Wine Industry Report

FFP, a Paris listed company, whose majority holders are the Peugeot family, Domaine de Chevalier (Bernard Family), Neipperg Invest and Xavier Planty, have joined to take over the civil society of Château Guiraud, an 1855 Sauternes premier cru classé.

A jewel of the Sauternes community, Château Guiraud, whose wine estate dates from the 15th century, has more than one hundred hectares of vineyards. It has a reputation for its organic growing approach that favors noble rot and the finesse of its liquor-like wines.

Robert Peugeot (FFP), Olivier Bernard (Domaine de Chevalier), Stephan von Neipperg (Château Canon la Gaffelière, La Mondotte) and Xavier Planty (current managing director) have as their objectives to continue Château Guiraud’s excellent production, develop its outstanding reputation, and strengthen its market share in world markets through Bordeaux wine merchants. Due to questions remaining to be clarified, final arrangements should take place at the end of July.

Concerning FFP:
FFP (Société Foncière, Financière et de Participations - FFP) is an industrial and financial holding listed in Paris, whose majority holders are the Peugeot family; its managing director is Robert Peugeot. FFP is the principal stockholder of the PSA group and for some years has followed a policy of friendly equity capital inflows that are long term and minority participation in nature. Among its investments: Linedata Services (editing and integrating packaged software for the financial sector), LISI (mounting and assembly components for the automobile and aeronautical industries), FCC (Spanish group active in construction and building industries, cement and services for local government), HIT/Sanef (motorways of the north and the east of France), Seb (world leader in small household equipment),
www.societe-ffp.fr

Concerning Domaine de Chevalier:
Domaine de Chevalier, a Pessac Léognan grand cru classé, is managed by Olivier Bernard. The estate cultivates the Domaine de la Solitude, which is also located in Pessac Léognan. It is held by Financière Bernard, the holding company of a family group based in Bordeaux that specializes in wine and spirits. The group’s activities cover the production and trade of brandies in collaboration with Lucien Bernard & Cie, the trade of prestigious wines with the companies Millesima, Sobovi, and, in partnership with Moet Hennessy, Wine & Co, as well as Châteaux La Fleur Peyrabon and Peyrabon crus bourgeois of Pauillac and Haut-Médoc.

Concerning Neipperg Invest:
Neipperg Invest is a family holding held mainly by Stephan von Neipperg who also manages it. The Neipperg family owns several other wine properties in Bordeaux (Château Canon La Gaffelière, La Mondotte, Clos de
l’Oratoire, Château Peyreau, Château d’Aiguilhe et Clos Marsalette) as well as abroad (Bessa Valley Winery OOD. - Bulgaria).