Listing sponsor / Agent

CFD Corporate Finance</p>

ISIN code
Exchange / Market
Euronext Growth
Trading location
Consumer Electronics
Issuer website
IPO date
IPO type

Global Placement and Open Price Offer</p>

IPO price
2.00 euros
IPO type
Initial Public offering
Operation procedure

Conditions applying to both Global Placement and Open Price Offer The first share price will be set at the end of the OPO and will take account of the demand expressed in the global placement. The prices of the global placement and the OPO are the same. The definitive price will be set on October 2nd, 2006 after centralisation of the OPO and should be published by Euronext Paris in a notice that same day. The final share price may be set outside the mentioned range. The Global Placement Before first listing, a proportion of the shares will be included in a public placement in France and an international private placement in some countries excluding the United States of America. - Underwriter: Eurotrading Capital Market - Number of shares diffuse: 2,250,000 shares (90% of the Offer) The Open Price Offer Number of shares in the OPO: 250,000 shares (10% of the Offer) Depending on the demand, the breakdown between the Placement and the OPO may be adapted as stated below: - In order to increase the placement, the number of shares offered within the Open-Price Offer may be reduced (if the OPO would not be fully subscribed). - In order to increase the Open-Price Offer, the number of shares offered within the placement may be reduced.</p>

Operation description
Operation calendar

- Period of the Placement : from September 15th, 2006 to October 2nd, 2006 (noon CET) - Period of the OPO: from September 15th, 2006 to September 29th, 2006 inclusive - First quotation: October 2nd, 2006 - Beginning of trading: October 6th, 2006</p>

Price range
2.00 euros - 2.20 euros