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JCDecaux acquires strategic stake in Wall AG

Paris/Hamburg/London, 14 December 2001 – JCDecaux SA (JCDecaux, Euronext Paris: DEC), the world leader in street furniture and the largest outdoor advertising group in Europe, announced today that it has acquired a strategic 11.1% interest in Wall AG.

Wall AG is a leading German street furniture company, based in Berlin, which in 2000 had revenues of €63 million. Wall AG provides high quality street furniture and related advertising in major cities including Berlin, Boston, Dusseldorf, Amsterdam, Moscow, and Istanbul and is controlled by its founder Hans Wall and his son Daniel Wall.

Commenting on the strategic stake, Jean-François Decaux, Chairman and Co-CEO of JCDecaux, said: “As a family controlled company we have a strong affinity and unique track record in working with other family companies in the outdoor advertising market. JCDecaux's strong European presence, particularly in Germany and Holland, complements Wall's activities in those two countries which provide over 80% of its revenues. We believe that JCDecaux is the right long-term partner for Wall as it seeks to develop its outdoor business and we hope to have the opportunity of working with the company.”

Key Information on the Group:
- Listed on Euronext Paris on 21 June 2001 and part of the SBF 120 index
- Sales in the first half of 2001 increased 10.7% to 755 million euros
- 2000 sales of 1.4 billion euros (9.3 billion francs)
- N°1 worldwide in street furniture
- N°1 worldwide in airport advertising
- N°1 in Europe for billboards
- 583, 000 advertising faces in 37 countries
- 7,400 employees across the world
- Present in 3,200 cities with over 10,000 inhabitants

For further information:
JCDecaux S.A.
Martine Kneip, Director of Communication
Tel: +33 1 47 12 22 12
martine.kneip@jcdecaux.fr

Financial Dynamics
Tim Spratt / Charles Palmer
Tel: +44 207 831 3113
charlie.palmer@fd.com