L'Oréal offer to the Body Shop International shareholders declared wholly unconditionalAs at 3 p.m. on 8 June 2006 , L'Oréal has acquired, or received valid acceptances of the Offer in respect of 208,098,583 The Body Shop Shares in aggregate (representing approximately 95.5 per cent. of the existing issued share capital of The Body Shop).
The Offer, which remains subject to the terms and conditions set out in the Offer Document, will remain open for acceptance until further notice.
'Oréal intends to compulsorily acquire the remaining The Body Shop Shares and also intends to procure the making of applications by The Body Shop for the cancellation of the listing of The Body Shop Shares on the Official List of the Financial Services Authority and the admission to trading of The Body Shop Shares on The London Stock Exchange.
Contacts at L'OREALIndividual shareholders and market authorities
Mr Jean-Régis CAROF
Tel. : +220.127.116.11.83.02
Financial analysts and institutional investors
Mrs Caroline MILLOT
Tel. : +18.104.22.168.86.82
Fax : +22.214.171.124.80.02
Mr Mike RUMSBY
Tel. : +126.96.36.199.76.71
"This news release does not constitute an offer to sell, or a solicitation of an offer to buy, L’Oréal shares. If you wish to obtain more comprehensive information about L’Oréal, please refer to the public documents registered in France with the Autorité des Marchés Financiers.
This news release may contain some forward-looking statements. Although the Company considers that these statements are based on reasonable hypotheses at the date of publication of this release, they are by their nature subject to risks and uncertainties which could cause actual results to differ materially from those indicated or projected in these statements."