EULER HERMES
Société anonyme à Directoire et Conseil de Surveillance
with a share capital of 14,451,032.64 euros
Registered office : 1 place des Saisons, 92 048 Paris-La-Défense cedex, France
RCS Nanterre B 552 040 594
Paris, July 10, 2012
Half year summary of the liquidity contract
Pursuant to the liquidity contract granted by EULER HERMES to Rothschild & Cie Banque, as of June 30, 2012, the following elements appeared in the liquidity account:
· 55,100 shares
· €16,884,894.00
As of December 30, 2011, the following elements appeared in the liquidity account:
· 216,121 shares
· €8,504,982.00 €