THEOLIA's management has taken notice of an article published on Monday May 18, 2009 on the internet site: www.econostrum.info, in which Jean-Marie Santander makes reference to the non-competition clause, signed in the context of his departure from THEOLIA.
Given the confidential nature of this clause, THEOLIA is not in a position to disclose its content, but notes that the scope of the clause as described in the article is inexact.
Once again, THEOLIA can only regret, as it already had in its press release of January 28, 2009, that the obligation of discretion and confidentiality imposed by the rules of procedures of the Company's Board of Directors has not been respected in this new article.
THEOLIA's management is taking every measure necessary to ensure the protection of the Company's interests.
THEOLIA is a leading European producer of electricity from wind energy. THEOLIA is active in France, Germany, Italy, India, Brazil and Morocco. THEOLIA trades on the compartment B of Euronext Paris, regulated market of NYSE Euronext, under the symbol TEO. The stock is in the SBF 120 and CAC MID100 indices.
For more information
Edward F. McDonnell
Director of Investor Relations
Tel: +33 (0)4 42 906 594
French Société Anonyme (public limited company with Board of Directors) with share capital of ¤39,885,207
Registered office: 75 rue Denis Papin BP 80199 - 13795 Aix-en-Provence cedex 3 - France
Tel : +33 (0)4 42 904 904 - Fax : +33 (0)4 42 904 905 - www.theolia.com
THEOLIA is listed on the compartment B of Euronext Paris, code: TEO
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