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Valeo Management Services

Valeo Ends the Process of Examining the Indications of Interest From Investment Funds

Paris (ots/PRNewswire)

In line with the timetable given in its
press release of 15 May 2007, Valeo (OTC: VLEEY) indicates that the
process of examining the  indications of interest received from
investment funds has been completed  without an acceptable offer
being made within the defined timeframe.
In line with the wishes of its shareholders, as widely expressed
during the Annual General Shareholders' Meeting of 21 May, Valeo will
concentrate on its strategy of value creation. This strategy is based
on innovation and the focusing of the product portfolio on the three
Domains of Driving Assistance, Powertrain Efficiency and Comfort
Enhancement through targeted divestitures and acquisitions.
Valeo has objectives for 2010 of a 6% operating margin and the
doubling of its return on capital. Achievement of these objectives is
dependent on more sustained organic growth from 2008, the
reengineering of the Group's functions and the absorption of charges
related to raw materials.
Valeo is an independent industrial group dedicated to the design,
production and sale of components, integrated systems and modules for
cars and trucks. It is one of the world's leading automotive
suppliers. The Group has 131 production sites, 68 R&D centers, 9
distribution platforms, and employs 71,100 people in 29 countries
worldwide.
For more information about the Group and its activities,
please visit our web site www.valeo.com
For additional information, please contact:
    Kate Philipps
    Communications Director
    Tel: +33-1-40-55-20-65
    Rémy Dumoulin
    Investor Relations
    Tel: +33-1-40-55-29-30

Contact:

For additional information, please contact: Kate Philipps,
Communications Director, Tel: +33-1-40-55-20-65; Rémy Dumoulin,
Investor Relations, Tel: +33-1-40-55-29-30

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