AIROX

Admission on the market Eurolist by euronext of the 5,000,000 ordinary shares that comprise the equity of AIROX. The admitted shares on Eurolist will represent the total ordinary equity of the company and are participating from 1st January 2005. The par value of the admitted shares is 0,40 euro. Since the admission, the shares will be either in bearer form, or in registered form.

These ordinary shares represent 100% of the total equity and voting rights of the company.

The shares of the company being traded on the Marché Libre and 44.43% of the capital being already disseminated in the public, there will not have dissemination of additionnal shares. Simple transfer on Eurolist will make the listing of shares.

A liquidity provider agreement for the Company’s shares has been signed between the company AIROX and HSBC-CCF.