A N N U A L R E P O R T - Bouygues

RECENT EVENTS SINCE 1 JANUARY 2006
Park Hyatt Paris-Vendôme hotel. The
luxury hotel, redeveloped by Bouygues
Immobilier, was recently ranked
Europe’s best and number two in the
world by the magazine Institutional
Investor.
TF1
Bouygues Construction
On 5 January 2006, Bouygues
Construction announced that its
subsidiary Dragages Hong Kong was
starting to operate AsiaWorld Expo,
the international exhibition centre it
had previously built. The centre has
70,000 m 2 of exhibition space, including
a large multi-purpose arena with a
seating capacity of 13,500. Over thirty
international exhibitions are already
scheduled for 2006, generating sales
four times higher than forecast.
AsiaWorld Expo, Hong-Kong
was planning to recruit over 7,000
employees in 2006, including 3,000 in
France, 20% more than in 2005.
Bouygues Immobilier
Bouygues Immobilier has won the
competition to redevelop the Berge
du Lac district of Bordeaux. On a
30-hectare (75-acre) site, it will build
1,550 housing units, schools, a gym
and amenities for local services.
40,000 m 2 of parkland will enhance
the new neighbourhood’s appeal.
On 6 January 2006, TF1, Vivendi
Universal and M6 signed the agreement
merging Canal+ and TPS
announced on 16 December 2005. On
17 February 2006, Vivendi Universal
announced a planned agreement with
Lagardère under which Canal+ would
own 65% of the new entity, Lagardère
20%, TF1 9.9% and M6 5.1%.
In early 2006, Société Générale sold
its 1.4% stake in TF1 on the market. The
disposal ends the shareholder agreement
between Bouygues and Société
Générale.
Bouygues Telecom
On 1 March 2006, Bouygues Telecom
launched two new unlimited contracts,
Neo and Exprima. With the Neo contract,
customers can make unlimited
calls to all fixed and mobile phones in
metropolitan France every day after
8.00 p.m. They can also make calls to
other countries in Europe and to North
America at the same price as a call
within France included in the contract.
With the Exprima contract, customers
can make unlimited calls to all fixed
phones in metropolitan France every
day after 8.00 p.m.
Bouygues Telecom and TF1 have decided
to conclude a licence agreement
under which they will be able to propose
an innovative voice and services
offering in 2006 called TF1 Mobile.
Bouygues SA
In February 2006, the €750 million
15-year bond issue launched in July
2005 was raised to €1 billion under the
same conditions.
On 23 January 2006, Bouygues
Construction also announced that it
On 28 February 2006, Bouygues
Immobilier sold its 40% stake in the
La Berge du lac, Bordeaux
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