Valeo — Capital/Financing Update 2011

Mar 10, 2011

11.07

Paris, France – March 10, 2011 – Valeo indicated that among the options it is considering in the context of managing its debt maturity profile is a possible issuance of bonds in an amount of approximately €500 million, which could be carried out along with a partial repurchase of its bonds due 24 June 2013, in both cases subject to market conditions.

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 109 plants, 20 Research centers, 38 Development centers, 10 distribution platforms and employs 58,000 people in 27 countries worldwide.

For additional information, please contact: Fabienne de Brébisson Thierry Lacorre Group Communications Vice President Investor Relations Director

Phone: +33 (0)1.40.55.20.65 Phone: +33 (0)1.40.55.20.39

For more information about the Valeo Group and its businesses, please visit www.valeo.com