PR Newswire/Les Echos/

NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

This press release does not constitute an offer of securities in the United
States nor in any other country. Neither the Bonds nor the shares to be issued
may be offered, sold or exercised in the United States unless they are
registered or exempt from registration under the US Securities Act of 1933, as
amended. Chargeurs does not intend to register all or any portion of the planned
offering in the United States or to conduct a public offering of securities in
the United States.

                                                            PRESS RELEASE

                                                     Paris, 12 April 2010

Successful completion of the offering of EUR22.8 million aggregate principal
amount of subordinated bonds convertible into shares (obligations subordonnées
convertibles), with maturity on 1 January 2016

The offering of subordinated bonds convertible into shares (obligations
subordonnées convertibles) with maturity on 1 January 2016 launched on 12 March
2010 has been a great success.

Total demand amounted to approximately EUR41 million, corresponding to a
subscription rate of 178.5%. 398,904 bonds were subscribed by irrevocable
entitlement (à titre irréductible), representing 96.1% of the total number of
bonds issued. On a basis subject to reduction (à titre réductible), 342,203
bonds were requested and demand will, as a result, only be satisfied in part, in
the amount of 16,179 bonds. The final gross proceeds amount to EUR22,829,565
corresponding to the issue of 415,083 bonds.

This offering is a condition precedent of the restructuring of the Group's bank
debt as provided in the Debt Restructuring Agreement entered into on 7 January
2010. The net proceeds from this offering will be allocated to increasing the
capital of Chargeurs SA by EUR6 million and Chargeurs Entoilage by 
EUR16 million.

Lazard Frère Banque S.A. acted as Bookrunner for the offering.

Web site: www.chargeurs.fr

Press Contacts: +33 1 53 70 74 25 - Fax: + 31 1 71 72 33 67

Investors Contacts: + 33 1 71 72 33 53

Availability of the prospectus

A prospectus, including the reference document (document de référence) of
Chargeurs filed with the Autorité des marchés financiers (the "AMF") on 
30 December 2009 under no.R.09-095, a securities notes (note d'opération) and 
the summary of the prospectus (included in the securities note), was filed with
the AMF on 11 March 2010 under n° 10-044. The prospectus is available free of
charge from Chargeurs, 29-31 rue Washington, 75008 Paris, as well as on the
websites of Chargeurs (www.chargeurs.fr) and of the AMF (www.amf-france.org).
Chargeurs draws attention to the risk factors included in chapter 1.2 of the
reference document and in sections 2 and 9 of the securities note.

DISCLAIMER

This press release may not be distributed directly or indirectly in the United
State, the United Kingdom, Canada, Australia or Japan.

This press release and the information contained herein do not constitute an
offer to sell or the solicitation of an offer to purchase the Bonds or shares of
Chargeurs.

No communication or information relating to the issuance by Chargeurs of the
Bonds may be transmitted to the public in a country where there is a
registration obligation or where an approval is required. No action has been or
will be taken outside of France, in any country in which such action would be
required. The issuance or the subscription of the Bonds may be subject to legal
and regulatory restrictions in certain jurisdictions and Chargeurs assumes no
liability in connection with the breach by any person of such restrictions.

This press release is not an offer to the public, an offer to subscribe or
designed to solicit interest for purposes of an offer to the public outside of
France.

European Economic Area

With respect to each Member State of the European Economic Area ("EEA ") which
has implemented the Directive 2003/71/EC (the "Prospectus Directive") other than
France (the "Member State"), no action has been undertaken or will be undertaken
to make an offer to the public of securities requiring a publication of a
prospectus in any Member State. As a result, securities may only be offered in
Member States:

(a) to legal entities which are authorized or regulated to operate in the
    financial markets or, if not so authorized or regulated, whose corporate 
    purpose is solely to invest in securities;

(b) to any legal entity which meets two or more of the following criteria: (1)
    an average of at least 250 employees during the last financial year, (2) a 
    total balance sheet of more that EUR43 million, and (3) an annual net 
    turnover of more than EUR50 million, as per its last annual or consolidated 
    accounts;

(c) in any other circumstances not requiring the issuer to publish a prospectus
    as provided under article 3(2) of the Prospectus Directive.

For the purposes of this paragraph, "Securities offered to the public" means, in
each Member State which has implemented the Prospectus Directive, any
communication in any form and by any means, of sufficient information about the
terms and conditions of the offer and the securities, so as to enable an
investor to decide to buy or subscribe for the securities, as the same may be
varied in that Member State.

This selling restriction applies in addition to any other selling restrictions
which may be applicable in the Member States who have implemented the Prospectus
Directive.

United Kingdom

This document does not constitute an offer of securities to the public in the
United Kingdom. This document is for distribution in the United Kingdom only to
(i) investment professionals falling within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") and
(ii) high net worth entities and other persons to whom it may otherwise be
lawfully communicated within Article 49(1) of the Order (all such persons being
referred to as "relevant persons"). This document must not be acted on or relied
on by persons who are not relevant persons. Any investment or investment
activity to which this communication relates is only available to relevant
persons and will be engaged in only with relevant persons.

United States

This press release and the information contained herein do not constitute an
offer to sell or the solicitation of an offer to purchase the Bonds or shares of
Chargeurs in the United States.

The Bonds referred to in these materials may not be offered, sold or exercised
in the United States (as such term is defined in Regulation S under the US
Securities Act of 1933, as amended) unless they are registered or exempt from
registration under the US Securities Act of 1933, as amended. Chargeurs has not
registered and does not intend to register all or any portion of the planned
offering in the United States or to conduct a public offering of Bonds in the
United States.

Canada, Australia and Japan

The Bonds may not be offered, sold or purchased in Canada, Australia or Japan.
                      
The content and accuracy of news releases published on this site and/or 
distributed by PR Newswire or its partners are the sole responsibility of the 
originating company or organisation. Whilst every effort is made to ensure the 
accuracy of our services, such releases are not actively monitored or reviewed 
by PR Newswire or its partners and under no circumstances shall PR Newswire or 
its partners be liable for any loss or damage resulting from the use of such 
information. All information should be checked prior to publication.