MG International: capital increase

The board of directors of MG International has decided to implement a capital increase with preferential subscription rights.

It is open to all shareholders and will be made through the issuance of 860,000 new shares of € 0.10 nominal value each at a price of 2.62 euros per share, an increase of capital of 2,253,200 euros, including the issue premium.

Each old share will be attached a DPS, four DPS entitling to shares issued. This should in principle be finally realized before June 30, 2011, as an indication the subscription period should extend from 15 to 22 June 2011 inclusive.

MG International has also confirmed its target of sales growth of 20%.