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Two-for-one share par value split

01/11/2008

Pernod Ricard reminds the market that the Combined General Meeting of Shareholders, meeting on 7 November 2007, decided in its seventeenth resolution to implement a two-for-one split of the Pernod Ricard shares, and consequently to exchange each share outstanding at 15 January 2008, with a par value of € 3.10 each, for two new shares with a par value of € 1.55 each.

Two-for-one share par value split

The Combined General Meeting of Shareholders also decided that the share par value split will take effect from 15 January 2008.

At 15 January 2008, the number of shares comprising the share capital shall be multiplied by two and the share shall trade on the basis of a price divided by two.

This transaction shall be carried out at no costs, formalities or loss of rights for all Pernod Ricard shareholders.

As of 15 January 2008, the number of shares comprising the share capital of Pernod Ricard shall total 219 480 724 shares with a par value of € 1.55 each.

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