Rectification

In an article published on July 31st 2004, a financial weekly assessed Groupe Bourbon's property assets at 967.3 million euros.

Groupe Bourbon wishes to state that, according to in-house estimates, these real-estate assets are in fact within the range of 30 to 35 million euros before tax.

Paris, August 2nd 2004

About Groupe Bourbon:

Offering services on offshore oilfields, in harbor towage, assistance missions and in bulk transport, Groupe Bourbon ranks as a major international figure in the maritime service field.

Through its subsidiary Vindémia, the group also operates in the world of mass retailing.

Listed on the "second market" of the Paris stock exchange and classified by Euronext in the "Oil Services" category, Groupe Bourbon employs some 8500 staff-members and registered a turnover of a billion euros in 2003.

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Press contact Catherine Gros 01 53 70 74 70 cgros@image7.fr
Press contact Emmanuelle Flobert 01 53 70 74 61 eflobert@image7.fr

Groupe Bourbon
Financial relations Patrick Mangaud 01 40 13 86 09 patrick@mangaud.com
Press relations Christa Roqueblave 01 40 13 86 06 christagb@wanadoo.fr