Solocal Group Has Begun Exclusive Negotiations with Eric Aderdor for the Sale of Horyzon Media, the Leading Internet Advertising Representative in France

Regulatory News:

Solocal Group (Paris:LOCAL), the European leader in local digital communication, announces that it has begun exclusive negotiations with Eric Aderdor for the sale by Solocal Group of all shares of Horyzon Media. Mr Aderdor is Chief Executive Officer and co-founder of Horyzon Media, the leading internet advertising representative in France with 27.8 million unique visitors per month, 500 advertisers, 70 premium websites and 12,000 affiliated websites covering 19 content themes.

Solocal Group will continue to work with Horyzon Media to market the inventories of PagesJaunes and Mappy.

This negotiation is part of the divestiture programme announced by Solocal Group at its financial communication of 28 April 2015.

Eric Aderdor, 43, is a graduate of the IDRAC Business School in Paris. He is currently CEO of Horyzon Media and Deputy CEO of Solocal Network (Major Accounts division), as well as the Chairman and founder of Orbit Interactive (an advertising program subsidiary of Solocal Group). In addition, Mr Aderdor was the President of the Syndicat des Régies Internet (the French association of internet advertising representatives) between 2011 and 2013, and is a Director of the Internet Advertising Board (IAB). He was previously Media Director for Spir Communication.

About Solocal Group

Solocal Group, the European market leader in local online communication, provides digital content, advertising solutions and transactional services that simply connect people with local businesses. The Group employs some 4,800 people (including nearly 2,300 local communication advisors) in France, Spain, Austria and the United Kingdom and supports the online development of SMB and major client accounts, mainly through its four flagship brands: PagesJaunes, Mappy, ComprendreChoisir and A Vendre A Louer. Over the years, Solocal Group has earned the trust of some 550,000 Internet clients. In 2014, Solocal Group generated revenues of 936 million euros, of which Internet business accounted for 68%, making it a European market leader in terms of online advertising revenues. Solocal Group is listed on Euronext Paris (LOCAL). More information may be obtained at www.solocalgroup.com.

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