Paris, April 9th, 2009 - Pernod Ricard and Kirin have agreed to terminate their distribution arrangement under which Kirin has distributed Chivas Regal and other Pernod Ricard brands in Japan since January 1, 2006.
Termination will be effective as of September 30, 2009.
Pernod Ricard Japan will carry out distribution of these brands from October 1, 2009.
The standstill agreement between Kirin and Pernod Ricard, whereby Kirin has agreed not to transfer its Pernod Ricard shares before the date of termination of the Distribution Agreement will also terminate on September 30, 2009.