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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 November 25th, 2005 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. Should the price of admission be under EUR 8.00, the number of shares proposed would be modified and the Autorité des Marchés Financiers would have to deliver another visa on a new prospectus giving the new terms and conditions of the Offer (Placement and OPO). The 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. The Open Price Offer Purchase orders placed are irrevocable and they will be valid on November 25th, 2005 only. Orders will be stated in terms of number of shares, without a price indication, and will be deemed to be stipulated at the first quotation price. If the float does not amount 2.5 million euros, the Offer will be cancelled and the orders will be void.</p>