonds have been cancelled in accordance with the terms of the Trust Deed dated 1 July 2002 pursuant to which they were issued. To date, Lagardère SCA has repurchased a nominal amount of €706,919,000 of its Bonds, representing 92 per cent of the total amount of the Bonds issued.


The LAGARDERE Group is a market leader in the media sector (books, press, audiovisual, and distribution/retailing of cultural products). The Group also has interests in the high technology sector via a 15.097% equity stake in EADS.
The Group posted revenues of €13,389m in 2004, and employs 47,300 people in over 40 countries.
The LAGARDERE Group is listed on the Premier Marché of the Paris Bourse.

Press Contact:

Thierry FUNCK-BRENTANO - Tél. : 01 40 69 16 34 - e-mail : tfb@lagardere.fr

Investor Relations Contact:

Laurent CAROZZI - Tél. : 01 40 69 18 02 - e-mail : lcarozzi@lagardere.fr

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