Edenred Raises EUR800 Million Through a Bond Issue

PARIS, September 28, 2010 - Today Edenred successfully placed a EUR800-million issue of 7-year
fixed-rate bonds, maturing in October 6 2017 and paying 3.625% interest.

The issue was completed under satisfying conditions. The bonds were
placed with close to 90 European institutional investors.

Proceeds from the issue will be used to strengthen the Group's liquidity,
diversify its financial resources and extend the average maturity of its
debt.

Deutsche Bank, Natixis and SG CIB acted as bookrunners for the issue.

Edenred, the world leader in prepaid service vouchers, provides solutions
that enhance personal well-being and improve the performance of
organizations. Operating in 40 countries, with 6,000 employees, nearly
500,000 private and public sector customers, 33 million users and 1.2 million
affiliates, Edenred offers a wide range of products in two categories:

    - Employee and public benefits related to meals and food (Ticket
      Restaurant, Ticket Alimentation) or quality of life (Ticket CESU,
      Childcare Vouchers, etc.)

    - Performance solutions in the areas of expense management (Ticket Car,
      etc.), incentives and rewards (Ticket Compliments, Kadeos, etc.) and
      new prepaid electronic products.

In 2009, Edenred generated total issue volume of EUR12.4 billion, of
which more than 50% in emerging markets.

CONTACTS: Eliane Rouyer-Chevalier, Executive VP Communications - Tel.:
+33(0)1-74-31-86-26 - eliane.rouyer at edenred.com; Press relations: Carla Sauvet, Media Relations Director - Tel.: +33(0)1-74-31-86-11 - carla.sauvet at edenred.com; Nuno Afonso, Press Attache - Tel.: +33(0)1-74-31-86-27 - nuno.afonso at edenred.com; Investor relations: Solene Zammito, Financial Communications Director - Tel.: +33(0)1-74-31-86-18 - solene.zammito at edenred.com; Virginie Monier, Investor Relations - Tel.: +33(0)1-74-31-86-16 -
virginie.monier at edenred.com