Corporate presentation

2005

2005

2Corporate Presentation

Contents

A Unique Group

2004 Key Figures

A Strong International Presence

Prestigious Brands – Retail & Luxury

A Stable Shareholder Base

A New Visual Identity

2005

3Corporate Presentation

A global player in Retail and Luxury Goods

A portfolio of exceptional brands

Solid potential for organic growth

An objective: “To be one of the most admired companies in the world”

A Unique Group

2005

4Corporate Presentation

A Unique Group

Retail

Luxury Goods: Gucci Group

A portfolio of exceptional brands

2005

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EUR 17.8 billion in sales* Up 6.6% from 2003 (EUR 16.5 billion)

50.7% generated outside of France Nearly EUR 1 billion generated via Internet (Retail)

82,000 employees in 65 countries at December 31, 2004

* all figures in this presentation exclude Rexel (divested in Dec 2004) and take into account 14 months of Luxury Goods sales to harmonize the reporting periods of PPR and Gucci Group

2004 Key Figures

2005

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2004 Key Figures

Sales by product category

Home and leisure

OtherApparel and

lifestyle

45.6%

14.8%39.6%

Sales by business

Retail

Luxury Goods

18.1%

81.9%

2005

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A Strong International Presence

Europe 73.1%of which 49.3% in France

Africa 8.0%

Asia Pacific7.0%

the Americas 11.9%

Sales by geographic area

2005

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Prestigious Brands - Retail

5 well known and respected companies with leading positions in their markets

Meeting the needs of customers in the worlds of fashion, beauty, home furnishings and appliances, culture and technology

Successful international expansion:

41.8% of sales outside of France

2004 sales by company

Conforama

CFAO

Fnac

Printemps

Other

Redcats

30.2%

6.6%12.8%

21.3%

0,6%28.5%

2005

9Corporate Presentation

Number 3 worldwide in home shopping

2004 sales: EUR 4.4 billion 52.9% outside of France 60.9% in apparel 13.6% in home furnishings

20,710 employees

17 brands sold in 18 countries 53 e-commerce websites 30 catalogues 102 stores

22 million customers

2005

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The reference among French department stores

2004 sales: EUR 958 million 46.5% in apparel 38.0% in other lifestyle products

5,551 employees

27 department stores (18 directly operated) 41.2% of sales at the flagship Printemps Haussmann

A sporting goods unit combining stores (1 Citadium, 22 Made in Sport), catalogues and e-commerce sites

6.7 million customers

2005

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The leading retailer of cultural and leisure products

2004 sales: EUR 4.1 billion 22.4% outside of France 34.1% in computer products 22.9% in music 18.4% in books

18,790 employees in 8 countries 112 stores, including 45 outside of France 15 million customers per year in France A brand catering to children: Fnac Eveil & Jeux A leading e-commerce site: fnac.com

2005

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Number 2 worldwide in household goods

2004 sales: EUR 3.1 billion 33.1% outside of France 46.0% in home furnishings 22.1% in consumer electronics 15.9% in home appliances

14,407 employees in 8 countries

240 stores, of which 193 directly operated

53 stores outside of France

9 million customers per year in France

New store concept introduced in 2003

2005

13Corporate Presentation

2004 sales: EUR 1.9 billion 50% in automobiles 31% in pharmaceuticals 5% in technology

10,309 employees

29 African countries, 6 overseas territories 34,200 vehicles sold in 2004

Deliveries to 15,000 pharmacies each day

A leader in Africa and French Overseas Territories

2005

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Sales by brand 2004 sales: EUR 3.2 billion*

Number 3 worldwide in Luxury Goods

A portfolio of iconic brands

11,655 employees

398 directly operated stores

* Sales for 14 months (from Nov 1, 2003 to Dec 31, 2004)

Other

YSL Beauté Gucci

Bottega Veneta

Yves Saint Laurent

22.9%

6.1%

3.5%

8.3%

59.2%

Prestigious Brands - Luxury

2005

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One of the industry’s most profitable brands

Sales: EUR 1.9 billion 4,707 employees 198 directly operated stores 2 Creative Directors:

• Frida Giannini - accessories & women’s wear• John Ray - men’s wear

Luxury leather goods

Sales: EUR 113 million 559 employees 65 directly operated stores Creative Director: Tomas Maier

2005

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Women’s and men’s ready-to-wear, leather goods and shoes

Sales: EUR 196 million 928 employees 60 stores Creative Director: Stefano Pilati

Fragrances and cosmetics division

Sales: EUR 734 million 3,902 employees 2 manufacturing facilities Manufactures and distributes Yves Saint

Laurent, Roger & Gallet, Alexander McQueen and Stella McCartney products, as well as products under license for Oscar de la Renta, Van Cleef & Arpels, Ermenegildo Zegna and Fendi

2005

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Other Luxury Brands

Sergio Rossi

Boucheron

Stella McCartney

Alexander McQueen

Balenciaga

Bédat & C°

2005

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PPR in the CAC 40 index of French blue chip companies

Listed on Euronext Paris

Shareholder structure at Dec. 31, 2004

Artémis

Institutional investors

Individual shareholders

Other

41.9%

11.2%

42.2%

4.7%

A Stable Shareholder Base

2005

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Marks the completion of the strategic shift initiated in 2002 to focus on two core businesses

Translates the Group’s new profile, with elements from the Retail and Luxury worlds

Reflects the Group’s unity and coherence of its business mix

A simpler, more international name

A New Visual Identity

for more information www.pprgroup.com

Updated: April 2005