DANONE : DANONE : Danone and Yakult agree on new cooperation framework to replace existing strategic alliance

  DANONE : DANONE : Danone and Yakult agree on new cooperation framework to
                     replace existing strategic alliance

                   ------------ PRESS RELEASE ------------

                                      


                                                       Paris, April 26^th 2013

             Danone and Yakult agree on new cooperation framework
                    to replace existing strategic alliance

In 2004 Danone and Yakult signed  a strategic alliance aimed at  strengthening 
their global  leadership in  probiotics and  accelerating the  growth of  both 
companies  in  the  functional  food  market.  Under  this  alliance   several 
collaboration  projects  in  probiotics  research  and  promotion  have   been 
undertaken, as well as commercial joint ventures in India and Vietnam.

As provided for in the alliance, since the end of the first phase in May 2012,
discussions on the development of the  partnership have taken place in  recent 
months, leading to the termination of  the alliance agreement and the  signing 
of a new cooperation framework.

This new  framework calls  for existing  collaborations to  be continued,  and 
envisages extending them into  areas that are more  operational in nature  and 
that offer benefits for both parties. Given the relationship of trust built up
over the  years, this  framework  does not  contain commitment  or  limitation 
regarding Danone's equity interest in Yakult.

Through this  new cooperation  framework, which  opens a  new stage  in  their 
cooperation, Danone reaffirms its status as a major shareholder and  long-term 
partner of Yakult. In this context three Danone representatives will  continue 
to serve on Yakult's Board of Directors.

About Danone
Danone is an  international company  present on  all 5  continents. The  group 
holds top  positions in  healthy  food through  four businesses:  Fresh  Dairy 
Products, Baby Nutrition, Bottled Water, and Medical Nutrition. Its mission is
to bring health through food to as many people as possible.
Danone counts  over 190  production plants  and around  102,000 employees.  In 
2012, the company generated sales of over €20 billion, of which more than  50% 
were in emerging countries.
Listed on  Euronext Paris,  Danone  is a  component  stock of  leading  social 
responsibility indexes including  the Dow Jones  Sustainability Indexes,  ASPI 
Eurozone and the Ethibel Sustainability Index.




                            For more information:
 Press Relations : +33 1 44 35 20 75 - Investor Relations: +33 1 44 35 20 76
                DANONE : 17, boulevard Haussmann, 75009 Paris

Danone and Yakult agree on new cooperation framework

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