ASSYSTEM

Release about fixing the terms of the ODIRNANE offering and results of the tender offer on existing ORNANE - Seite 2

The issue of the Bonds aims at (i) increasing the debt maturity through the repurchase and the repayment of the 2017 ORNANE (as defined below) the principal amount of which at launch date is €89 million and pursuing the disintermediation of the financial resources of the Group in order to maintain financial flexibility, (ii) funding the general financing needs of the Group and the external growth projects of the Group and (iii) strengthening the balance sheet structure as a result of the qualification as shareholders' equity.

Dominique Louis, Chairman and Chief Executive Officer of Assystem declared: «This transaction will enable Assystem to carry out its plan to become a global player in the strategic sectors of engineering, especially in the nuclear and aerospace fields. International investments on high potential sectors and geographical areas will be paramount in Assystem's foreseeable development. With this transaction, we are strengthening the means of our ambitions ».

The Bonds will be issued at par on the 17 July 2014, date of settlement-delivery. The Bonds and their interest will rank equally with all of the Company's existing and future unsecured and unsubordinated indebtedness and guarantees.

The nominal value per Bond has been set at €28.56, representing a premium of 30% over Assystem's reference share price^[1] on the regulated market of Euronext in Paris ("Euronext Paris").

From the Issue Date until 16 July 2021 the Bonds will bear interest at an annual nominal rate of 4.50% payable annually in arrears on 17 July of each year (an "Annual Interest Payment Date"), and for the first time on 17 July 2015, subject to a suspension in the payment of the interest.

From 17 July 2021 the Bonds will bear interest at a rate equal to the Six-month Euribor Rate increased by 800 basis points, payable semi-annually in arrears on 17 January and 17 July of each year (each such date, an "Semi-Annual Interest Payment Date"), and for the first time, as the case maybe, on 17 January 2022, subject to a suspension in the payment of the interest.

Bondholders may exercise their conversion right at any time from the fortieth day after the issue date (inclusive) until the eighteenth trading day (exclusive) preceding 17 July 2021.

An application will be made for the Bonds to be admitted to trading on Euronext Paris.

Important information

This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for or to sell securities and the offering of the Bonds is not a public offering in any jurisdiction other than France, subject to the following.