Successful completion of the Simplified Public Tender Offer over TLD Group, following which TLD International Holding holds 98.85% of TLD Group's share capital and voting rights (1) Paris, 11 September 2006.

Launch of a Public Buyout Offer, followed by a squeeze-out procedure.

After closing of the Simplified Public Tender Offer, which ran from 1st to 22 August 2006 inclusive, the offer document of which received clearance by the Autorité des Marchés Financiers ('AMF', the French regulatory authority) on 26 July 2006 under reference no. 06-273, TLD International Holding, which is majority-owned by funds managed by Axa Investment Managers Private Equity Europe, has acquired control over 98.85% of TLD Group's share capital and voting rights(1).

In accordance with the applicable laws and regulations, TLD International Holding filed a draft Public Buyout Offer on 30 August 2006, pursuant to which it irrevocably offers to acquire TLD Group shareholders' shares at a price of €26.80 per share, such a price being equal to that offered during the Simplified Public Tender Offer. This Public Buyout Offer will immediately be followed by a squeeze-out procedure on TLD Group shares. A notice was published in the financial newspaper ‘La Tribune’ on 31 August 2006 to announce the filing of the draft Public Buyout Offer followed by a squeeze-out procedure.

The Public Buyout Offer followed by a squeeze-out procedure, the terms and conditions of which are described in the offer document cleared by the AMF (no. 06-304 dated 6 September 2006), will run from 11 September 2006 to 22 September 2006 inclusive.

(1) TLD Group is listed in the C Compartment of Eurolist by Euronext Paris, FR0000034621 – TLD.

About TLD Group:

TLD Group is a company listed on the Compartiment C of the Eurolist - Euronext Paris SA Stock market and specialized in the design, manufacturing and distribution of airport ground support equipment. TLD Group 2005 consolidated revenues amounted to 132.7 million euros.

Press Contact:

AXA Private Equity:
Tel.: +33 1 44 45 92 20

TLD Group:
Jean-Marie Fulconis
Tel.: +33 1 56 34 10 40

Gavin Anderson & Company:
Fabrice Baron
Tel.: +33 1 53 32 61 27
fbaron@gavinanderson.fr