Back to top

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.

Press Contact:

Thierry FUNCK-BRENTANO - Tél. : 01 40 69 16 34 - e-mail :

Investor Relations Contact:

Laurent CAROZZI - Tél. : 01 40 69 18 02 - e-mail :

Email alert

To receive institutional press releases from the Lagardère group, please complete the following fields: