Dassault Aviation enters exclusive discussions with Alcatel-Lucent to acquire its stake in Thales

Following Dassault Aviation’s press release on October 13, 2008 and Alcatel-Lucent’s one on October 14, 2008, both companies today announced that they are entering exclusive discussions until December 15, 2008 to acquire Alcatel-Lucent’s 20.8% stake in Thales by Dassault. The acquisition price will be 38 euros per share.

Dassault Aviation’s work’s council and board of directors will be called for a meeting.

Dassault Aviation will file with the AMF (French Financial Market Authority) a request for exemption to launch a mandatory tender offer.

Besides, Dassault Aviation has launched discussions with the French state to define the scope of their partnership as shareholders of Thales.

Dassault Aviation and Alcatel-Lucent will keep the market informed about any significant change in their negotiations.