Lagardère SCA Announces 2011 First-Half Results

Background:
The main items regarding the PMI disposal are as follows:
- deconsolidation, effective 31 May 2011, of activities divested in the 13 following countries: US, Italy, Spain, Japan, Netherlands, Hong Kong, Mexico, Taiwan, Canada, Germany, Russia, Ukraine and the Czech Republic. These divestment represent an amount of €471m, €57m of which results from the
deconsolidation of the debt associated with the divested assets;
- UK-located businesses were sold on 29 July 2011;
- businesses in China are set to be sold by the end of 2011.