PSA Peugeot Citroën and JSC Russian Railways (RZD) sign a contract to sell a 75% interest in GEFCO Business Wire PARIS -- November 05, 2012 Regulatory News: PSA Peugeot Citroën (Paris:UG): Philippe Varin, Chairman of the Managing Board of PSA Peugeot Citroën, and Vladimir Yakunin, President of JSC Russian Railways (RZD), signed a contract on Monday, 5November 2012 concerning the sale of shares representing 75% of the capital and voting rights of GEFCO S.A., the parent company of the GEFCO group. The completion of the transaction is now exclusively subject to relevant antitrust approvals and should take place before the end of the year. This agreement will enable GEFCO to step up its expansion by combining its strengths with those of JSC Russian Railways (RZD) and diversify its business base, thereby contributing to revenue growth. The new entity will be a global leader in diversified industrial supply chain logistics. Under the agreement, PSA Peugeot Citroën will sell a 75% interest in GEFCO to RZD for €800 million, after the payment by GEFCO to PSA Peugeot Citroën of special dividend of €100 million. PSA Peugeot Citroën With its two world-renowned brands, Peugeot and Citroën, PSA Peugeot Citroën sold 3.5million vehicles worldwide in 2011, of which 42% outside Europe. The second largest carmaker in Europe, it generated revenue of €59.9 billion during the year. PSA Peugeot Citroën has sales operations in 160 countries. In 2011, it allocated more than €2 billion to research and development, in particular in the field of new automotive propulsion technologies. PSA Peugeot Citroën is also involved in financing activities (Banque PSA Finance), logistics (GEFCO) and automotive equipment (Faurecia). For more information, please visit www.psa-peugeot-citroen.com Communications Department - 75 avenue de la Grande Armée - 75116 Paris Telephone (33 1) 40 66 42 00 - Fax (33 1) 45 00 54 52 www.psa-peugeot-citroen.com Contact: PSA Peugeot Citroën Press Relations Jean-Baptiste Thomas, +33 (0) 1 40 66 47 59 email@example.com or Cécile Damide, +33 (0) 1 40 66 53 89 firstname.lastname@example.org or Jean-Baptiste Mounier, +33 (0) 1 40 66 54 22 email@example.com
PSA Peugeot Citroën and JSC Russian Railways (RZD) sign a contract to sell a 75% interest in GEFCO
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