Rallye

The Group's performance has enabled Rallye to pursue a policy of capital distribution, according to which a portion of the company's net income is distributed to shareholders every year in the form of a dividend. The dividend amount is decided at the AGM on the recommendation of the Board of Directors.

The dividend and its date of payment (detachment date) are proposed by the Board of Directors and subject to the shareholder approval at the Annual General Meeting.

To obtain the dividend, you have to have purchased at least one Rallye share 3 business days before the detachment date.

For holders of administered registered shares and bearer shares, your financial intermediary will credit your account according to the number of shares you own.
For holders of ordinary registered shares, BNP will wire the amount to your bank account on the date the dividend is paid.

Rallye's Board of Directors held on 6 September 2011 approved an interim dividend of €0.80 per share for 2011. Shareholders have been given the option for the total of the interim dividend to be paid in shares. The issue price for the new shares was set at €20.77, corresponding to 90% of the average opening share price of the twenty trading days prior to Septemnber 2011, less the interim dividend amount.

46.3% of the rights have been exercised in favour of this option.

The result of the dividend reinvestment option allows Rallye to increase its shareholders' equity by €16.5 millions with the issuance of 793,939 new shares, which will be delivered and admitted for trading on Euronext Paris on October 6,2011.

The new shares issued will be immediately assimilated to the existing shares.

The cash dividend, which amounts to a total of €19.1 millions, will be paid on October 6,2011.

Rallye’s dividend is expected to vary with the Company’s earnings and the dividend paid by Casino.

The dividend limitation is five years, as defined by civil law. Unclaimed dividends are paid to the State.

Dividends paid in the past years: