REXEL : Rexel's 2012 Annual General Meeting

REXEL'S 2012 ANNUAL GENERAL MEETING

Rexel, a global leader in the distribution of electrical supplies, held its Shareholders' Assembly today in Paris.

All the resolutions submitted to shareholder vote were approved by a large majority, including those pertaining to the dividend payment and the composition of the Supervisory Board.

Dividend payment

Rexel's annual meeting of shareholders approved the distribution of a dividend of €0.65 per share and also decided to offer each shareholder the option of receiving the dividend payment either in cash or in new Rexel shares. The shareholders can exercise their option from May 24, 2012 (inclusive) to June 12, 2012 (inclusive) upon request to the concerned financial intermediaries. In the event of the absence of exercise of the option before June 12, 2012 (inclusive), the dividend will be paid in cash. The choice will apply to the full dividend amount for which this choice is offered. The price of the new shares issued for the dividend payment is set at € 13.39. The record date is May 23, 2012 and the ex-dividend date is May 24, 2012. The payment in cash or the delivery of the new shares when the option is exercised will be carried out from June 25, 2012. The maximum number of new shares that can be issued if the option is exercised is 12,954,190, i.e. 4.82% of Rexel's share capital and voting rights.

Supervisory Board: Appointment of an independent member and renewed mandates for five members

Shareholders also voted in favour of renewing the mandates of five members of the Supervisory Board for four years: Roberto Quarta, Fritz Fröhlich, Manfred Kindle, François David, and Eurazeo.

Shareholders also approved the appointment of Thomas Farrell as member of the Supervisory Board for four years. His designation as independent member of the Supervisory Board and his appointment as member of the Strategic Committee and member of the Audit Committee were also approved by Rexel's Supervisory Board on May 16 2012.

Thomas Farrell

Thomas Farrell has been with Lafarge since 1990. Prior to joining Lafarge, Thomas Farrell was a corporate attorney with Shearman & Sterling, working at both their New York and Paris offices. After joining Lafarge, Thomas Farrell first worked at the Paris headquarters as Vice-President of Strategy for two years. From 1992 to 2002, he managed various Lafarge operating units in France, Canada and India. In June 2002, Thomas Farrell was appointed EVP of Lafarge North America. In September 2007, he was appointed Lafarge Group EVP, Co-President of the Aggregates & Concrete Division, and a member of the Executive Committee. In January 2012, he became Group EVP, Operations. Thomas Farrell is a graduate of Brown University (1978) and a doctor in law (PhD) from Georgetown University (1981).

Rexel, a global leader in the distribution of electrical supplies, serves three main end markets: industrial, commercial and residential. The Group operates in 37 countries, with a network of some 2,200 branches, and employs over 28,000 people. Rexel's sales were €12.7 billion in 2011. Its majority shareholders are an investor group led by Clayton, Dubilier & Rice, Eurazeo and BAML Capital Partners.

Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is integrated in the following indices: SBF 120, CAC Mid 100, CAC AllTrade, CAC AllShares, FTSE EuroMid, FTSE4Good, STOXX600 and ASPI Eurozone.

For more information, visit Rexel's web site at www.rexel.com:
http://www.XYZ.com/

Contacts

Financial Analysts / Investors	Press
Marc MAILLET	Pénélope LINAGE-COHEN
[phone]	[phone]
[e-mail]: mailto:[e-mail]	[e-mail]: mailto:[e-mail]
Florence MEILHAC	Brunswick: Thomas KAMM
[phone]	[phone]
[e-mail]	[e-mail]: mailto:[e-mail]

Disclaimer

This press release constitutes the information document required in application of articles 212-4 (§4) and 212-5 (§5) of the General Regulations of the Autorité des marchés financiers and of article 13 of guideline 2005-11 of December 13, 2005 as amended.

This press release does not constitute a tender offer for securities. This press release and any other document concerning the payment of dividend in shares shall not be published outside France unless in accordance with local laws and regulations et shall not constitute an offer for securities in countries where such offer would violate applicable laws and regulations.

The stock dividend election described herein is not available to shareholders in Australia, Japan or any country in which such election would require the registration with, or approval by, local securities regulators.  Shareholders are required to inform themselves of any election conditions that may apply under their local law.  In deciding whether to make an election to receive shares, shareholders should consider the risks associated with an investment in shares.  For further information regarding the Company, its business, its strategy, its financial results and the risks it faces, please refer to the section "Risk Factors" in Rexel's Annual Report (which is available on www.rexel.com:
http://www.rexel.com/).

Rexel's 2012 Annual General Meeting:
http://hugin.info/143564/R/1612940/513580.pdf

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Source: REXEL via Thomson Reuters ONE

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