Termination of class action against Lagardère in the United States.
Paris, August 11, 2008
As the press has reported, on June 13, 2008, Dreier LLP announced that it, on behalf of Ms. Danièle Bobin as plaintiff and as a representative of purchasers of shares in EADS NV during the period of May 9, 2005, to March 11, 2008, inclusive, had filed a complaint in the United States District Court for the Southern District of New York against Lagardère and other defendants. The complaint alleged that Lagardère, Daimler and certain EADS directors had violated the Securities Exchange Act of 1934.
On August 4, 2008, the plaintiff terminated this action. This case has thus been dismissed.
Since June 13, 2008, no other plaintiffs have filed any actions against Lagardère before the United States District Court for the Southern District of New York.
Lagardère SCA, which has always believed that this case was defective and without foundation, is pleased with this dismissal which marks the end of the case brought against it.
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.
The Group also has a 10% stake in EADS.
Lagardère shares are listed in Paris on Eurolist by Euronext – Compartment A.
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