• Appointment as director of Mr Charles-Henri Filippi

• Renewal of the tenure as director of Mr Bernard Kasriel

• Dividend: €1.38, up by +16.9%.

The Annual General Meeting of Shareholders of L’Oréal was held at the Carrousel du Louvre, in Paris, on Tuesday April 22nd 2008, under the chairmanship of Sir Lindsay Owen-Jones, Chairman of the Board of Directors.

 

The Annual General Meeting:

 

-   approved the parent company financial statements and the consolidated financial statements for 2007.

- decided on the payment of a dividend of 1.38 per share, which will be payable from Wednesday, April 30th 2008. This represents an increase of +16.9% compared with the dividend paid in 2007.


- ratified the cooptation of Mr Filippi as director.

- renewed the tenure as director of Mr Bernard Kasriel.

 

All the resolutions of the Annual General Meeting were adopted by a very large majority. The results of the votes are available on the Internet site www.loreal-finance.com

 

A summary of the Annual General Meeting will be included in the next L'Oréal "Letter to Shareholders", which will be available on request and on the site www.loreal-finance.com

 

"This news release does not constitute an offer to sell, or a solicitation of an offer to buy L'Oréal shares. If you wish to obtain more comprehensive information about L'Oréal, please refer to the public documents registered in France with the Autorité des Marchés Financiers, also available in English on our Internet site www.loreal-finance.com.
This news release may contain some forward-looking statements. Although the Company considers that these statements are based on reasonable hypotheses at the date of publication of this release, they are by their nature subject to risks and uncertainties which could cause actual results to differ materially from those indicated or projected in these statements
."

Contacts at L'Oréal 

Individual shareholders and market authorities
Mr Jean Régis CAROF
Tel. : +33.1.47.56.83.02
jcarof@dgaf.loreal.com

Financial analysts and institutional investors
Mrs Caroline MILLOT
Tel. : +33.1.47.56.86.82
cmillot@dgaf.loreal.com

Journalists
Mr Mike RUMSBY
Tel. : +33.1.47.56.76.71
mrumsby@dgc.loreal.com

Switchboard
Tél: +33.1.47.56.70.00

For more information, please contact your bank, broker or financial institution (I.S.I.N. code: FR0000120321), and consult your usual newspapers, and the Internet site for shareholders and investors, http://www.loreal-finance.com, or its mobile version on your cell phone, http://mobile.loreal-finance.com; alternatively, call +33.1.40.14.80.50.

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