Further information related to the acquisition of the control of Camaïeu by AXA Private Equity Paris, 14 January 2005

Further to the announcement jointly made on 13 January by AXA Private Equity and Camaïeu about the acquisition of the control of Camaïeu by AXA Private Equity, both companies specify that the price of € 85 per Camaïeu share at which the Torck and Giraud-Verspieren families together with certain members of Camaïeu's management team have irrevocably undertaken to sell their Camaïeu shares and price at which Financière Addax, a company owned by AXA Private Equity, will submit its planned public tender offer for all Camaïeu's shares, represents a premium of 16% compared to the average share price of the 3 and 6 months prior to the announcement and not 7% as this was stated by mistake in certain publications this morning.

Besides, AXA Private Equity and Camaïeu remind that the controlling block acquired by AXA Private Equity represents 52.7% of Camaïeu's voting rights.

For further information, www.camaieu.com

Press contact:
Bénédicte Delaby - Tel.: +33 (0)3 20 99 71 13
bdelaby@camaieu.fr