Stock exchange listing of CBo Territoria on Alternext (Euronext Paris) April, 15th After examination of the file by the Financial Services Authority, CBo Territoria will be listed on Alternext (Euronext Paris) as of May 19th 2005. That same day, Groupe Bourbon will go ahead as planned with the distribution of the stock dividend : 1 CBo Territoria share for each Groupe Bourbon share held on May 18th at close of business. Groupe Bourbon shares will thus be quoted ex-dividend in CBo Territoria stock from May 19th 2005. With this distribution of CBo Territoria stock, Groupe Bourbon confirms its focus on Marine Services. About Groupe Bourbon Offering services on offshore oilfields, in harbour 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 B section of Euronext's Mid 100 Eurolist, Groupe Bourbon employs some 8720 staff-members and registered a turnover of 1114.3 million euros in 2004. Since February 2004, Groupe Bourbon has been classified by Euronext in the «Oil Services» category. About CBo Territoria This new real estate company will invest in a diversified portfolio of rental property holdings – housing, offices, industrial and business premises – principally in Reunion Island, but also elsewhere in the Indian Ocean. The registered office of CBo Territoria is situated in Reunion Island. Groupe Bourbon Publicis consultants. Paris Horizons, La Réunion
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