<p> Global Placement and Open-Price Offer</p>
<p> - Period of the Placement: from 29 November to 13 December 2005 (12:00) - Period of the Open Price Offer: from 29 November to 12 December 2005 (17:00) - First quotation: 13 December 2005 - Beginning of trading: 14 December 2005</p>
<p> International Capital Bourse (ICB)<br /> HSBC France</p>