GENERALE DE SANTE : Q3 Results - September 2013 (Uk version)

Published revenue: - 2.9%, with one working day less; up, on a like-for-like basis (+0.9%)

•EBITDA before rent stable: (-0.5%); EBITDA margin rate maintained at 12.1%

•Current operating profit: -2.9%; slightly down, as was the net income attributable to the

Group

Published revenue down by 2.9% at end-September 2013.

On a like-for-like basis, penalized by one working day less, revenue grew by 0.9% compared with the first nine months of 2012. The Group recorded a stabilization in its number of short-term care stays (+0.1%), with 620,000 stays on a like-for-like basis. Emergency care visits increased sharply (+5.6%) on a like-for-like basis, with 296,000 visits to the Group's emergency departments, at the end of September 2013. The Group moreover recorded an increase (+2.5%) in the number of days invoiced in mental health in the period (reaching 682,000 days at the end of September 2013).

The EBITDA was almost stable at €169.5 million,in spite of restrictive governmental

measures and lower rates since early March.

The published current operating profit was €78.3 million at end-September 2013,

versus €80.6 million in the first nine months of last year.

Pascal Roché, the Group's Chief Executive Officer, issued the following statement:

"Our third quarter is in line with our forecasts, with one fewer day, in spite of restrictive governmental measures and a penalizing rate decline since early March. On a like-for-like basis, our revenue has grown by 0.9%, and our debt, at €802.8 million, compared to €834.8 million at end-September 2012, continues to shrink.

In this context of lower rates, our nearly stable EBITDA is resilient due to the Group's constant efforts to manage our expenses. The number of short-term stays remains stable and the number of emergency visits continues to grow. Our strategic plan, MAP 2015, is being implemented according to schedule, in order to increase the quality of care through the implementation of our healthcare center projects and our coordinated treatment packages, in particular outpatient services, but also through innovative new services.»