BOLLORE : BOLLORE : 2012 Turnover

                      BOLLORE : BOLLORE : 2012 Turnover

February 19th, 2013

BOLLORÉ

2012 Turnover: 10.2billion Euros, 20% rise in gross data,
up 9% on a like-for-like basis and constant exchange rates

  *9% turnover growth on a like-for-like basis and at constant exchange rates
    compared with 2011, benefiting  from higher volumes transported  worldwide 
    and rising prices and volumes of oil products.

  *In  gross  data,  the  increase  reached  20%,  due  mainly  to  the  full 
    consolidation of  the  Havas  Group  from September  1^st,  2012  and  the 
    contribution made by LCN (Les Combustibles de Normandie) over the whole of
    2012 after its joined the Group in February 2011 

  *The fourth quarter saw a 31% increase due to the full consolidation of the
    Havas Group. On a like-for-like basis and at constant exchange rates,  the 
    increase  was  7%  with  transport  &  logistics  and  fuel   distribution 
    activities growing by 9% over the fourth quarter of 2012.

Bolloré's consolidated  turnover in  the fourth  quarter of  2012 reached  EUR 
3,007 million, up  31% compared  with 2011. On  a like-for-like  basis and  at 
constant exchange rates, the rise was 7%.

For the whole of  2012, turnover rose  by 20% to  EUR 10,186 million  compared 
with EUR  8,491 million  in 2011.  On a  like-for-like basis  and at  constant 
exchange rates, the rise was 9%.

Changes in
turnover by              4^th quarter                   Cumulative 12-month figures
business
(in millions                      2012      %                          2012        %
of Euros)               2011            variation           2011               variation
                        (on a             (on a             (on a                (on a
                    like-for-like         like-         like-for-like        like-for-like
                        basis           for-like            basis                basis
              2011       and             basis   2011       and                  and
                     at constant           and           at constant          at constant
                      exchange             at             exchange             exchange
                       rates)           constant           rates)               rates)
                                        exchange
                                         rates)
Transport and
Logistics     1,302         1,335 1,406  +5%    4,872         5,001  5,473          +9%
Fuel
distribution    870           872   989  +13 %   3,186         3,280  3,643         +11%
Communication                                                                         +1 %
(media,          47           540   546  + 1%
telecom,
Havas)                                              159           804    811
Electricity
storage and
solutions        60            60    57  -7%      225           228    215          -6%
Other                                                                                -11%
activities       10            10     9  -11%
(plantations,
holdings)                                            49            49     44
Total         2,289         2,817 3,007  +7%    8,491         9,362 10,186          +9%

On a like-for-like basis and at constant exchange rates compared with 2011,
the major sectors developed as follows:

  *Transport and Logistics: annual turnover grew  by 9%. It benefited from  a 
    strong recovery  in  activity in  Ivory  Coast, which  suffered  from  the 
    political crisis  at  the beginning  of  2011  and the  dynamism  of  port 
    terminals in  Africa,  as  well  as the  rise  in  transit  and  logistics 
    activities, in particular driven by the good activity of the platforms  of 
    Roissy and Singapore.

  *Fuel distribution: turnover rose by 11% compared with 2011 due to the rise
    in the prices of  oil products and  in sales volumes.  In gross data,  the 
    increase reached  14%,  thanks  to  the  contribution  made  by  LCN  (Les 
    Combustibles de Normandie)  over the whole  of 2012 after  its joined  the 
    Group in February 2011. 

  *Communication (media, telecom, Havas): turnover grew by 1 %. They included
    four months of Havas,  which was fully  consolidated from September  1^st, 
    2012, representing a contribution of EUR  671 million (+1%) and just  nine 
    months of the  Direct 8 and  Direct Star TV  channels sold to  Canal +  on 
    September 30^th, 2012 (+7%).

  *Electricity storage  and solutions:  turnover from  industrial  activities 
    (plastic films, electricity storage, dedicated terminals and systems) were
    down 6%, aware that IER's sales  through Autolib' are eliminated from  the 
    Bolloré Group  figures,  which represented  an  effect of  25  million  of 
    euros.

  *Other activities  (plantations,  holdings):  turnover was  11%  down,  due 
    mainly to the  decline at the  plantations, given the  dropl in  worldwide 
    rubber prices and the dip in production.

                  1st quarter          2^nd quarter         3rd quarter          4th quarter
                     2011                 2011                 2011                 2011
                     (on a                (on a                (on a                (on a
                     like-                like-                like-                like-
                    for-like             for-like             for-like             for-like
              2011   basis,  2012  2011   basis,  2012  2011   basis,  2012  2011   basis,  2012
Changes in            and                  and                  and                  and
turnover               at                   at                   at                   at
Per quarter         constant             constant             constant             constant
(in millions        Exchange             exchange             exchange             exchange
of euros)            Rates)               rates                rates                rates
Transport and                                 
logistics          1,174              1,213              1,279         1,302    1,335 1,406
              1,160          1,299 1,175          1,351 1,235          1,417
Fuel                           
distribution   785  877          692  695     793  839  836     837   870      872   989
                             1,024
Communication
(media,        36   36      40   44   44      44   32   184     181    47      540   546
telecom,
Havas)
Electricity
storage and    56   57      52   56   57      55   53   54      51     60       60    57
solutions
Other
activities     14   14      12   14   14      13   11   11      10     10       10     9
(plantations,
holdings)
                                                                  
Total         2,051  2,158  2,427 1,981  2,023  2,256 2,170  2,364  2,496 2,289    2,817 3,007

Bolloré : 2012 turnover

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