2007 - April

5.0
Special Statutory Auditors’ report on regulated agreements and commitments Year ended December 31 st , 2007
Axeria Vie taking out a loan for APRIL GROUP SA
Nature and purpose
On August 28 th , 2007, Axeria Vie granted a 30 million euro
loan to APRIL GROUP SA. This loan, taken out over a 10-year
period, repayable at term, is subject to interest at 170 basis
points over the 10-year CMS rate. APRIL GROUP SA has the
option to pay it back at any time, without any penalty. This
operation was authorized by the Board of Directors on
August 28 th , 2007.
Terms
In 2007, the amount of charges paid by APRIL GROUP SA
relative to this loan totaled 633,863 euros.
Person concerned
Bruno Rousset, Chairman and Chief Executive Officer of
APRIL GROUP SA and Director of Axeria Vie.
Debt write-off for APRIL GROUP DOMMAGES
ENTREPRISES
Nature and purpose
On August 28 th , 2007, the Board of Directors authorized
APRIL GROUP SA to sign a 1,182 thousand euro debt writeoff
agreement for APRIL GROUP DOMMAGES ENTREPRISES,
fully-owned by APRIL GROUP SA.
Terms
This agreement was signed on October 31 st , 2007 for a
definitive amount of 1,182 thousand euros.
Person concerned
Bruno Rousset, Chairman and Chief Executive Officer of
APRIL GROUP SA and Director of APRIL GROUP DOMMAGES
ENTREPRISES.
Disposal of Mutant Assurances securities
Nature and purpose
As authorized by Directors during the Board meeting on
December 13 th , 2007, APRIL GROUP SA sold off 100% of the
capital of Mutant Assurances to APRIL GROUP DOMMAGES
PARTICULIERS on December 31 st , 2007.
Terms
APRIL GROUP SA sold off the Mutant Assurances securities for
19,700,000 euros. Further to this disposal, APRIL GROUP SA
recorded 49,000 euros in non-recurring capital gains over
2007.
Person concerned
Bruno Rousset, Chairman and Chief Executive Officer of
APRIL GROUP SA and Director of Mutant Assurances.
Agreement with TERRE D’ENTREPRISES for the provision
of services
Nature and purpose
A framework agreement governing relations between
Université APRIL GROUP SA and TERRE D’ENTREPRISES was
signed on June 18 th , 2007. Under the terms of this agreement,
APRIL GROUP SA delegates the following missions to TERRE
D’ENTREPRISES:
Administrative management of the University and training
programs;
Support for the development of training materials;
Coordination of certain training courses.
This agreement was approved by the Supervisory Board on
March 1 st , 2007.
Terms
In 2007, the amount recorded under expenses for this
agreement totaled 18,589 euros (gross).
Person concerned
Xavier Coquard, Chairman and Supervisory Board member of
TERRE D’ENTREPRISES and Director of APRIL GROUP SA.
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