2007 - April

5.0
Special Statutory Auditors’ report on regulated agreements and commitments Year ended December 31 st , 2007
The floor space was extended first in 2005 then in 2007,
and now covers 258 square meters. The rent was revised
according to the cost billed by the property owner.
Terms
Under this agreement, a total of 84,994 euros (gross) was
billed, including rental expenses.
Securities and pledges
Nature and purpose
On August 28 th , 2007, the Board of Directors renewed the
authorization granted on September 7 th , 2006 for APRIL
GROUP to guarantee all the commitments of its subsidiaries
for a one-year period and up to 5,000,000 euros.
Terms
The current account write-off recorded in the accounts for
3,450,000 euros in 2005 was not subject to the application
of the better fortune clause in 2007.
Villeurbanne, March 3 rd , 2008
The Statutory Auditors
Mazars
Deloitte & Associés
Max Dumoulin
Olivier Rosier
Jean-Claude Lemaire
Terms
To date, APRIL GROUP SA has not been called on in relation
to this commitment.
Current account write-off with APRIL Solutions
Nature and purpose
The Supervisory Board authorized the Executive Board to
write off the current accounts that APRIL GROUP SA held
in the accounts of its subsidiary APRIL Solutions for up to
5,000,000 euros. This write-off is subject to a better fortune
clause.
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