BOND ISSUANCE

HOMAIR Vacances has issued yesterday a €2.4m bond as part of the GIAC bond programme. This features a particularly long maturity (9.5 years) at a nominal rate of EURIBOR +3.05%.

This is a positive addition to the active financing diversification policy led by the Group's management over the past 12 months, which demonstrates the attractiveness of its underlying business model:

• Micado bond issued in September 2012 (HOMAIR first issuer)


• Sale and lease transaction on part of the land portfolio


• Oseo credit line

For the record, HOMAIR Vacances has built a sound financial structure with shareholders' equity growing alongside the Group's net income (+€4.0m) in 2012, while the Net Financial Debt has been reduced from €56.5m in 2011 to €53.1m in 2012 and cash position amounts to c.€15m on its September 30^th 2012 consolidated balance sheet. This provides the Group with an interesting strategic flexibility in a highly fragmented sector.

Next press release:

End-of-March bookings: April 1^st, 2013 (after market closes)

ISIN code: FR0010307322

Ticker: ALHOM

Corporate website: www.homair-finance.com

E-commerce website: www.homair.com

Homair Vacances: a leading specialist in mobile-home holidays

The Group is the French leader of the mobile home holiday market in which it operates exclusively. In 2012, the Group reported revenue of €66.5 million, and operates c.8,500 mobile-homes spread across c.150 selected or company-operated campsites.

The Company has leveraged its French and British customer base to expand its holiday parks offer in major Southern European countries (Spain, Italy, Portugal and Croatia). It sells holidays in France and Great Britain, but also in Belgium, the Netherlands, Germany, Denmark Italy and Spain.

Note: fiscal year-end is September 30^th (“year n” refers to fiscal year ended September 30^th, n).

CONTACTS :

Philippe de Trémiolles

CFO

[email protected]

T : +33 (0) 4 42 59 14 32

F : +33 (0) 4 42 95 03 63

Corinne Haury

Analysts, Investors and Press relations

[email protected]

T : +33 (0) 6 85 76 05 60

 

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