L'Oréal Finance : Annual General Meeting of April 16, 2009

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News releases
Clichy, April 16, 2009

Annual General Meeting of April 16, 2009

Renewal of the tenure as director of:

Ms Françoise Bettencourt Meyers
Mr Werner Bauer
Mr Peter Brabeck-Letmathe
Mr Jean-Pierre Meyers
Mr Louis Schweitzer

Approval of proposed dividend: €1.44, up by +4.3%.

Amendment of the Articles of Association to incorporate the principle of a preferential dividend.

The Annual General Meeting of L’Oréal Shareholders was held at the Carrousel du Louvre in Paris, on Thursday, April 16, 2009, under the chairmanship of Sir Lindsay Owen-Jones, Chairman of the Board of Directors.

The Annual General Meeting has in particular:

approved the parent company financial statements and the consolidated financial statements for 2008.

decided on the payment of a dividend of €1.44 per share, which will be payable from Friday, April 24, 2009.

renewed the tenure of five directors.

amended the Articles of Association to include the principle of a preferential dividend for the shareholders whose shares have been in registered form for at least two years and not exceeding 0.5% of the share capital.

All the Annual General Meeting resolutions were adopted by a very large majority. The results of the votes are available on the http://www.loreal-finance.com/ website.

A summary of the AGM will be provided in the next L’Oréal “Letter to Shareholders”, which will be sent to holders of registered shares, and is available on request and on the http://www.loreal-finance.com/ website.

"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, also available in English on our Internet site www.loreal-finance.com.
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."

Contacts at L'Oréal

Individual shareholders and market authorities
Mr Jean Régis CAROF
Tel. : +33.1.47.56.83.02
jcarof@dgaf.loreal.com

Financial analysts and institutional investors
Mrs Caroline MILLOT
Tel. : +33.1.47.56.86.82
cmillot@dgaf.loreal.com

Journalists
Mr Mike RUMSBY
Tel. : +33.1.47.56.76.71
mrumsby@dgc.loreal.com

Switchboard
Tél: +33.1.47.56.70.00

For more information, please contact your bank, broker or financial institution (I.S.I.N. code: FR0000120321), and consult your usual newspapers, and the Internet site for shareholders and investors, http://www.loreal-finance.com, or its mobile version on your cell phone, http://mobile.loreal-finance.com; alternatively, call +33.1.40.14.80.50.