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REXEL REXEL ANNOUNCES DISPOSA

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By: pigshow
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Date: 02/23/128048 00:00:00
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Rexel announces the sale of HCL Asia, one of thethree activities of its Agencies Consumers Electronics (ACE) division[1],to the DKSH Group, a privately held Swiss company and the leading MarketExpansion Services provider with a focus on Asia.

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HCL Asia, headquartered in Hong Kong, distributes luxury products such aswatches, skin care products and other fashion-related products in Asiancountries through a network of 54 sales outlets as a wholesaler and duty-free agent.

This business was non-core for Rexel, a global leader in the distributionof electrical supplies, and generated sales of EUR 42 million in 2009 (outof total Group sales of EUR 11.3 billion).

Rexel, a global leader in the distribution of electrical supplies, servesthree main end markets: industrial, commercial and residential. The Groupoperates in 34 countries, with a network of some 2,300 branches, andemploys 29,000 people. Rexel's sales were EUR 11.3 billion in 2009. Itsmajority shareholders are an investor group led by Clayton, Dubilier &Rice, Eurazeo and BAML Capital Partners.

Rexel is listed on the Eurolist market of Euronext Paris (compartment A,ticker RXL, ISIN code FR0010451203). It is integrated in the followingindices: NEXT 150, SBF 120, and CAC Mid 100.

For more information, visit Rexel's web site at

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Contacts

 ------------------------- -------------------- |Financial Analysts /     |Press               ||Investors                |                    | ------------------------- -------------------- |Marc MAILLET             |    深圳搬家公司  Penelope LINAGE| ------------------------- -------------------- |(  33 1 42 85 76 12      | (  33 1 42 85 76 28| ------------------------- -------------------- |         |     | ------------------------- -------------------- |Florence MEILHAC         |Brunswick: Thomas   ||                         |KAMM                | ------------------------- -------------------- |(  33 1 42 85 57 61      | (  33 1 53 96 83 92| ------------------------- -------------------- |         |tkamm@brunswickgroup||                         |.com                | ------------------------- -------------------- 

1 The ACE division is reported under the " Other Activities " segment inRexel's financial statements.

This information is provided by HUGIN

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