• Improved performance in France: sales up 3.5% in Q3 (+3.2% like-for-like)
• Outside France, a robust performance in our growth markets* (+15.8% at constant exchange rates) and resilience in mature European markets (+3.5% at constant exchange rates)
• Positive effects of the action plan launched at the end of H1, and continuation in Q4 of promotional activity, cost cuts and capital expenditure allocation

Q3 sales  highlight:
- An upturn in hypermarket sales in France (+2.1% like-for-like, -0.4% excluding petrol in Q3 2008 versus    -5.5% in Q2).
- The relevance of our multi-format single-banner strategy and the power of our brand, both in France and abroad: strong start for Carrefour Market conversions in France and growth in own brands.
- Continued strong contribution from our growth markets*, now accounting for nearly 30% of Group sales (versus 27% in 2007).  Nine countries achieved double-digit sales growth at constant exchange rates in Q3.

On track to reach our 2008 objectives:
- Sales growth at constant exchange rates of 7%
- Growth in Activity Contribution broadly in line with sales
- Operating free cash flow of €1.5 billion

Commenting on this sales performance, José Luis Durán, Carrefour’s Chief Executive Officer, said:

"Carrefour delivered a very satisfactory third-quarter performance in a challenging environment. Hypermarket sales in France have begun to improve, our growth markets are continuing to play a driving role and our multi-format single-banner strategy is producing visible results. This demonstrates that our action plan is paying off, we will not slacken our efforts to stand by our customers. Our Q3 numbers put us on track to attain our 2008 objectives."

* Growth markets: markets outside France, Spain, Italy and Belgium