Lagardère SCA: Takeover of Virgin Group: final agreement

Thu Feb 28, 2008 11:45am EST

* Reuters is not responsible for the content in this press release.

PARIS--(Business Wire)--
Regulatory News:

               Takeover of Virgin Group: final agreement


   Paris, February 28, 2008 - Following heads of agreement signed in
December 2007, the Lagardère Group and Butler Capital Partners
announce the signature of final agreements on a majority takeover of
Virgin Group by Butler Capital Partners.

   Virgin Group is a market leader in France in the distribution of
cultural and entertainment products. With consolidated sales of around
400 million euros and 1,900 employees, the group has 47 downtown sites
and shopping malls, of which 35 trade under the Virgin banner and a
dozen under the Furet du Nord banner. The group, which holds a
perpetual license for certain European territories including France,
operates about 10 franchises internationally, representing sales of
around 100 million euros. The group also operates France's no.2 music
and video download platform, VirginMega.

   Butler Capital Partners has over the last 15 years been building
up considerable experience of the French industrial and business
environment. Working with a variety of business sectors, Butler
Capital Partners have in recent years invested, inter alia, in Atys
(world leader in the preparation of fresh fruit), Flo (French leader
in catering), César (world leader in party ware), Abrium (security
equipment distribution), Giraud International (international
transport), PSG (football club), Sernam (goods transport), Accès
industrie (elevator pod hire), and SNCM (marine transport).


   The Lagardère Group is a market leader in the media sector (books,
press, audiovisual, distribution of cultural and entertainment
products, and sports rights). The Group also has interests in the high
technology sector via a 12.51% stake in EADS.

   Lagardère shares are listed in Paris on Eurolist by Euronext -
Compartment A.


   Lagardère SCA:

   Press Contacts

   Thierry Funck-Brentano tel. +33 (0)1 40 69 16 34 tfb@lagardere.fr

   Ramzi Khiroun tel. +33 (0)1 40 69 16 33 rk@lagardere.fr

   Investor Relations Contact

   Laurent Carozzi tel. +33 (0)1 40 69 18 02 lcarozzi@lagardere.fr

   Lagardère Services

   Jean-Louis Nachury tel.: +33 (0)1 42 99 07 10

   François Gues tel.: +33 (0)1 42 99 07 10

   Butler Capital Partners:

   Image 7 Press Contacts

   Grégoire Lucas tel.: +33 (0)1 53 70 74 94 glucas@image7.fr

   Constance Giscard d'Estaing tel.: +33 (0)1 53 70 74 54

   cge@image7.fr

LAGARDÈRE SCA

Copyright Business Wire 2008
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