Bénéteau

Earnings Release • Jan 28, 2010

2009 -2010:sales up sales up 17% 2010 -2011: growth accelerating 2011: growth accelerating2011: accelerating

Following the winter shows, the Bénéteau winter shows, Group confirmed its forecasts for FY confirmed 2009-10 during its annual meeting with financial analysts, financial analysts, with sales expected to total € with sales €€771 million (+17%). It also revealed its ambitions for the coming financial year:€930 million in sales million (+20%) and €84.5 million in million operating income, representing 9 operating income, 9.1% of sales of salesof sales.

FY2009-10:salesup 17%

• The good level of the order book on the Bénéteau Group's Boat business has been confirmed, representing nearly 70% of the sales target for the whole year at the end of January. This business is therefore expected to grow by 15% in a stable global market. In addition, the Group's development in the segment for power yachts over 15 meters is continuing to move forward as announced.
• The Group's Housing business is benefiting from the upturn seen by the outdoor accommodation sector during summer 2009. The orders placed by professionals to date confirm the target for 8% sales growth on this activity. This growth, combined with the impacts of the industrial synergies implemented, will pave the way for operating income to climb 20%.

FY2010-2011:growth accelerating growth accelerating

In an economic environment that is picking up again, the global pleasure cruising market is expected to grow by 10% in 2011. Part of this growth will be driven by the boom in the yachting market in emerging countries, where the Group is already established. It expects its Boat business to grow by 20%, with operating income surging from 4% to 9% of sales.

Furthermore, sales generated on large power yachts are expected to double to €20 million, enabling this segment to break even.

As of 2011, the mobile home market is expected to return to its pre-crisis levels, with the Group recording €200 million millionmillion in sales on its Leisure Homes Leisure HomesHomesbusiness. Thanks to the synergies developed between O'Hara and IRM, operating income is expected to represent 11% of sales.

In the residential home sector, development will pick up pace, generating €30 million in sales, with operating income coming out at 5%.

Overview

	S ales
	2008-09	2009-10	2010-11
	actual	forecast	target
B oats	494	568	680
Housing	165	178	200
Developing business lines	-	25	50
Group total	659	771	930
Change n-1	-37.5%	+17%	+20.5%

	Operating income
	2008-09	2009-10	2010-11
	actual	forecast	target
B oats	-3.3	22	61
Housing	15	18	22
Developing business lines	-3	-2.5	1.5
Group total	8.7	37.5	84.5
% of sales	+1.3%	+4.9%	+9.1%

About the Bénéteau Group About

As the world's number-one yacht builder Bénéteau Group has continued to develop its business on the powerboat market, and is one of the leading players in Europe. one , the

On both sail and powerboats, the Jeanneau, Lagoon and Prestige brands are able to offer more than 100 models ranging from 20 to 60 feet. The Group has one of the most prestigious names for the custom construction of luxury yachts: expanding its range in the segment for powerboats over 15 meters with Prestige Yachts and Yachts. Bénéteau, CNB. It is Monte Carlo

The Group is also a leading player on the leisure home market and is developing its business on the market for high environmental performance residential homes. With the design and manufacturing of wooden-frame houses, it aims to make homes that are accessible in terms of their pricing and compliant with sustainable development standards. European quality

www.beneteau-group.com

Bénéteau Group press information Tel: +33 6 72 56 25 69 Shareholder contact 16 bd de la Mer : Bérengère Corbel b.corbel@beneteau - +33 2 51 26 21 28 - Fax: +33 2 51 26 88 55 ontact: Yannick Coicaud-Thomas y.coicaud.thomas@beneteau - BP 319 - 85803 Saint Gilles Croix de Vie Cedex - France b.corbel@beneteau-group.com y.coicaud.thomas@beneteau-group.com