Following the announcement today of the resignation of the four representatives of Sabanci Holding on the board of the joint-venture CarrefourSA, Carrefour (Paris:CA) would like to specify:
"Carrefour acknowledges the resignations of the four administrators among whom the President representing Sabanci Holding in CarrefourSA, the joint-venture between the two groups in Turkey."
Sabanci Holding officially informed Carrefour that it would propose to the General Assembly on July 27th 2012 the appointment of four new administrators whose names they have communicated.
Carrefour which holds 58.2% in the Turkish joint-venture is currently working with its partner on the strategic future of their joint-venture to which it is very committed."
Réginald Gillet / Alessandra Girolami / Matthew Mellin, +33 (1) 41 04 26 00
+33 (1) 41 04 27 53