T-Online – 2.5% exchangeable bonds
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.
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