EURO DISNEY S.C.A. Euro Disney announces completion of its legal and financial restructuring (Marne-la-Vallée, February 23, 2005) Euro Disney S.C.A. announced today the
official completion of its legal and financial restructuring following the
final settlement of the Company's share capital increase.
Accordingly, the terms of the Memorandum of Agreement between the Company, The
Walt Disney Company and the Company's lenders and subsequent related
documentation are now fully effective.
------------------------------------------------------------------------ Euro Disney S.C.A. and its subsidiaries operate the Disneyland Resort Paris
which includes: Disneyland Park, Walt Disney Studios Park, seven themed hotels
with approximately 5,800 rooms (excluding 2,033 additional third-party rooms
located on the site), two convention centres, Disney Village (a dining,
shopping and entertainment centre) and a 27-hole golf facility. The Group's
operating activities also include the management and development of the
2,000-hectare site, which currently includes approximately 1,000 hectares of
undeveloped land. Euro Disney S.C.A.'s shares trade in Paris (SRD), London and
Brussels.
These materials are not an offer to sell or a solicitation to buy any
securities in the rights offering in France, the United States or any other
jurisdiction. The rights offering has been made only by means of an offering
document complying with the applicable securities laws of the jurisdiction or
jurisdictions in which such rights offering shall be made. The securities
offered in the rights offering have not been and will not be registered under
the United States Securities Act of 1933 and may not be offered or sold in the
United States or in any other jurisdiction absent registration, an applicable
exemption from registration requirements or qualification under the applicable
securities laws of such jurisdiction.
Corporate Communication Investor Relations Pieter Boterman Fiona Lord Duarte Tel: +331 64 74 59 50 Tel: +331 64 74 58 55 Fax: +331 64 74 59 69 Fax: +331 64 74 56 36 e-mail: pieter.boterman@disney.com e-mail: fiona.lord.duarte@disney.com Code ISIN: FR0000125874 Code Reuters: EDL.PA Sicovam: 12 587 Code Bloomberg: EDL FP END
|