UGGC & Associés assist with the preparation of Eurotunnel extraordinary shareholders’ meeting

UGGC & Associés were appointed by Mr Chriqui, court appointed trustee, to assist him with the preparation of Eurotunnel SA extraordinary shareholders’ meeting that he was in charge of organizing pursuant to an order of Paris Commercial Court, at the request of a group of shareholders. The agenda, set by the court, included the discharge of the board of directors and appointment of a new board. This process, which is exceptional for a listed company with over one million shareholders, raised, in addition to significant material problems likely to have an impact on the proper running of this meeting (notices to attend, role of banking system in forwarding of notices to attend and voting proxies, terms for personal attendance to meeting) numerous issues concerning the scope of the trustee’s assignment, company prerogatives and rights of shareholders who initiated the whole process. For UGGC & Associés, Bernard Grelon, Jean Moissenet & Charles-Emmanuel Prieur were involved to assist Mr Chiriqui with notices to attend and actual holding of this shareholders’ meeting, on 7 April 2004, further to ordinary annual shareholders’ meetings of Eurotunnel SA (French company) and Eurotunnel Plc (English company). Thanks to steps taken by Mr Chriqui and Eurotunnel, the board of director’s appointment process went smoothly and did not affect the management bodies of Eurotunnel SA and Plc.