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Paris, 9 May 2007 – JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company in Europe and Asia-Pacific and the number two worldwide, announced today its revenues for the three months ended 31 March, 2007. On a reported basis, revenues increased by 7.0% to €473.1 million compared to €442.2 million in the same period last year. Excluding acquisitions and the impact of foreign exchange, organic revenues increased by 5.8%, reflecting improvement across all three divisions, particularly in Billboard. Core advertising revenues, excluding revenues related to the sale, rental and maintenance of street furniture products, rose by 6.8% organically.

Q1 Revenues

2007 (€m)

2006 (€m)

Reported growth (%)

Organic growth(1) (%)

Street Furniture

239.0

227.5

5.0%

3.6%

Transport

120.6

110.8

8.8%

7.6%

Billboard

113.5

103.9

9.2%

8.5%

Total

473.1

442.2

7.0%

5.8%

(1) excluding acquisitions/divestitures and the impact of foreign exchange
  • Street Furniture revenues increased by 5.0% to €239.0 million from €227.5 million in the first quarter of 2006. Excluding acquisitions and the impact of foreign exchange, organic revenues increased by 3.6% over the period. Core advertising revenues, excluding revenues related to the sale, rental and maintenance of street furniture products, rose strongly (+ 6.4% organically).
  • In Europe, market conditions continued to strengthen in a number of countries and double-digit revenue increases were reported in the United Kingdom, Germany, Scandinavia and Spain. Portugal and Italy reported solid revenue growth over the quarter while advertising revenues declined slightly in France, in part due to the move of a small number of specialist retailers from Street Furniture to TV advertising.
  • In Asia-Pacific and the Rest of the World, revenues continued to produce double-digit organic revenue growth.

Transport revenues rose by 8.8% to €120.6 million from €110.8 million in the first quarter of last year. Excluding acquisitions and the impact of foreign exchange, organic revenues rose by 7.¬6%. Organic revenues grew in double digits across many geographies including the large markets of France, Spain and Portugal, while the United States and Austria produced high single-digit revenue growth over the period.

Billboard revenues improved by 9.2% to €113.5 million from €103.9 million in the same period last year. Excluding acquisitions and the impact of foreign exchange, organic revenue growth was 8.5%. With double-digit organic revenue growth, the United Kingdom reported the best performance overall, benefiting from both a strong market outperformance and the recently-signed contract with BT payphones. Portugal and Ireland also grew in double digits over the period, while Spain and Austria produced strong revenue increases. In France, despite the opening of broadcast TV advertising to retailers, revenues grew slightly.

Commenting on the first quarter revenues and prospects for 2007, Jean-Charles Decaux, Chairman of the Executive Board and Co-Chief Executive Officer, said: “As anticipated, our first quarter advertising revenues showed solid organic growth, reflecting sound increases across our three segments, and the particularly good performance of our Billboard division. We continue to expect that our organic revenue growth in 2007 will be similar to that in 2006, within a likely range of 7-8%, reflecting the good opportunities in our markets and an acceleration of revenue growth in Transport.”

  • Next information:
  • Annual Shareholders Meeting: 10 May 2007
  • Q2 2007 revenues: 24 July 2007 (after market)

Key figures

  • 2006 revenues: €1,946.4 million
  • JCDecaux is listed on the Eurolist of the Euronext Paris stock exchange, and is part of the
  • Euronext 100 and FTSE4Good indices
  • N°1 worldwide in street furniture (334,000 advertising panels)
  • N°1 worldwide in airport advertising with 141 airports and around 300 transport contracts in metros, buses, tramways and trains (213,000 advertising panels)
  • N°1 in Europe for billboards (216,000 advertising panels)
  • N°1 in outdoor advertising in China (83,000 advertising panels in 21 different cities)
  • N°1 worldwide in self service bicycles
  • 763,000 advertising panels in 48 countries
  • Present in 3,500 cities with over 10,000 inhabitants
  • 8,100 employees

Contacts

Communication Department :Albert Asséraf+33 1 30 79 37 35communication-jcdecaux@jcdecaux.com
Investor Relations :Rémi Grisard+33 1 30 79 79 93remi.grisard@jcdecaux.com