SOURCE: PERNOD RICARD

January 11, 2008 02:05 ET

PERNOD RICARD : Two-for-one share par value split

PARIS--(Marketwire - January 11, 2008) - Two-for-one share par value split

Press release - Paris, 11 January 2008 - Pernod Ricard reminds the market that the Combined General Meeting of Shareholders, meeting on 7 November 2007, decided in its seventeenth resolution to implement a two-for-one split of the Pernod Ricard shares, and consequently to exchange each share outstanding at 15 January 2008, with a par value of EUR 3.10 each, for two new shares with a par value of EUR 1.55 each.

The Combined General Meeting of Shareholders also decided that the share par value split will take effect from 15 January 2008.

At 15 January 2008, the number of shares comprising the share capital shall be multiplied by two and the share shall trade on the basis of a price divided by two.

This transaction shall be carried out at no costs, formalities or loss of rights for all Pernod Ricard shareholders.

As of 15 January 2008, the number of shares comprising the share capital of Pernod Ricard shall total 219 480 724 shares with a par value of EUR 1.55 each.

About Pernod Ricard

Created by the merger between Pernod and Ricard (1975), the Group has undergone sustained development, founded on both organic growth and acquisitions. The purchase of part of Seagram (2001) and the acquisition of Allied Domecq (2005) have made Pernod Ricard the world's n degrees2 in wines and spirits with sales of EUR 6.4 billion.

Pernod Ricard avails of a balanced portfolio, including a number of the most prestigious wine and spirit brands in the world: Ricard aniseed, Ballantine's, Chivas Regal and The Glenlivet whiskies, Jameson's Irish Whiskey, Martell cognac, Havana Club rum, Stolichnaya vodka (distribution rights), Beefeater gin, Kahlúa and Malibu liqueurs, Mumm and Perrier-Jouët champagne, as well Jacob's Creek and Montana wines.

Pernod Ricard is one of the world's leading companies in wines and Premium spirits, the market segments that are seeing the strongest growth prospects. The Group is number one in the Ultra Premium spirits market.

The Group favours a decentralised organisation, with Brand Owners and Distribution Companies established in each key market, and employs a workforce of around 18,000 in 70 countries.

In addition, Pernod Ricard is strongly committed to a sustainable development policy and thus encourages responsible consumption in order to prevent alcohol abuse.

For more information: www.pernod-ricard.com

Contacts Pernod Ricard

Francisco de LA VEGA / Communication VP

Tel: +33 (0)1 41 00 40 96

Denis FIEVET/ Communication - Investor Relations VP

Tel: +33 (0)1 41 00 41 71

Florence TARON / Press Relations Manager

Tel: +33 (0)1 41 00 40 88

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