Paris, 29 October 2008 - Following the successful public offer by Groupe Danone S.A. for all issued and outstanding shares of Koninklijke Numico N.V., Danone initiated squeeze-out proceedings at the Enterprise Chamber of the Amsterdam Court of Appeals.
On 28 October 2008, the Court of Appeals ruled that all remaining Numico shares are to be transferred to Danone at the initial offer price of € 55 per share. Danone currently holds approximately 98.9% of the Numico shares.