Eiffage S.A.

Earnings Release • Apr 19, 2016

Vélizy-Villacoublay, 19th April 2016

Press release

APRR turnover and traffic for the 1st quarter 2016

1 st QUARTER 2016

Consolidated revenue

In millions of euro	Q1 2015	Q1 2016	% change
Toll revenues	491.4	525.8	+ 7.0%
Revenue from retail facilities, telecommunications and other	14.8	14.9	+ 0.8%
Revenue excluding Construction	506.2	540.7	+ 6.8%
Construction revenue (IFRIC 12)*	19.7	24.0	ns

(*) Reminder: the application of IFRIC 12 from 1 January 2009 requires the recognition of revenue generated by construction activities, which corresponds to infrastructure construction services performed by the concession operator for the account of the concession grantor, this work being entrusted to third parties and recognised using the percentage of completion method.

Excluding Construction, APRR's consolidated revenue totalled €540.7 million in the first quarter of 2016, an increase of 6.8% from €506.2 million in the first quarter of 2015.

Traffic

In millions of kilometres travelled	Total network
	Q1 2015	Q1 2016	% change
Light vehicles	4,099	4,388	+ 7.1%
Heavy goods vehicles	829	861	+ 3.9%
Total	4,928	5,249	+ 6.5%

Overall traffic measured by the number of kilometres travelled increased by 6.5% yearon-year in the first quarter of 2016.

Light vehicle traffic increased 7.1% compared to Q1 2015.

Heavy goods vehicle traffic increased by 3.9%.

First quarter traffic has benefited from very favourable calendar and comparable effects without impact on the rest of the year. These are, amongst others, the additional day of the leap year and, for the light vehicles, the scheduling of the winter school holidays and the positioning of the Easter weekend during the month of March 2016.

Tariffs

Tariffs are subject to an annual revision contractually agreed with the State. This year for APRR & AREA, it has translated from 1st February 2016 onwards into an average increase of 1.23% and 1.27% respectively for light vehicles.

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Investor relations Press contact Xavier Ombrédanne Sophie Mairé Tel: + 33(0)1 71 59 10 56 Tel: + 33 (0)1 71 59 10 62 Email: xavier.ombredanne@eiffage.com Email: sophie.maire@eiffage.com