Identification
Symbol
RDC
ISIN code
FR0004053338
Exchange / Market
Euronext
Trading location
Paris
Products family
Funds
ICB
Internet
Issuer website
http://www.rueducommerce.com
Operation
IPO date
IPO type

<p>
Global Placement and Open Price Offer</p>

IPO price
15.60 euros
IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

<p>
Common conditions for Global Placement and Open Price Offer The first share price will set of the offer and will take account of the demand expressed in the Global Placement. The final price will be set on 29 September 2005 after centralisation of the OPO and should be published in a notice that same day. The final share price may be set outside the mentioned range. The final number of shares offered in Global Placement and OPO will be fixed in accordance with the nature and the importance of the demand. Characteristics of the Global Placement Before first quotation, a proportion of the shares will be distributed under the Global Placement directed to institutional investors comprising a public placement in France and outside the France except the United States of America. - Number of shares: 3 465 927 shares, that is 90% shares of the Offer (before exercise of over-allocation option). - Underwriters: Lazard, IXIS and Natexis Bleichroeder Characteristics of the Open Price Offer The OPO is meant for individuals, investing legal entities and FCP. - Number of shares: 385 102 shares, that is 10% shares of the Offer (before exercise of over-allocation option). If demand in the OPO allows it, the final number of shares allocated in response to the orders given in the OPO will at least be equal to 10% of the total number of shares offered before the exercise of the over-allocation option.</p>

Operation description
Operation calendar

<p>
- Period of the Global Placement: from 21 to 29 September 2005 (13:00) - Period of the Offering: from 21 to 28 September 2005 (17:00) - Date of first listing: 29 September 2005 - Result of the Global Placement and Open Price Offer: 29 September 2005 - Beginning of trading: 30 September 2005</p>

Price range
13.42 euros – 15.60 euros
Broker to issue

<p>
Lazard Fr&egrave;res Banque<br />
IXIS Corporate &amp; Investment Bank<br />
Natexis Bleichroeder</p>