Auchan S.A. http://www.alacrastore.com/company-snapshot/Auchan_S_A-1023859 Saturday, August 30, 2008 8:24:46 AM 1023859 Auchan S.A. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/spcred/668535spcred/668535normThe latest Summary from S&Pglobal8/29/2008 1:59:32 PM175Summary668535FranceHypermarkets & Super CentersEurope, Middle East, AfricaGlobal IssuersCorporationsRetailSummaryThe ratings on France-based food retailer Groupe Auchan SA continue to reflect its well-established positions in the tightly regulated French and southern European markets (52% and 31%, respectively, of 2007 sales), underpinned by its expertise in the hypermarket format and conservative financial policy. Strong barriers to entry protect the group's core French market, where traditionally intense competition has slightly eased in recent quarters following several years of steady margin erosion. Auchan is France's joint third-largest food retailer, with market share slightly exceeding 12% in 2007, stable on 2006. The group has a strong position in France in hypermarkets, fuelled by high recognition of the Auchan banner; a focus on large stores averaging more than 9,000 square meters (sqm); and almostFRAF0490730101040 301010 3010 30Groupe Auchan SA363271EUROMIDAFR211642Z@FPSUMMARYGLOBISSCORPRetailCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/668530spcred/668530normThe latest Full Report from S&Pglobal8/29/2008 1:59:00 PM400Full Report668530FranceHypermarkets & Super CentersEurope, Middle East, AfricaGlobal IssuersFinancial InstitutionsCorporationsRetailFull ReportLeading and well-established positions in the stable French and southern European markets Recognized expertise in the hypermarket format Presence in the fast-growing Russian market Conservative financial policy, with investments matched to actual cash generation Very limited presence in the discount format Tough market conditions in key French and Italian markets Less-favorable trading conditions for French hypermarkets Less well established position in supermarkets The ratings on France-based food retailer Groupe Auchan SA continue to reflect its well-established positions in the tightly regulated French and southern European markets (52% and 31%, respectively, of 2007 sales), underpinned by its expertise in the hypermarket format and conservative financial policy. Strong barriers to entry protect the group's core French market, where traditionally intense competition hasFRAF0490730101040 301010 3010 30Groupe Auchan SA363271EUROMIDAFR211642Z@FPFULLFRAF0664V30101030 301010 3010 3040202010 402020 4020 40Auchan Finances SNCBanque Accord366820368665EUROMIDAFR227375Z@FPGLOBISSFICORPRetailCredit & Investment ResearchS&P Credit ResearchSPAIN - Supermercados Sabeco SA, a unit of Auchan SA's Docks de France subsidiary, acquired the entire share capital of Galerias Primero SA, a Zaragoza-based owner and operator of grocery stores, from Nozar SA (##%) and Caja De Ahorros de la Inmaculada de Aragon (##%).7/23/2008 1:05:00 PM86843C36519K05070A67037ESupermercados Sabeco SAGalerias Primero SAAuchan SANozar SAhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Supermercados_Sabeco_SA_acquires_Galerias_Primero_SA_from_Nozar_SA-1997620040sdc/19976200401997620040Copyright © 2008, Thomson Financial, All Rights ReservedRetail Trade-Food StoresSpainGrocery stores5411FFForeignSubsidiary5411:Grocery stores5999:Retail stores, nec5411:Grocery storesRetail Trade-Food StoresSpainGrocery stores5411FFForeignSubsidiary298481001Own,op hypermarketsPvd RE dvlp,constr svcsUnspecifiedStock1029992001Jul 23 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.00000Supermercados Sabeco SA,headquartered in Barcelona,Spain, owns and operatesgrocery and retail store. Thecompany was founded on 1960.Supermercados Sabeco SA, headquartered in Barcelona, Spain,owns and operates grocery and retail store. The company wasfounded on 1960.Supermercados Sabeco SA, headquartered in Barcelona, Spain, owns and operates grocery and retail store. The company was founded on 1960.1.000002.000003.000004.000005.00000Galerias Primero SA,headquartered in Zaragoza,Spain, owns and operatesgrocery stores. The companywas founded in 1988.Galerias Primero SA, headquartered in Zaragoza, Spain, ownsand operates grocery stores. The company was founded in1988.Galerias Primero SA, headquartered in Zaragoza, Spain, owns and operates grocery stores. The company was founded in 1988.0.000000.000000.000000.00000YEURO21 Jul 08Mon, 21 Jul 2008 00:00:00 ESTDate Announced: 07/21/200821 Jul 08Date Effective: 07/21/200821 Jul 08MergerFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.000000 EURO0.000000.000000 EURO0.00000100.00000100.000000.000000.000000.000000 EURO1.59300N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000SPAIN - Supermercados SabecoSA, a unit of Auchan SA'sDocks de France subsidiary,acquired the entire sharecapital of Galerias PrimeroSA, a Zaragoza-based owner andoperator of grocery stores,from Nozar SA (60%) and CajaDe Ahorros de la Inmaculada deAragon (40%).SPAIN - Supermercados Sabeco SA, a unit of Auchan SA's Docks de France subsidiary, acquired the entire share capital of Galerias Primero SA, a Zaragoza-based owner and operator of grocery stores, from Nozar SA (60%) and Caja De Ahorros de la Inmaculada de Aragon (40%).SPAIN - Supermercados Sabeco SA, a unit of Auchan SA's Docks de France subsidiary,acquired the entire share capital of Galerias Primero SA, a Zaragoza-based owner andoperator of grocery stores, from Nozar SA (60%) and Caja De Ahorros de la Inmaculada deAragon (40%).SPAIN - Supermercados Sabeco SA, a unit of Auchan SA's Docks de France subsidiary, acquired the entire share capital of Galerias Primero SA, a Zaragoza-based owner and operator of grocery stores, fromNozar SA (60%) and Caja De Ahorros de la Inmaculada de Aragon (40%).SPAIN - Supermercados Sabeco SA, a unit of Auchan SA's Docks de France subsidiary, acquired the entire share capital of Galerias PrimeroSA, a Zaragoza-based owner and operator of grocery stores, from Nozar SA (60%) and Caja De Ahorros de la Inmaculada de Aragon (40%).Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005411:Grocery stores326235001France5411ForeignPrivate1522:Residential construction, nec6552:Land subdividers and developers, except cemeteries755639001Spain6552ForeignPrivate0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & AcquisitionsPORTUGAL - Auchan SA of France planned to acquire the two hypermarkets, located in Eiras and Lagoa, of Sonae Distribuicao SGPS SA, a Matosinhos-based owner and operator of supermarkets and hypermarkets, for ##.# mil euros ($##.### mil US). The transaction was subject to regulatory approval.7/17/2008 1:03:48 PM05070A83720W05070A27048AAuchan SASonae Distribuicao SGPS SA- Hypermarkets(2)Auchan SAEfanor Investimentos SGPS SAhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Auchan_SA_acquires_Sonae_Distribuicao_SGPS_SA_from_Efanor_Investimentos_SGPS_SA-1996139040sdc/19961390401996139040Copyright © 2008, Thomson Financial, All Rights ReservedRetail Trade-Food StoresFranceGrocery stores5411FFForeignPrivate5411:Grocery stores5411:Grocery storesRetail Trade-Food StoresPortugalGrocery stores5411FFForeignSubsidiary326235001Own,op hypermarketsPvd telecommun svcsCashCash OnlyAssets1029047001Jul 17 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.00000Auchan SA, located inVilleneuve D'Ascq Cedex,France, owns and operateshypermarkets, primarily inFrance, Europe, and othercountries. It offers variousdiscount items, as well asorganic, Italian, andPortuguese products. As of May10, 2006, the company operated365 hypermarkets in 11countries and 654 integratedsupermarkets in 6 countries.The company was founded in1961.Auchan SA, located in Villeneuve D'Ascq Cedex, France, ownsand operates hypermarkets, primarily in France, Europe, andother countries. It offers various discount items, as wellas organic, Italian, and Portuguese products. As of May 10,2006, the company operated 365 hypermarkets in 11 countriesand 654 integrated supermarkets in 6 countries. The companywas founded in 1961.Auchan SA, located in Villeneuve D'Ascq Cedex, France, owns and operates hypermarkets, primarily in France, Europe, and other countries. It offers various discount items, as well as organic, Italian, and Portuguese products. As of May 10, 2006, the company operated 365 hypermarkets in 11 countries and 654 integrated supermarkets in 6 countries. The company was founded in 1961.1.000002.000003.000004.000005.00000The two hypermarkets of SonaeDistribuicao SGPS SA, which islocated in Eiras and Lagoa,owns and operateshypermarkets.The two hypermarkets of Sonae Distribuicao SGPS SA, which islocated in Eiras and Lagoa, owns and operates hypermarkets.The two hypermarkets of Sonae Distribuicao SGPS SA, which is located in Eiras and Lagoa, owns and operates hypermarkets.0.000000.000000.000000.00000YEURO14 Jul 08Mon, 14 Jul 2008 00:00:00 ESTDate Announced: 07/14/2008Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000021.7 EURO21.700000.0000021.7 EURO21.700000.000000.000000.000000.0000021.7000021.7 EURO1.59100N17.312000.000000.000000.000000.000000.0000034.5160034.516000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.00000PORTUGAL - Auchan SA of Franceplanned to acquire the twohypermarkets, located in Eirasand Lagoa, of SonaeDistribuicao SGPS SA, aMatosinhos-based owner andoperator of supermarkets andhypermarkets, for 21.7 mileuros ($34.516 mil US). Thetransaction was subject toregulatory approval.PORTUGAL - Auchan SA of France planned to acquire the two hypermarkets, located in Eiras and Lagoa, of Sonae Distribuicao SGPS SA, a Matosinhos-based owner and operator of supermarkets and hypermarkets, for 21.7 mil euros ($34.516 mil US). The transaction was subject to regulatory approval.PORTUGAL - Auchan SA of France planned to acquire the two hypermarkets, located in Eirasand Lagoa, of Sonae Distribuicao SGPS SA, a Matosinhos-based owner and operator ofsupermarkets and hypermarkets, for 21.7 mil euros ($34.516 mil US). The transaction wassubject to regulatory approval.PORTUGAL - Auchan SA of France planned to acquire the two hypermarkets, located in Eiras and Lagoa, of Sonae Distribuicao SGPS SA, a Matosinhos-based owner and operator of supermarkets andhypermarkets, for 21.7 mil euros ($34.516 mil US). The transaction was subject to regulatory approval.PORTUGAL - Auchan SA of France planned to acquire the two hypermarkets, located in Eiras and Lagoa, of Sonae Distribuicao SGPS SA, aMatosinhos-based owner and operator of supermarkets and hypermarkets, for 21.7 mil euros ($34.516 mil US). The transaction was subject toregulatory approval.Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005411:Grocery stores326235001France5411ForeignPrivate4812:Radiotelephone communications4813:Telephone communications, except radiotelephone4899:Communications services, nec6719:Offices of holding companies, nec6799:Investors, nec978085001Portugal4813ForeignPrivate34.5160021.7000034.5160017.31200Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/641809spcred/641809normThe latest News from S&P4/9/2008 10:59:29 AMNews100global641809FranceHypermarkets & Super CentersEurope, Middle East, AfricaGlobal IssuersCorporationsRetailNewsPARIS (Standard&Poor's) April 9, 2008--Standard&Poor's Ratings Services said today that it affirmed its 'A/A-1' long- and short-term corporate credit ratings on France-based food retailer Groupe Auchan SA. The outlook is stable. "The ratings continue to reflect Auchan's well-established positions in the tightly regulated French and Southern European markets, underpinned by its expertise in the hypermarket format and its conservative financial policy," said Standard&Poor's credit analyst Nicolas Baudouin. Strong barriers to entry protect the group's core French market, where traditionally intense competition has slightly eased in recent quarters following several years of steady margin erosion. Auchan is France's joint third-largest food retailer, with 12.6% market share in 2007, stable on 2006. The group has aFRAF0490730101040 301010 3010 30Groupe Auchan SA363271EUROMIDAFR211642Z@FPNEWSGLOBISSCORPRetailCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/641810spcred/641810normThe latest Research Update from S&P4/9/2008 10:59:29 AMResearch Update175global641810FranceHypermarkets & Super CentersEurope, Middle East, AfricaGlobal IssuersFinancial InstitutionsCorporationsRetailResearch UpdateOn April 9, 2008, Standard&Poor's Ratings Services affirmed its 'A/A-1' long- and short-term corporate credit ratings on France-based food retailer Groupe Auchan SA. The outlook is stable. The ratings continue to reflect Auchan's well-established positions in the tightly regulated French and Southern European markets (52% and 31%, respectively, of 2007 sales), underpinned by its expertise in the hypermarket format and its conservative financial policy. Strong barriers to entry protect the group's core French market, where traditionally intense competition has slightly eased in recent quarters following several years of steady margin erosion. Auchan is France's joint third-largest food retailer, with 12.6% market share in 2007, stable on 2006. The group has a strong position in France in hypermarkets, fuelledFRAF0490730101040 301010 3010 30Groupe Auchan SA363271EUROMIDAFR211642Z@FPRESUPDFRAF0664V40202010 402020 4020 40Banque Accord366820EUROMIDAFR227375Z@FPGLOBISSFICORPRetailCredit & Investment ResearchS&P Credit Research