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PagesJaunes Groupe Announces the Acquisition of Chronoresto, a Key Player in Ordering Meals Online



  PagesJaunes Groupe Announces the Acquisition of Chronoresto, a Key Player in
  Ordering Meals Online

    With This Acquisition, PagesJaunes Groupe is Accelerating Its Digital
               Development Strategy in the Restaurant Industry

Business Wire

SÈVRES, France -- January 8, 2013

Regulatory News:

  * Acquisition of Chronoresto, French key player in delivering meals and
    ordering take-away meals with 800 food service providers (independent
    entities, restaurant chains and portals, including Planet Sushi);
  * Synergies between the services of Chronoresto and the power of PagesJaunes
    Groupe (Paris:PAJ): possibility for professionals in the sector to expand
    their on-line ordering service through the media of the Group
    (pagesjaunes.fr, mappy.com, etc.) in addition to Chronoresto.fr. This is a
    new substantial business lever: 5 million orders were placed in 2012 for
    Internet-delivered food market, and this number should double in the next
    two years;
  * Enhancement of the Group's general public offer dedicated to food
    services, now with a complete set of services: searching for restaurants
    on pagesjaunes.fr and mobile phones, organizing dinners with the Rest’Oh!
    application, and now the possibility of ordering a meal online!

CHRONORESTO, A MAJOR ACTOR IN THE DELIVERY AND TAKE-AWAY MARKET

This start-up, number-two Internet portal in France in its field, founded in
2008 by Charles Dunston, had revenues up +54% in 2011 and +32% in 2012.
Chronoresto.fr has developed a multichannel offering – solutions for Internet,
mobile phones, tablets, connected TV – allowing a meal to be ordered from
locally-listed restaurants, from among 800 partner establishments in France.

PAGESJAUNES GROUPE IS COMPLETING ITS ECOSYSTEM OF DIGITAL OFFERS FOR
RESTAURANTS

PagesJaunes Groupe already offers digital marketing services such as creating
Internet and mobile websites, Facebook fan pages and videos for the food
services market. The company is now enhancing its offers with the Chronoresto
solution, a new business accelerator for professionals in the sector. And
Chronoresto will benefit from increased orders by becoming visible on all of
the Group's relevant media (pagesjaunes.fr, mappy.com, mobile applications).
Moreover, PagesJaunes Groupe's local sales force will enable the Chronoresto
website to increase its audience and business in the area.

THE USER EXPERIENCE IS ENRICHED BY BEING ABLE TO ORDER MEALS OVER THE INTERNET

By integrating Chronoresto, PagesJaunes Groupe will provide its users with a
new transactional function, thanks to its various forms of web and mobile
media. Fixed and mobile Internet users who are searching for a restaurant on
pagesjaunes.fr, on the mobile applications, or on mappy.com, will be able to
click on an "order" button and directly make a purchase, as such enriching
their user experience. This is now a comprehensive offer adapted to the new
"SOLOMO" consumption trends that the Group offers in food services: from
searching for good addresses to online ordering, including consulting
recommendations and organizing dinners amongst friends. This is yet another
step after the development of Rest’Oh!, a mobile application which has become
a reference for searching for local restaurants with over 100,000 downloads in
2 months.

"The food services market on the Internet is at the heart of our strategic
priorities. We are taking an offensive stance in this sector and with the
development of dedicated services - the Rest’Oh! app and the Facebook fan
pages, for example - we have shown that we have all of the innovation
capabilities needed to gain market shares in this vertical sector. With the
acquisition of Chronoresto, we have completed an additional step, with the
ambition to become the unrivalled player in the sector. We are very pleased
with the arrival in our Group of Chronoresto’s team and are confident in our
ability to win over new customers and a new audience", explains Jean-Pierre
Remy, CEO of PagesJaunes Groupe.

Charles Dunston, CEO of Chronoresto, indicates that: “We are thrilled to join
PagesJaunes Groupe. The teams at Chronoresto have shown the pertinence of
their know-how and the plebiscite for their service with food service
providers as well as Internet users. By joining PagesJaunes Groupe, we will
take advantage of acknowledged expertise in the local communications market
and we will increase business performance thanks to the synergies to be formed
with the various subsidiaries, especially PagesJaunes and Mappy".

Key figures on Chronoresto

  * Founded in 2008, 11 employees
  * 2^nd internet portal devoted to delivering meals online in France
  * 40 specialty products prepared by more than 800 partner restaurants across
    all of France
  * 300,000 users and 400,000 orders a year
  * Revenues up +54% in 2011 and +32% in 2012

PagesJaunes and restaurants

  * "Restaurant" is the most consulted business activity on pagesjaunes.fr and
    on PagesJaunes’ mobile application – Source: PagesJaunes and TNS Sofres
  * 125,000 restaurants are listed
  * Over 12% of the PagesJaunes' audience concerns restaurant searches on
    mobile phones
  * 1.2 million restaurant searches a month on PagesJaunes for mobile phones

Delivery market

  * In 2011, only 10% of the meals delivered were ordered via the Internet.
    This number should be multiplied by three by 2014 and represent 15.6
    million orders.

About PagesJaunes Groupe

PagesJaunes Groupe is the leader in France in local advertising and
information, generating consolidated revenues of €1.1 billion in 2011.
PagesJaunes Groupe’ services can be accessed in particular through fixed and
mobile Internet (the PagesJaunes and PagesBlanches directories), directory
enquiry services by telephone and SMS (118008). PagesJaunes Groupe’s fixed and
mobile Internet sites, primarily pagesjaunes.fr, mobile.pagesjaunes.fr,
mappy.com and annoncesjaunes.fr, are visited by more than one Internet user in
two in France each month.

PagesJaunes Groupe has a sales force of more than 2,200 sales advisers in
France and Spain and provides a comprehensive range of advertising products
for its local and national advertising customers. With over €575 million in
Internet revenues in 2011, representing more than 52% of consolidated
revenues, PagesJaunes Groupe is ranked among the first in Europe in terms of
Internet advertising revenues.

PagesJaunes Groupe is listed on NYSE Euronext Paris (PAJ). Information on
PagesJaunes Groupe is available at www.pagesjaunesgroupe.com

Contact:

Press
PagesJaunes Groupe
Isabelle Thillou, 01 46 23 37 56
ithillou@pagesjaunes.fr
or
Delphine Penalva, 01 46 23 35 31
dpenalva@pagesjaunes.fr
Hopscotch
Edwige Druon, 01 58 65 00 06
edruon@hopscotch.fr
or
Sabine Doligé, 01 58 65 01 33
sdolige@hopscotch.fr
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