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Viel & Cie

Earnings Release Nov 10, 2010

1750_iss_2010-11-10_dfe218ae-e71b-426e-a33d-58222b36afd9.pdf

Earnings Release

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Consolidated revenue for the nine months ended 30 September 2010: €688.6m

VIEL & Cie reported consolidated revenue from its operating subsidiaries of €688.6m for the first nine months of 2010, down 3.6% at current exchange rates (7.9% at constant rates) from €714.1m a year ago.

Third-quarter consolidated revenue from operating subsidiaries was €217.7m compared with €207.4m in the same period last year. This represents a rise of 5% at current exchange rates, and a decline of 4.5% at constant rates.

Consolidated revenue by business segment was as follows:

€m 2010 2009
Interdealer broking 668.7 694.5
Online trading 19.9 19.6
Consolidated revenue 688.6 714.1

In terms of geographic spread, the United Kingdom and the American continent remain the Group's principal revenue generators, contributing 35.0% and 28.9% of consolidated revenue respectively against 35.2% and 29.3% in 2009. Asia accounted for 24.2% of consolidated revenue and continental Europe 11.9%, compared with 22.3% and 13.2% in the period to 30 September 2009.

The Group's financial situation has not changed significantly since the publication of its interim financial statements for the first six months of 2010.

VIEL & Cie comprises three core businesses in the financial sector: Compagnie Financière Tradition, an interdealer broker with a presence in 27 countries, Bourse Direct, a major player in the online trading sector in France, and a 40% equity accounted stake in SwissLife Banque, present in the private banking sector in France.

VIEL & Cie shares (codes: FR0000050049, VIL) are listed in Compartment B of NYSE Euronext Paris, and are included in the SBF 250. For more information about our Group, visit our site at www.viel.com.

Paris, 10 November 2010

Contacts:

VIEL & Cie Virginie de Vichet Director of Communications T: + 331 56 43 70 20

Image 7 Priscille Reneaume T: + 331 53 70 74 93

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