Further to the announcement made on 17 March 2006, L'Oréal announces that the offer document (the “Offer Document”) containing the full terms and conditions of the Offer being made by JPMorgan Cazenove Limited, on behalf of L'Oréal, to acquire the entire issued and to be issued share capital of The Body Shop International PLC ("The Body Shop") not already owned by L'Oréal, is being posted to The Body Shop Shareholders today, together with the Form of Acceptance.
Copies of the Offer Document are available for collection (during normal business hours) from Lloyds TSB Registrars at The Causeway, Worthing, West Sussex , BN99 6DA and will shortly be available on L'Oréal's website, www.loreal-finance.com.

Contacts at L'OREAL

Individual shareholders and market authorities
Mr Jean-Régis CAROF
Tel. : +

Financial analysts and institutional investors
Mrs Caroline MILLOT
Tel. : +
Fax : +

Tel. : +
"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.
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."

Offer Document

Posting of Offer Document

JPMorgan Cazenove FT advertisement