Identification
Symbol
PARRO
ISIN code
FR0004038263
Trading location
Paris
ICB
Telecommunications Equipment
Website address
Issuer website
http://www.parrotcorp.com
Operation
IPO date
IPO type

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

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

<p>
Conditions applying to both Global Placement and Open Price Offer (Ie notice for detail) Characteristics of the Global Placement (Ie notice for detail) Prior to admission, shares will be offered to institutional investors, within the framework of an International Institutional Offering, including to institutional investors in France. - Number of shares: 90% of the offered shares The number of shares offered as part of the Global Placement could be increased by reducing the amount of shares offered as part of the OPO in the event that the OPO is not fully subscribed. - Underwriters: Goldman Sachs International, Lazard IXIS Characteristics of the Open Price Offer (Ie notice for detail) The OPO is meant for retail investors, legal entities and certains UCITS (fonds communs de placement). - Number of shares in the OPO: 10% of the shares offered (over allotment option excluded)</p>

Operation description
Operation calendar

<p>
- Period of the Global Placement: from June 13th, 2006 to June 27th, 2006 (12:00) - Period of the OPO: from June 13th, 2006 to June 26th, 2006 (17:00) - First quotation: June 27th, 2006 - Beginning of trading: June 28th, 2006 - From June 28th, 2006 and until June 30th, 2006 inclusive: trading of new and existing shares on a single quotation line &quot;PARROT PROMESSES&quot; under the code FR0004038263 - From July 3rd, 2006: the PARROT shares will be quoted under the title &quot;PARROT&quot;, code ISIN FR0004038263 (unchanged) and mnemonic &quot;PARRO&quot; (unchanged)</p>

Price range
22.40 euros – 26.00 euros
Broker to issue

<p>
GOLDMAN SACHS INTERNATIONAL<br />
LAZARD IXIS</p>