At 31 December 2010, the distribution of capital was : 75,326,258* shares were held by Blue Capital representing 11.09 per cent of the capital 15,166,770** shares were held by Colony Blue Investor representing 2.23 per cent of the capital 5,000,000*** shares were held by Arnault SAS Group* representing 0.74 per cent of the capital 7,085,137 shares were held by the employees representing 1.04 per cent of the capital 3,657,589 shares were held in auto holding representing 0.54 per cent of the capital Zero share was held in auto auditing representing 0 per cent of the capital 573,100,246 shares were held by public representing 84,36 per cent of the capital Altogether the capital was made of 679,336,000 shares * Of which 11,278,447 loaned shares considered as owned according to the provisions of article L.233-9 1 6° of the French Commercial Code. ** Of which 15,166,769 loaned shares considered as owned according to the provisions of article L.233-9 1 6° of the French Commercial Code. *** Share call options considered as owned shares according to the provisions of article L. 239-9 4° of the French Commercial Code.