CLAUDIUS FRANCE - PUBLIC OFFER FOR THE SHARES AND THE REDEEMABLE WARRANTS OF CEGID GROUP - Seite 2

Paris, France, July 29, 2016 - Pursuant to article L. 612-8 of the French Monetary and Financial Code and article 231-23 of the AMF General Regulation, Claudius France announces that it has obtained the AMF visa on the public offer pursuant to which Claudius France irrevocably undertakes to acquire (i) all of the Cegid Group shares at the price of 61.00 euros per share (ex-dividend, following payment of 1.25 euros dividend per share on May 13, 2016) and (ii) all the redeemable warrants 1 and 2 issued by Cegid Group and traded on Euronext Paris (under the respective ISIN numbers FR0010928093 and FR0010928119) at a price of 44.25 euros per redeemable warrant, with both shares and redeemable warrants to be paid exclusively in cash (the "Offer").

The information memorandum (the "Information Memorandum") issued by Claudius France has obtained the AMF visa n°16-346 on July 26, 2016, pursuant to a clearance decision rendered by the AMF on the same day.

The Offer will be open for a period of 30 trading days. Prior to the opening of the Offer, the AMF will publish an opening and timetable notice for the Offer. Holders of shares and/or redeemable warrants of Cegid Group willing to tender their shares to the Offer must deliver a transfer order in relation to their shares and/or their warrants to their financial intermediary no later than the last day on which the Offer is open and in a timely manner so that their order can be executed. Shareholders and warrant holders are encouraged to check with their respective financial intermediaries regarding the latest date they can submit their transfer order.

In accordance with articles 231-27 and 231-28 of the AMF General Regulation, the "Other Information" document relating, in particular, to the legal, financial and accounting characteristics of Claudius France (the "Other Information Document") has been filed with the AMF and has been made available to the public today.

The Information Memorandum as cleared by the AMF and the Other Information Document are available on the websites of Cegid Group (www.cegid.com) and the AMF (www.amf-france.org) and may be obtained free of charge at the offices of Natixis, 47, quai d'Austerlitz, 75013 Paris, France.

Any additional information regarding the Offer may be obtained from Georgeson, acting as information agent for the Offeror, by calling the following toll-free number:

00 800 6540 6540

Contacts :