Viel & Cie

Earnings Release • Feb 12, 2009

Press release

2008 consolidated turnover: €1.013 billion +21.2% at constant exchange rates* (+13.0% at current rates)*

VIEL & Cie's operating subsidiaries posted consolidated turnover of €1.013 billion in 2008, against €896.2 million a year ago*. This represents a year on year rise of 21.2% at constant exchange rates (13.0% at current rates). Group subsidiaries continued their strong growth path, with consolidated turnover reaching €263.8 million in the fourth quarter, a rise of 18.2% at current exchange rates (16.1% at constant rates), compared with the same period last year.

Consolidated turnover by business segment, based on current exchange rates and constant scope of consolidation, was as follows:

€m	2008	2007*
Interdealer broking	981.6	862.7
Online trading	31.4	33.5
Consolidated turnover	1 013.0	896.2

Quarterly consolidated turnover by business segment at current exchange rates was as follows:

	€m	2008	2007 *
1st quarter		256.2	213.7
2nd quarter		250.4	217.8
3rd quarter		242.6	241.6
4th quarter		263.8	223.1
		1013.0	896.2

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% stake in SwissLife Banque, present in the private banking sector in France.

VIEL & Cie shares (codes: FR0000050049, VIL) are listed in Compartment B of the Eurolist by Euronext (NextPrime) Paris, and are included in the SBF 250. For more information on our Group, visit our website www.viel.com.

Paris, 12 February 2009

Contacts:

VIEL & Cie Virginie de Vichet Director of Communications Tel : +33 1 56 43 70 20

Image 7 Estelle Guillot Tantay Tel : +33 1 53 70 74 95

^* Comparative figures for 2007 have been restated to take account of discontinued activities in 2008.