Guy Wyser-Pratte Believes Shareholders Won't Be Fooled by Arnaud Lagardere's Attempts to Discredit Him

By Wyser-pratte Management Co. Inc., PRNE
Tuesday, April 20, 2010

NEW YORK, April 21, 2010 - Guy Wyser-Pratte noted today that he was not surprised in the least that
Arnaud Lagardere in his interview with La Tribune this week had resorted to
misinformation against him in what he believes to be a desperate attempt to
discredit him at the eleventh hour leading up to the Lagardere SCA (MMB.PA)
AGM/EGM. Mr. Wyser-Pratte commented : "It will be abundantly clear to
shareholders that have done their research that Arnaud Lagardere is
desperately trying to misinform them in order to preserve his time on the
tennis court, at his house in Florida where he spends most of his time, and
to protect his empire from shareholder scrutiny. To make matters worse, he
seems to think that personal family obligations trump corporate
responsibility and that his explanation about his problematic use of put
options - betting against his own Company - is explainable or even worse
acceptable." He further noted: "Shareholders are not that naïve. His open
contempt for the rights of Lagardere shareholders speaks for itself. It is
time to hold him accountable and to work positively to create value for all

Mr. Wyser-Pratte urged shareholders to send Arnaud Lagardere a clear
message and support his two resolutions being presented at the 2010 AGM/EGM
to be held on April 27.


     Vote FOR resolutions: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 12, 14, A and B

                     Vote AGAINST resolutions: 11 and 13

Your vote is important, no matter how many or how few shares you own. If
you have any questions or need any assistance voting your shares, please do
not hesitate to contact our proxy solicitor, MacKenzie Partners, Inc., by
toll-free telephone in the US at 800-322-2885 or +1-212-929-5500 (Collect);
or in the UK +44-(0)203-178-8057; or in France toll-free at 0800-911181 or
via e-mail at

MacKenzie Partners, Inc., Bob Marese, +1-212-929-5500, or Keith Parnell, +44-(0)203-178-8057

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