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PSA Peugeot Citroën Welcomes the Responsible Attitude of the CFE / CGC – CFTC – FO Labour Unions

  PSA Peugeot Citroën Welcomes the Responsible Attitude of the CFE / CGC –
  CFTC – FO Labour Unions

Business Wire

PARIS -- January 31, 2013

Regulatory News:

The Management of PSA Peugeot Citroën (Paris:UG) welcomes the responsible
attitude of the CFE / CGC – CTFC – FO labour confederation in a context of an
environment of sustained recession in the European markets and the difficult
situation this creates for the Group.

The crisis has made restructuring an absolute necessity. In the conclusion of
its audit, Secafi, the consultancy retained by all of the labour unions,
emphasises the need to implement this restructuring urgently.

Commenting on this situation, Denis Martin, Executive Vice President
Industrial Operations and Head of Employee Relations, said:

“When the project was presented last July, Management made a commitment to
carry out restructuring within a framework of responsible social dialogue.
More than ever, we hope that negotiations can be conducted in a serene
atmosphere, with the objective of ensuring that all employees have a job."

Laurent Vergely, Manager of the Aulnay plant, added:

“I would like to emphasise how much I respect the hard work, commitment and
exemplary attitude displayed by the vast majority of employees at Aulnay since
last July. Once again, I promise to ensure that two fundamental, inseparable
rights are upheld within the plant: the right to strike and the associated
right to work.”

    Communications Department - 75 avenue de la Grande Armée - 75116 Paris
          Telephone (33 1) 40 66 42 00 -


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