HOMAIR VACANCES

BOOKINGS AS OF AUGUST 31st, 2010

Booking statistics for the 2010 season indicate an 11.4 % growth of booked sales of mobile-home vacations as of August 31^st vs. the same 11-months period last year (October to August).

However sales of mobile-homes units to individuals as well as sales of campsite stays to customers travelling with tents or motor-homes are below 2009 level, over the same period.  This should lead to a slightly lower-than-expected consolidated net sales growth. 

Next press release:

                                    2010 consolidated net sales: November 19^th, 2010 (after market closes)

ISIN code: FR0010307322
Ticker: ALHOM

Corporate website: www.homair-finance.com

E-commerce website: www.homair.com

Homair Vacances: a leading specialist in mobile-home holidays

The Group is the French leader of the mobile home holiday market in which it operates exclusively.  In 2009, the Group reported revenue of €42.7 million, achieving a 33% growth over the past year.  For the 2009 season the Group has offered holidays in 6 100 mobile-homes spread across 102 selected or company-operated campsites.

A total of 92% of these stays is sold directly to customers via the Internet, catalogues and the telephone. Internet sales accounted for 63% of direct bookings in 2009, compared to around 34% in 2004.

The Company has leveraged its French customer base to expand its holiday parks offer in major Southern European countries (Spain, Italy, Portugal and Croatia), where it generated 25% of its revenue in 2009. It also sells holidays in Great Britain, Belgium, the Netherlands, Germany, Denmark Italy and Spain.

Note: fiscal year-end is September 30^th (“year n” refers to fiscal year ended September 30^th, n).

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