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Common conditions for Global Placement and Open Price Offer The first share price will set of the offer and will take account of the demand expressed in the Global Placement. The final price will be set on March 21st, 2006 after centralisation of the OPO and should be published in a notice that same day. The final share price may be set outside the mentioned range. The final number of shares offered in Global Placement and OPO will be fixed in accordance with the nature and the importance of the demand. Characteristics of the Global Placement Before first quotation, a proportion of the shares will be distributed under the Global Placement comprising a public placement in France and outside the France except the United States of America. - Number of shares: 1,080,000 shares, (90% of the Offer before exercise of over-allocation option) - Underwriters: Natexis Bleichroeder Characteristics of the Open Price Offer The OPO is meant mainly for individuals, investing legal entities and FCP. - Number of shares: 120,000 shares (10% of the total number of shares offered before the exercise of the over allocation option)</p>