JCDecaux - Publicis Groupe : proposed reorganisation of outdoor advertising assets

Paris, 16 May 2005 – JCDecaux SA(Euronext Paris: DEC), the number one outdoor advertising company in Europe and number two worldwide, and Publicis Groupe, longstanding partners in outdoor advertising, announced today that they are holding discussions with a view to reorganizing their portfolio of outdoor interests. In accordance with legal requirements, the work councils of JCDecaux, Métrobus and Medias & Régies Europe have received notification of meetings to be held on 25 May for information and consultation purposes regarding discussions underway related to JCDecaux and Medias & Régies Europe's subsidiary Metrobus, on the one hand, and JCDecaux and Medias & Régies Europe on the other. Specifically the reorganisation would involve JCDecaux acquiring the following:In France: Medias & Régies Europe’s 50% interest in SOPACT (Société de Publicité des Abribus et Cabines Téléphoniques), the company that manages the advertising contract for bus shelters in Paris. A 33% interest in Metrobus, the company that manages advertising space in the metro, RER suburban rail system and buses for the RATP (Paris urban transport), as well as advertising space in the Marseille metro and bus networks in some 60 other French cities. Building on the recognized expertise of Metrobus, this acquisition will further strengthen the transport advertising business in subways, buses and railway stations and provide opportunities for international growth.In the Netherlands:Medias & Régies Europe’s 50% interest in both JCDecaux Nederland BV and VKM, the companies that manage the street furniture contracts for the main Dutch cities. Following these transactions, JCDecaux would be the sole owner of SOPACT, JCDecaux Nederland BV and VKM. The proposed reorganization of the ownership of the three companies should not, if realized, have any impact on operations or employment. Key Information on the Group JCDecaux SA(Euronext Paris: DEC), the number one outdoor advertising company in Europe and number two worldwide, and Publicis Groupe, longstanding partners in outdoor advertising, announced today that they are holding discussions with a view to reorganizing their portfolio of outdoor interests.