Mandatory Exchangeable Bond

Lagardere S.C.A.
06 April 2006









  Issuance of a Mandatory Exchangeable Bond with an upside exposure mechanism

              by Lagardere SCA and relating to 7.5% of EADS equity







Lagardere SCA has announced the issue of a Mandatory Exchangeable Bond
redeemable in EADS shares, with a mechanism giving exposure up to 115% of the
reference price, entirely subscribed
by IXIS CIB.

Following the completion of JP Morgan & Morgan Stanley's market placement (part
of a co-ordinated DaimlerChrysler transaction), the Mandatory Exchangeable
Bond's reference price has been set
at 32.6 euros.



The Mandatory Exchangeable Bond is pledged by 61.1 millions EADS shares, and
represents around €1,990m.







Paris, April 6th 2006







The Lagardere Group is a market leader in the media sector (books, distribution/
retailing of cultural products, press and audiovisual). The Group also has
interests in the high technology sector via a 14.95% stake in EADS.



The Lagardere Group is listed on the Premier Marche of the Paris Stock Exchange.





Press contacts:



Thierry FUNCK-BRENTANO                   tel. [phone]


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Arnaud MOLINIE                           tel. [phone]


                                         e-mail : [e-mail]



Investor Relations contact:



Laurent CAROZZI                         tel. [phone]


                                        e-mail : [e-mail]


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