TOUAX: Completion of the sale of the shares of Touax Solutions Modulaires by TOUAX SCA to WH Bidco SAS, a company indirectly controlled by TDR Capital LLP to occur on 8 December 2017

PRESS RELEASE  -  Paris, 28 November 2017- 6 p.m.

TOUAX

YOUR OPERATIONAL LEASING SOLUTION

Completion of the sale of the shares of Touax Solutions Modulaires by Touax SCA to WH Bidco, a company indirectly controlled by funds managed by TDR Capital LLP, to occur on 8 December 2017

Completion of the sale of the shares of Touax Solutions Modulaires SAS ("TSM") by TOUAX SCA to WH Bidco SAS, a company indirectly controlled by funds managed by TDR Capital LLP, (the "Transaction") to occur on 8 December 2017.

WH Bidco SAS (a company indirectly controlled by funds managed by TDR Capital LLP) and TOUAX SCA announce that an amendment to the share purchase agreement with respect to the shares of TSM dated 4 August 2017 was signed today (the "Amendment").

A mutually acceptable position was reached on the Amendment and the enterprise value for the Transaction is €165 million.

The Amendment irrevocably provides for the definitive completion of the Transaction to occur on 8 December, 2017. The dispute between the parties relating to the Transaction was also settled.

Contacts:

TOUAX

Fabrice & Raphaël Walewski

Managing partners

touax@touax.com

Tel: +33 (0)1 46 96 18 00

ACTIFIN

Ghislaine GASPARETTO

ggasparetto@actifin.fr

Tel: +33 (0)1 55 88 11 11