Carrefour: Result of the Option to Receive the 2012 Dividend Payment in Shares

Regulatory News:

At the Annual General Meeting held on April 23, 2013, Carrefour's (Paris:CA) shareholders decided to offer shareholders an option to receive the 2012 dividend in shares.

The issue price of the new shares has been set at 19.62 euros per share, representing 95% of the average opening prices quoted on NYSE Euronext Paris during the 20 trading days preceding the date of the Annual General Meeting, less the net amount of the dividend of €0.58 per share and rounded upward to the nearest euro cent.

The option period was opened from May 2, 2013 to May 23, 2013. At the end of the option period, shareholders having elected to receive the 2012 dividend payment in shares represented 72.06% of Carrefour's shares.

For the purposes of the dividend payment in shares, 14,769,539 new shares will be issued, representing 2.08% of the share capital and 1.84% of the voting rights of Carrefour on the basis of the share capital and the voting rights as of April 30, 2013. The settlement and delivery of the shares as well as their admission to trading on NYSE Euronext Paris will occur on June 7, 2013. The shares will carry dividend rights as from January 1, 2013 and will be fully fungible with existing shares already listed.

The total cash dividend to be paid to the shareholders who did not elect the share option amounts to €114 million and will be paid on June 7, 2013.