GAGFAH S.A., Luxembourg

German Securities Code A0LBDT / ISIN LU0269583422

Release according to Article 26, Section 1 of the WpHG
[the German Securities Trading Act]

On January 31, 2008, J.P. Morgan Securities Ltd. incorporated in London, Great Britain, has informed us according to the applicable requirements of the Luxembourg Transparency Directive that on January 21, 2008 Highbridge Capital Management LLC, a 77,5 % subsidiary of JP Morgan Asset Management Holding Inc, which in turn is 100 % held by JP Morgan Securities Ltd. holds voting rights on GAGFAH S.A., 2-4, rue Beck, L-1222 Luxembourg, Great Duchy of Luxembourg (German Securities Code A0LBDT, ISIN LU0269583422), amounted to 5.24 % (11,818,697 shares which corresponds to 11,818,697voting rights).

Luxembourg, February 4, 2008

GAGFAH S.A.

The Board of Directors

Notification by JP Morgan