PR Newswire/Les Echos/
 
                          ?   www.compagniedesalpes.com
                                           Philippe Segretain is named Chairman of the
                                              Compagnie des Alpes Supervisory Board


                     October 16, 2008 - Subsequent to the recommendation of the Appointments and
                     Remuneration Committee, the Supervisory Board of Compagnie des Alpes has decided to
                     name Mr. Philippe Segretain as its chairman, replacing Mr. Dominique Marcel, who recently
                     became Chairman of the Management Board of Compagnie des Alpes.

                     At the same time, Mr. Alain Quinet, CFO and Director of Strategy for the Caisse des Dépôts,
                     was appointed to the Supervisory Board of Compagnie des Alpes, replacing Mr. Dominique
                     Marcel.

                     Mr. Philippe Segretain, 65, exercised a great part of his professional career within the Caisse
                     des Dépôts Group. Most notably, he founded and, from 1988 to 2008, presided over Transdev.
                     Transdev is one of Europe's leading passenger-transportation companies. Mr. Segretain has
                     participated in the Governance of Compagnie des Alpes since 1992, first as a director and
                     subsequently as a member of the Supervisory Board, since 2000.

                     The Supervisory Board of Compagnie des Alpes comprises 12 members, in accordance with
                     the rules of the Corporate Governance Charter adopted on May 29, 2004, and revised on
                     October 1, 2007. The Board includes:
                     - four members from the Caisse des Dépôts Group, including the CDA Chairman,
                     - two representatives of the Compagnie Européenne de Loisirs,
                     - one representative of Sofival, who is CDA's Vice-Chairman,
                     - one representative of the Caisses d'Epargne Group,
                     - one representative of Crédit Agricole des Savoie,
                     - one representative of Banque Populaire des Alpes,
                     - and two independent members.

                     Terms for all Supervisory Board members will expire after the annual meeting called to
                     deliberate the accounts for the fiscal year ending on September 30, 2009.



                  Forthcoming reports:

                          -     Sales figures for fiscal year 2007/2008: October 30, 2008
                          -     Earnings for fiscal year 2007-2008: December 17, 2008




                Compagnie des Alpes is a major player in the European leisure industry. The company operates 38 leisure sites, including 17
                leading ski areas located in the Alps (such as Tignes, Val d'Isère, Les Arcs, La Plagne, Les Menuires, Méribel, and Chamonix)
                and 21 leisure parks (including Parc Astérix, Grévin, Walibi, and others) in seven European countries: France, Italy,
                Switzerland, the Netherlands, Belgium, Germany, and the UK. Consolidated sales reached 505.7 million for the financial year
                ending September 30, 2007, with Group net profit of 28.1 million.

                CDA is included in the following indices: SBF 250, CAC mid 100 and CAC mid & small 190
                ISIN: FR0000053324; Reuters: CDAF.PA; FTSE: 5755 Recreational services

                Contacts :
                Compagnie des Alpes :       Eric GUILPART                  +33.1 46 84 88 79          eric.guilpart@compagniedesalpes.fr
                Kablé Communication Finance Catherine KABLE                +33.1 44 50 54 75          catherine.kable@kable-cf.com




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