Paris, May 12, 2006 – The combined Ordinary and Extraordinary Annual General Meeting of JCDecaux SA (Euronext Paris: DEC) was convened on May 10, 2006.
This Annual Shareholders’ meeting provided an opportunity to review the major events in the life of the Group in 2005, namely: in Asia, the fact that JCDecaux is now market leader in outdoor advertising in China, and the expansion of the activities of Cyclocity, making JCDecaux the world leader in self-service bicycle rental solutions.
Jean-Claude Decaux, Founder and Chairman of the Supervisory Board of JCDecaux SA, said: “This General Meeting allowed us to highlight the new markets in which the Group developed its activities in 2005 as well as the latest innovations that we are now making available to cities and their inhabitants with, in particular, Cyclocity.”
At the end of the meeting, the Supervisory Board appointed Jean-Charles Decaux Chairman of the Executive Board and Jean-François Decaux Chief Executive Officer. Jean-Charles Decaux and Jean-François Decaux who, in their dealings with the market, use the title of co-Chief Executive Officer of the JCDecaux Group, alternate as Chairman of the Executive Board of JCDecaux SA, serving in this position for periods of one year.