Release Paris, 3 January 2013

Liquidity contract

Six month report on Paris Orleans' liquidity contract

As per the liquidity contract, which PARIS ORLEANS entered into with Rothschild & Cie Banque, at

31st december 2012, the following resources were booked to the liquidity account:

126 168 shares

€ 4 705 193.00

Note that the most recent prior report on the situation at 30th June 2012 showed the following liquidity account resources:

55 500 shares

€ 5 876 403.00

About Paris Orléans, the parent company of the Rothschild group

Paris Orléans operates in three areas: