Parrot

Transaction in Own Shares • Nov 13, 2009

Share buyback program

PARROT

French limited company (société anonyme) with a capital of 1,968,527.52 euros 174-178, quai de Jemmapes - 75010 Paris - France Paris trade and company register: 394 149 496

Paris, November 13th, 2009

Description of the share buyback program implemented by the Board of Directors as authorized at the Combined General Meeting on June 18th, 2009

This document has been drawn up in accordance with the provisions of Articles 241-1 et seq of the general regulations issued by the French securities regulator (Autorité des Marchés Financiers, AMF).

Date of the General Shareholders' Meeting having authorized the buyback program

Authorization granted at the General Shareholders' Meeting on June 18th , 2009 for an 18-month period.

Percentage of capital held by the Company and objective-based breakdown of capital securities held by the Company in connection with the previous buyback program

On October 31st, 2009, the Company held 401,640 treasury shares, representing 3.11% of the capital:

Number of securities	Allocation
18,372	Liquidity agreement
383,268	Allocation of stock options and/or bonus shares to Company or Group staff or corporate officers and/or capital reduction

Objectives of the present share buyback program

The shares bought back may be used with a view to:

• Continuing to implement the liquidity agreement;
• Allocating stock options and/or bonus shares;
• Reducing the Company's capital.

Maximum percentage of the capital, maximum number and characteristics of securities that the Company proposes to buy (outside of the liquidity agreement) - maximum purchase price

Characteristics of securities concerned by the share buyback program: ordinary shares listed on Euronext Eurolist C under ticker PARRO, ISIN FR3000403863.

Maximum number of securities that may be acquired outside of the liquidity agreement: 774,927. Percentage of the capital: 6% on October 31st , 2009.

Maximum purchase price: 175% of the first listed price, i.e. 41.125 euros, as authorized at the Combined General Meeting on June 18th, 2009 for up to 10,000,000 euros.

Share buyback program

Duration of the program

12 months from the General Meeting on June 18th , 2009, i.e. through to June 17th , 2010 inclusive.

Transactions carried out in connection with the previous share buyback program

• Percentage of capital held directly or indirectly as treasury stock at October 31st, 2009: 3.11%
• Number of securities held in the portfolio at October 31st, 2009: 401,640
• Book value of the portfolio at October 31st, 2009: 3,857,499 euros
• Market value of the portfolio based on the closing price at October 31st, 2009: 3,755,334 euros

This document has been drawn up in accordance with the provisions of Article L.451-3 of the French monetary and financial code (Code Monétaire et Financier) and the provisions of Articles 241-1 et seq of the AMF's general regulations.

About PARROT

Parrot, a global leader in wireless devices for mobile phones, stands on the cutting edge of innovation. The company was founded in 1994 by Henri Seydoux as part of his determination to drive the inevitable breakthrough of mobile phones into everyday life by creating high-quality, user-friendly wireless devices for easy living. Parrot has developed the most extensive range of hands-free systems on the market for cars, motorbikes and scooters, including wireless multimedia products geared towards audiovisual applications. In 2008, Parrot launched a new prestige line of high-end products bearing the hallmark of renowned artists. Parrot, headquartered in Paris, currently employs 450 people worldwide and generates 85% of its sales overseas. Parrot is listed on NYSE Euronext Paris since 2006. www.parrot.com NYSE Euronext Paris (FR0004038263 – PARRO)

®The Bluetooth word mark and logos are owned by the Bluetooth SIG, Inc. and any use of such marks by Parrot S.A. is under license. Other trademarks and trade names are those of their respective owners. Tous droits réservés. Les marques PARROT figurant sur ce document sont la propriété exclusive de la société PARROT. Toutes les autres marques sont la propriété de leurs détenteurs respectifs et sont utilisées sous licence par la société PARROT