Regulatory News:

Casino (Paris:CO) today successfully completed its offer, launched on 26 January, to exchange its notes due 2012 and 2013.

In exchange, Casino issued new notes in an amount of €888 million due February 2017 and paying interest equivalent to the Mid-Swap rate plus a spread of 135 bps.

The exchange offer was highly successful, with qualifying holders tendering around €1.5 billion in notes, or almost twice the maximum acceptance amount.

It has reduced debt repayments due 2012 and 2013 by, respectively €440 million and €354 million, thereby improving the Group''s debt profile and lengthening maturities.

The offer was managed by BNP Paribas, Calyon, JP Morgan, Natixis, RBS and Société Générale.

Contacts:

Casino
Investor Relations
Nadine Coulm
ncoulm@groupe-casino.fr
+33 (0)1 53 65 64 17
or
Aline Nguyen
anguyen@groupe-casino.fr
+33 (0)1 53 65 64 85