First quarter 2006: revenues up 16.5%, driven by strong organic revenue growth

Paris, 26 April 2006 – 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, 2006. On a reported basis, revenues increased by 16.5% to €442.2 million compared to €379.7 million in the same period last year. Excluding acquisitions and the impact of foreign exchange, organic revenues increased by 8.0%, reflecting improvement across all three divisions, particularly in Transport.

Q1 Revenues	2006 (m€)	2005 (m€)	Reported growth (%)	Organic growth(1) (%)
Street Furniture	227.5	211.9	7.4%	5.4%
Billboard	103.9	99.0	5.0%	4.2%
Transport	110.8	68.8	61.0%	21.3%
Total	442.2	379.7	16.5%	8.0%

(1) excluding acquisitions/divestitures, the impact of foreign exchange and the revenue reclassification of some activities in 2006

Street Furniture revenues increased by 7.4% to €227.5 million from €211.9 million in the first quarter of 2005. Excluding acquisitions and the impact of foreign exchange, organic revenues increased by 5.4% over the period. Core advertising revenues, excluding revenues related to the sale, rental and maintenance of street furniture products, rose by 3.1% organically.

The advertising market strengthened in France, where the company achieved solid organic growth over the period, and continued to be strong in many European countries, with double digit revenue growth achieved in Italy, the Netherlands, Finland and Norway. However, market conditions proved challenging in a number of countries including Spain, Portugal, Belgium and the United Kingdom.

In Asia-Pacific and the Rest of the World, revenues grew in double digits while revenues from North America rose slightly.

Billboard revenues improved by 5.0% to €103.9 million from €99.0 million in the same period last year. Excluding acquisitions and the impact of foreign exchange, organic revenue growth was 4.2%. With the exception of Belgium and Italy, most countries increased their revenues over the period. Austria, Ireland and most Eastern European countries produced double-digit rises in organic revenue and growth was solid in Spain and the United Kingdom. In France and Portugal, revenues remained stable.

Transport revenues rose by 61.0% to €110.8 million from €68.8 million in the first quarter of last year, following the 2005 acquisitions of MediaNation and Media Partners International in China. Excluding acquisitions and the impact of foreign exchange, organic revenues rose by a record 21.3%, with strong increases in most countries. Organic revenues grew in double digits in China, Chile, Spain, Germany, Norway, France and Italy. However, it was the United States which reported the best performance overall, benefiting from the renewed and extended contract with the New York Airports. Organic revenue growth was strong in Hong Kong and solid in Portugal and the United Kingdom.

Commenting on the first quarter revenues and prospects for 2006, Jean-François Decaux, Chairman of the Executive Board and Co-Chief Executive Officer, said: “As anticipated, our first quarter revenues showed strong organic growth, reflecting solid performances from Street Furniture and Billboard and a record increase from our Transport division. The strong revenue increase from Transport advertising as well as the improvement in the French advertising market should continue fuelling our organic revenue growth, which we now expect to exceed 6% for 2006.”

• Next information :
• Annual Shareholders Meeting: 10 May 2006
• Q2 2006 revenues: 26 July 2006 (before market)