<p> Direct trading procedure</p>
<p> - Grantor: Jean-Philippe SAYAG - Number of securities: 1,000 - Offer price: 4.33 euros No selling order will be accepted except the order placed by the grantor.</p>
<p> - First quotation: 23 July 2009 - Beginning of trading: 24 July 2009</p>
<p> ARKEON FINANCE</p>