SEAT: Agreement with the shareholders and founders of Consodata S.A.

08/02/2002 - 00:00 PM

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SEAT entered into an agreement with the shareholders and founders of Consodata S.A., a French corporation listed on the Nouveau Marché of the Paris Stock Exchange. This agreement replaces the previous agreements respectively dated 31 July 2000 and 11 February 2002. The parties amended the terms and conditions of the "put options" already granted by SEAT to the shareholders mentioned above, and the "call option" already granted by such shareholders to SEAT. This new agreement, by replacing the options previously agreed, grants to SEAT the right to exercise the "call option", from 30 September 2002 until 31 January 2003, and to the shareholders mentioned above the right to exercise the "put option" from 1st February 2003 until 28 February 2003. The exercise price of both such options is the same exercise price previously provided with respect to the "put" and "call" options exercisable in circumstances other than the sale of the company. This new agreement has been filed with the Conseil des marchés financiers (CMF) which will ensure its public communication.