Valeo

Earnings Release • Jun 2, 2010

10.12

Valeo specifies its results outlook for the first half 2010

Paris, France, June 2, 2010 – Valeo has set as its objectives for the first half 2010,

• (i) sales of around 4.7 billion euros, a 35% increase versus the first half 2009,
• (ii) an operating margin level of close to 6% of sales, the highest half-yearly level for the past 8 years.

Valeo is therefore confident that it will achieve its objective for the full year 2010 communicated on February 24, which will be fine-tuned during the presentation of the first half results on July 27, 2010.

Valeo is an independent industrial Group fully focused on the design, production and sale of components, integrated systems and modules for the automotive industry, mainly for CO2 emissions reduction. Valeo ranks among the world's top automotive suppliers. The Group has 118 plants, 21 Research centers, 40 Development centers, 10 distribution platforms and employs 55,100 people in 27 countries worldwide.

For additional information, please contact:

Kate Philipps, Valeo Group Communications Director, Tel.: +33 1 40 55 20 65 Thierry Lacorre, Valeo Group Investor Relations Director, Tel.: + 33 1 40 20 39

For more information about the Valeo Group and its activities, please visit our web site www.valeo.com.