Casino, Guichard Perrachon : Casino Group: Appointment Casino Brazil

     Casino, Guichard Perrachon : Casino Group: Appointment Casino Brazil

    Mr. Ronaldo Iabrudi appointed as a director of Casino Group in Brazil

    The executive will be the representative of the company in the country



Casino Group announces the hiring of Mr. Iabrudi to take the position as
director and representative of the company in Brazil. In his position, Mr.
Iabrudi will lead the institutional interaction between Casino Group and all
its stakeholders.

With the hiring of a highly experienced executive such as Mr. Iabrudi, Casino
Group reaffirms its commitment to Brazil and its local presence. It will allow
Casino Group to further engage with the Brazilian business community and with
public regulators, as well it will strengthen the relationship, the
interaction and the interchange with Grupo Pão de Açúcar management team.

"The Brazilian market is a key driver for the present success and for the
future of Casino Group. The arrival of Mr. Iabrudi reflects our commitment to
reinforce our presence as the major local player and our willingness to
strengthen our bonds with each and every important stakeholder in Brazil",
says Jean-Charles Naouri, Chairman of the Board and CEO of Casino Group.

Prior to accepting the invitation to join Casino Group in Brazil, Mr. Iabrudi
has acted as Chairman of the Board of Directors of Lupatech, Contax and
Telemar Operadora and as Chief Executive Officer in many important companies
such as Magnesita, Telemar and Ferrovia Centro Atlântica.

"Casino Group, through Grupo Pão de Açúcar, is a leading local player in the
retail industry, and Brazil is a critical market for our growth prospects. The
creation of a local structure to dialogue on a regular basis with local GPA
management team and all stakeholders was a natural step to take", says Mr.
Iabrudi.

                                      

"Mr. Iabrudi is a major asset to our team. He will also strengthen by his
presence Casino Group support to the outstanding team lead by Enéas Pestana",
says Arnaud Strasser, Casino Group' International Director and Vice Chairman
of the Board of GPA.

Appointment Casino Brazil

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Source: Casino, Guichard Perrachon via Thomson Reuters ONE
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