Clarification from JCDecaux about the Sydney advertising street furniture city tender

JCDecaux S.A. (Euronext Paris: DEC), the number one outdoor advertising company worldwide, took notice of the press article posted on the Australian Financial Review website on January 10th, 2019 – and relayed by some financial analyst's notes – reporting that “JCDecaux is believed to be the front runner to lock down the City of Sydney contract (…).”.

JCDecaux is surprised by this information and other related information which is inaccurate since JCDecaux has made the decision not to submit any bid proposal under the current tender terms.