Groupe Monceau Fleurs SA Updates on Safeguard Proceedings

Groupe Monceau Fleurs SA announced that as part of the safeguard proceedings open on October 27, 2011, the Company and its legal administrators have submitted a debt repayment plan including the repayment of all its debt included in the proceedings, representing a total amount declared by creditors of EUR 39.44 million. The payment would be made in 10 increasing annuities (1 %, 1%, 6 %, 8 %, 10 %, 12 %, 15 %, 15 %, 15 % and 17 %). The first payment would be made in 2013. A possible early or partial repayment clause has also been included. A consultation period with creditors will be initiated on March 7, 2012 at the latest.