The foregoing statement
You have requested to view the Road Show investor presentation of Accor relating to the Contribution-Spinoff Transaction in which Accor shareholders will receive shares of Edenred (New Services Holding) (subject to approval at the combined general shareholders meeting scheduled for 29 June 2010). By accessing this document, you acknowledge that you are aware that you should not rely exclusively on this document, but you should instead review carefully the Prospectus referred to below, which contains detailed information relating to the transaction and the business and financial condition of Edenred, as well as the Update of Accor's 2009 Reference Document, which contains additional information relating to the transaction as well as information relating to the business and financial condition of Accor Hospitality.
Copies of the Prospectus that received visa number 10-xxx from the AMF on 12 May 2010 (including the summary of the prospectus), are available free of charge at the head office of New Services (166-180 boulevard Gabriel Péri 92240 Malakoff), and on the websites of Accor (www.accor.com) and of the AMF (www.amf-france.org). Potential investors are urged to consider the risk factors set forth in section 3 “Risk Factors” of the prospectus.







