DANONE : Result of the option to receive the 2014 dividend payment in shares

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                                                                           Paris, June 1, 2015

Result of the option to receive the 2014 dividend payment in shares

The Shareholders' Meeting, held on April 29, 2015 in Paris, has approved the proposed dividend, related to the 2014 fiscal year, of € 1.50 per share and has decided to offer each shareholder the possibility to receive the dividend in cash or in DANONE shares.

The option period was open from Thursday May 7, 2015 to Thursday May 21, 2015 included. At the end of the option period, 65.95% of rights were exercised in favor of the 2014 dividend payment in shares.

For the purposes of the dividend payment in shares, 10,321,148 new shares will be issued, representing 1.60% of Danone's share capital on the basis of the share capital as of May 31, 2015. As a reminder, the issuance price of the new shares to be issued in payment of the dividend is set at €57.26. It represents 90% of the average of the opening Company's share prices on Euronext Paris of the 20 trading days preceding the date of the Shareholders' Meeting less the amount of the dividend, rounded up to the next euro cent.

The settlement and delivery of the shares as well as their admission to trading on Euronext Paris will occur on Wednesday June 3, 2015. The shares will carry dividend rights as from January 1, 2015 and will be fully assimilated to existing shares already listed.

The total cash dividend to be paid to the shareholders who did not elected the share option amounts to €311,103,565.50 and will be paid from Wednesday June 3, 2015 onwards.

About Danone
With its mission to bring health through food to as many people as possible, Danone is a world leading food company built on four business lines: Fresh Dairy Products, Early Life Nutrition, Waters and Medical Nutrition. Through its dual economic and social project, and its mission, the company aims to create shared value for all its stakeholders: its 100,000 employees, consumers, customers, suppliers and shareholders.
Present in over 130 markets, the company generated sales of €21.1 billion in 2014, with more than half in emerging countries. The company's brand portfolio features international brands (Activia, Actimel, Danette, Danonino, Danio, Evian, Volvic, Nutrilon/Aptamil, Nutricia) and local brands (Prostokvashino, Aqua, Bonafont, Mizone, Blédina, Cow & Gate, Dumex).
Listed on Euronext Paris and on the OTCQX market via an ADR (American Depositary Receipt) program, Danone is a component stock of leading social responsibility indexes including the Dow Jones Sustainability Indexes, Vigeo and the Ethibel Sustainability Index. Danone is also ranked no. 1 in the 2013 ATNI index.