Lyon, 28 December 2010 OL Groupe has confirmed that it has successfully closed its OCEANE issue, the AMF under no 10-432 on December 9th 2010, which was fully subscribed to the amount of €24,032,930.46, with settlement and delivery on Tuesday 28 December 2010.

The subscription took place in three stages:

• As part of the priority period, a number of shareholders, including ICMI and Pathé subscribed up to their percentage of ownership, i.e. 71.3% of the total transaction,
• Investors who are part of the private placement and public offering, including the bond funds, purchased 11.4% of the total transaction,
• Lastly, and in accordance with their commitments, ICMI and Pathé took up the remaining 17.3% in equal amounts.

Ol Groupe is pleased with the interest the FINANCIAL markets have shown in this transaction, enabling it to further strengthen its financial capacity and consolidate its position among the leading European football clubs in terms of its financial resources and to be in a more competitive position for future football competitions.