Casino Announces the Cancellation of 293,456 Ordinary Shares and 246,384 Preferred Shares

SAINT-ETIENNE, France--(BUSINESS WIRE)--Regulatory News:

At its meeting on 27 August 2008, the Board of Directors decided to cancel:

• 293,456 ordinary shares
• 246,384 preferred shares

Based on the number of shares outstanding at 27 August 2008, the cancelled shares represent 0.30% of Casino's ordinary shares and 1.63% of its preferred non-voting shares.

The cancelled ordinary shares comprise 291,856 shares purchased on the exercise of call options on shares issued upon exercise of employee stock options and 1,600 other shares held in treasury. During the last 24 months, a total of 101,214 ordinary shares purchased on the exercise of call options have been cancelled.

The preferred non-voting shares were acquired by an agent acting on behalf of the Group in view of their cancellation. This transaction was carried out under the share buy-back programme approved by the Annual General Meeting.

As of today, after taking into account the cancelled shares, the share capital consists of 96,965,591 ordinary shares and 14,877,872 preferred shares.

Saint-Etienne – 28 August 2008