Rallye Group

FIRST SUPPLEMENT DATED 03 JULY 2012

TO THE BASE PROSPECTUS DATED 14 DECEMBER 2011

RALLYE (A French société anonyme) Euro 4,000,000,000 Euro Medium Term Note Programme Due from one month from the date of original issue

This supplement dated 03 July 2012 (the “First Supplement”) is supplemental to, and must be read in conjunction with the Base Prospectus dated 14 December 2011 prepared in relation to the EUR 4,000,000,000 Euro Medium Term Note programme of Rallye (the “Issuer” or “Rallye”). On 14 December 2011, the Commission de Surveillance du Secteur Financier (the “CSSF”) approved the Base Prospectus as a base prospectus for the purposes of article 13 of Directive 2003/71/EC (the « Prospectus Directive ») and article 7 of the Luxembourg Law on prospectuses for securities dated 10 July 2005 (the “Luxembourg Law”).

This First Supplement constitutes a supplement to the Base Prospectus for the purpose of article 16 of the Prospectus Directive and article 13 of the Luxembourg Law in order to update the section «Documents Incorporated by Reference» pages 3 to 6 and the section « Recent Developments » pages 63 and seq. of the Base Prospectus.

The Issuer accepts responsibility for the information contained in this First Supplement. The CSSF assumes no responsibility as to the economic and financial soundness of any transaction and the quality and solvency of the Issuer in line with the provisions of article 7(7) of the Luxembourg Law on prospectuses for securities. The Issuer declares that, having taken all reasonable care to ensure that such is the case, the information contained in this First Supplement is, to the best of its knowledge, in accordance with the facts and does not omit anything likely to affect the import of such information.

Save as disclosed in this First Supplement, there has been no other significant new factor, material mistake or inaccuracy relating to information included in the Base Prospectus since the publication of the Base Prospectus. To the extent that there is any inconsistency between (a) any statements in this First Supplement and (b) any other statement in, or incorporated by reference into, the Base Prospectus, the statements in (a) above will prevail.

Unless the context otherwise requires, terms defined in the Base Prospectus shall have the same meaning when used in this First Supplement. The First Supplement is available on (i) the website of the Issuer (www.rallye.fr) and (ii) the website of the Luxemburg stock exchange (www.bourse.lu).

In accordance with Article 13 paragraph 2 of the Luxembourg Law, investors who have already agreed to purchase or subscribe for the securities before this First Supplement is published have the right, exercisable within a time limit of minimum two working days after the publication of this First Supplement, thus until July 5 2012, to withdraw their acceptances.

This First Supplement should be read and construed in conjunction with the following document which is incorporated by reference in this supplement and which the Issuer has filed with the Commission de Surveillance du Secteur Financier :

- the annual report of the Issuer for the year ended 31 December 2011 in English language (the “2011 AR”), except for the declaration included on page 216, entitled “Declaration by the person responsible for the reference document”.

This document is a free translation from French into English. The Issuer accepts responsibility for the free translations.

For the purposes of the Prospectus Directive, information can be found in such document incorporated by reference of this Base Prospectus in accordance with the following cross- reference table: 2011 Annual Report

Share Capital and Share Ownership Pages 26 to 28, and pages 175, 203, 205 and 208 of the 2011 Annual report

Risk Factors Pages 211 to 215 of the 2011 Annual Report

Subsequent Events - Recent Events Pages 6 to 13 and pages 24 and 25 of the 2011 Annual Report

Statutory Auditors’ report on the consolidated financial statements Pages 160 and 161 of the 2011 Annual Report

Consolidated Statement of Income Pages 62 and 63 of the 2011 Annual Report

Consolidated Balance Sheet - Assets Page 64 of the 2011 Annual Report

Consolidated Balance Sheet – Stockholders’ Equity and Liabilities Page 65 of the 2011 Annual Report

Consolidated Statement of Cash Flows Pages 66 and 67 of the 2011 Annual Report

Consolidated Statement of changes in Pages 68 and 69 of the 2011 Annual consolidated Stockholders’ Equity Report

Notes to the Consolidated Financial Statements Pages 70 to 159 of the 2011 Annual Report

Business Address and Functions of Board of Directors’ Members Pages 33 to 44 of the 2011 Annual Report

Corporate Governance Pages 33 to 59 of the 2011 Annual Report

Conflict of Interest Page 49 of the 2011 Annual Report

The information incorporated by reference in this Base Prospectus but not listed into the cross-reference table above is given for information purposes only.

The section “Recent Developments" pages 63 and seq. of the Base Prospectus is completed by the insertion of the following press releases :

For Casino:

27 February 2012

Monoprix: Casino’s Board of Directors confirms the company’s refusal of Galeries Lafayette’s offer

Casino Guichard-Perrachon’s (« Casino ») Board of Directors met today under Mr. Jean-Charles Naouri’s chairmanship in order to prepare statements for the year ending December 31, 2011. In the context of the analysis of the Monoprix situation and the possible changes to its shareholding structure, the Board of Directors restated that Monoprix is a strategic asset for Casino and that Casino has no intention of ceding it.

The Board of Directors emphasized in particular that: - The agreement perfectly establishes Casino’s rights. The agreement doesn’t contemplate a purchase by Galeries Lafayette since it provides only for a call option in Casino’s favor and a put option by Galeries Lafayette. Furthermore, Casino has the right, beginning March 31, 2012, to appoint the chairman of Monoprix’s Board of Directors for a three-year term. The Board of Directors noted with disappointment Mr. Philippe Houzé’s breach of the agreement by his imposition of a renewal of his term for an additional year.

- Casino is a long-standing partner of Monoprix that it substantially helped to develop. In particular, beginning in 1997, Monoprix has benefitted from capital contributions from Casino permitting it to acquire Prisunic, and through Casino’s central purchasing body, Monoprix has been able to considerably improve its purchase terms. Today, it is estimated that the purchasing synergies represent nearly €40mn yearly, or 13% of Monoprix’s current operating income.

- Monoprix is an asset that lies at the heart of Casino’s strategy in France. Casino knew how to adapt to the structural changes to the French marketplace by constructing a multi- format and multi-channel portfolio, emphasizing convenient and discount formats, representing over 60% of the Group’s turnover in France. Among the Group’s four local marketplaces, Monoprix enjoys a distinct positioning focused on the citycenter supermarket.

- The price proposed by Galeries Lafayette for their stake in Monoprix is too high and is out of sync with the valuation of European retail food companies in the current environment. In particular, the Board of Directors noted that the price of €1.35bn offered by Galeries Lafayette represents a multiple of 9.1x of 2011 EBITDA, whereas (i) the main peer listed European companies1,

1 Retained peer group composed of Casino, Carrefour, Tesco, Ahold, Delhaize, Marks & Spencer and Sainsbury

3 including those who have strong exposure to high-growth markets, trade at 5.7x1 (ii) Casino and Marks & Spencer trade at 6.4x and 5.3x2 respectively.

Under these circumstances, the Board of Directors brought its full support to Mr. Jean-Charles Naouri by the unanimous approval of the directors attending or represented (except for Mr. Philippe Houzé who did not partake in the vote due to his conflict of interest) of the opinion expressed that a sale by Casino of its stake in Monoprix would be contrary to Casino’s interests. Accordingly, the Board of Directors confirmed the company’s refusal of Galeries Lafayette’s offer regarding Monoprix

Should Galeries Lafayette confirm its intention to sell its stake in Monoprix, Casino will act as a buyer in accordance with its obligations under the agreement, at the fair value of the asset.

In conclusion, the Board of Directors finally reiterated Casino’s commitment to Monoprix, its management, and its employees, in whom it has full confidence in pursuing the company’s development.

1 March 2012

Successful bond issue of €600 million

Casino successfully issued today a new 8-year bond of €600 million.

This operation, which strengthens the Group’s liquidity, is intended to refinance the next debt repayments of the Group. It extends the average maturity of Casino’s bond debt to 4.6 years (vs. 4.2 years previously).

This new bond, which will pay a coupon of 3.99%, has been significantly oversubscribed by a diversified investor base.

Casino is rated BBB- stable by Standard & Poor’s and Fitch Ratings.

Bank of America Merill Lynch, Barclays, BNP Paribas, Crédit Mutuel-CIC RBS and UBS acted as joint bookrunners.

21 March 2012

Casino initiates the process of becoming sole controlling shareholder of GPA in Brazil

In preparation for the rearrangement of the corporate control of Companhia Brasileira de Distribuição (“GPA”) on June 22, as provided in the shareholders’ agreement of Wilkes Participações S.A. (“Wilkes”, which directly controls GPA), Casino Guichard-Perrachon ("Casino") has today sent notice to Mr. Abilio Diniz informing him of its decision to exercise the right to appoint the chairman of Wilkes’ Board of Directors.

Casino’s decision to exercise this contractual right will result in Casino becoming GPA’s sole controlling shareholder, as provided in the Wilkes’ shareholders’ agreement.

With this step Casino demonstrates once again its long term commitment to Brazil and its full confidence in GPA’s bright future and in GPA’s outstanding management team.

1 Multiple calculated on the basis of the average monthly share price as of 01/11/2012 (reference retained for the valuation) 2 ibid

29 March 2012

Board of Directors Meeting Held on March 29, 2012

The Board of Directors of Casino Group met on March 29 under the chairmanship of Mr. Jean- Charles Naouri, Chief Executive Officer. The Board notably examined the resolutions for the agenda of the Annual General Meeting, to be held on May 11, 2012.

Pursuant to the recommendation of the Appointments and Compensation Committee, which carried out its annual examination of the composition of the Board of Directors, and in particular the circumstances of each member in connection with his or her relationship with the Group’s companies, the Board of Directors decided to propose to the General Assembly the renewal of the mandates of all current members of the Board, with the exception, due to ongoing conflicts, of those of Mr. Philippe Houzé and Mr. Albilio Diniz.

Pursuant to the recommendation of the Committee, the Board, in its efforts to be more international and to increase its female representation also decided to submit to the General Assembly the nomination as Director of Mrs. Sylvia Jay, Chairman of L’Oreal UK and director of Lazard Ltd and the companies Alcatel and Saint-Gobain.

All the resolutions in the agenda for the Group’s General Assembly to be held on May 11, 2012 will be published in the BALO* on April 4, 2012.

*BALO (Bulletin des annonces légales obligatoires) is the French official bulletin of legal notices

29 March 2012

Capital raising of Big C Thailand via private placement

Big C Thailand, a Casino Group affiliate, announced today that its Board of Directors unanimously approved an equity offering through a private placement of up to 23.6 million shares representing approximately 2.9% of Big C’s share capital.

This capital raising is part of the strategic plan announced by the company in October 2011 which aims at further strengthening its co-leadership in the retail sector in Thailand and becoming a major player in the region.

Big C will use the proceeds from the capital raising to fund its 2012 expansion plan and to reduce leverage. The funds raised will in particular allow the Company to support the roll-out of its proximity format stores. In this regard, Big C has recently announced a partnership with Bangchak Petroleum which provides the potential for 300 mini Big C openings at Bangchak filling stations over the next 5 years.

Taking into account this private placement, the Board of Directors of Big C does not envisage implementing in the short term the rights offering announced in October 2011and intends to reconsider it at an appropriate time.

5 The private placement is subject to the approval of Big C’s shareholders at the annual general meeting scheduled for 30 April. These shares will be placed to institutional investors by the end of the second quarter of 2012.

This announcement does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of, any securities. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States unless they are registered with the U.S. Securities and Exchange Commission or an exemption from the registration requirements of the Securities Act is available.

3 May 2012

Success of Big C Thailand THB 4.2 Bn (€103 m) private placement more than four times oversubscribed

Big C Supercenter, a Casino Group affiliate, announced today the success of its private placement of 23.6 million shares (2.9% of its enlarged share capital), representing an amount of THB 4.2 Bn (€103 m).

The transaction was more than four times oversubscribed reflecting investors’ robust confidence in Big C and its attractive growth prospects.

This capital raising will allow Big C to implement its expansion plan and reduce its leverage as part of Big C’s strategic plan announced at the end of 2011, aiming at strengthening its co-leadership position in the Thai retail sector and becoming a major player in the region.

4 May 2012

Casino sells a 9.8% stake in Mercialys

Casino is announcing that it has sold 9.8% of its stake in Mercialys through the implementation of an equity swap with Crédit Agricole Corporate and Investment Bank. This transaction, which follows the disposal to bring Casino’s stake in Mercialys down to below 50% on April 25, enables an optimal reclassification of these stocks. Overall and as of today, this sale has generated cash of €138 million for Casino Group.

As part of the implementation of its new retail real estate strategy of “Foncière commerçante” announced on February 9, Mercialys proceeded to a first exceptional distribution, of which €532 million was received by Casino on April 20.

In total, Casino has therefore already received €670 million of its announced gross cash inflow target of €800 to €900 million and is continuing to strengthen its financial flexibility.

The Group is reaffirming its dual value-creative business model and will remain a key partner of Mercialys, in which it now holds a 40.2% stake.

14 May 2012

Casino continues the process of becoming sole controlling shareholder of GPA in Brazil Mr. Jean Charles Naouri will be Wilkes Chairman of the Board of Directors

Continuing the previously-agreed process for the rearrangement of the corporate control of Companhia Brasileira de Distribuição (“GPA”)*, Casino Guichard-Perrachon ("Casino") sent today a notice to Mr. Abilio Diniz informing him of its decision to appoint Mr. Jean Charles Naouri, Chairman and CEO of Casino, as chairman of the Wilkes Board of Directors. Upon the election of Mr. Naouri as Chairman of Wilkes, which should occur at a Wilkes Shareholders’ Meeting expected to be held on June 22, 2012, there will be a change in GPA’s corporate governance structure, resulting in Casino becoming the sole controlling shareholder of GPA. Casino also gave notice today to Mr. Diniz that it will exercise its right to appoint a majority of the board of directors of GPA1. GPA’s board of directors should start functioning under such new composition as of June 22, 2012 following an Extraordinary Shareholders’ Meeting of GPA expected to occur on that date. Finally, today, Casino exercised its call option1 which allows the company to buy 1 Wilkes share and thereby own the majority of the voting shares of Wilkes. The final acquisition of this share is conditioned upon Mr. Diniz not exercising his first put option, which permits Mr. Diniz until 22 August 2012 to require Casino to purchase one million voting shares of Wilkes (which would also result in Casino owning the majority of the voting shares of Wilkes). As per applicable requirement, Casino informed the Brazilian antitrust authority (CADE) of the acquisition of shares that will result from the foregoing procedure. Casino reaffirms its full support and confidence in GPA’s outstanding management and its long term commitment to Brazil.

*As provided in the shareholders’ agreement of Wilkes Participações S.A. (“Wilkes”, which directly controls GPA).

4 June 2012

Casino continues the process of becoming sole controlling shareholder of GPA in Brazil - Casino indicates Messrs. Eleazar de Carvalho Filho, Luiz Augusto de Castro Neves and Roberto Oliveira de Lima to GPA’s Board of Directors

Continuing the previously-agreed process for the rearrangement of corporate control of Companhia Brasileira de Distribuição (“GPA”)1, Casino, Guichard-Perrachon ("Casino") sent a notice today to Mr. Abilio Diniz informing him of the name of the three (3) individuals that shall be elected to the Board of directors of GPA at GPA’s Shareholders Meeting, expected to occur on June 22, 2012.

Mr. Eleazar de Carvalho Filho is a highly skilled executive and is the founding partner of Virtus BR Partners. In the past, he held CEO positions at Unibanco Investment Bank, at the Brazilian National Economic and Social Development Bank – BNDES and at UBS Bank – Brazil. He was a non- executive Chairman of BHP Billiton in Brazil. Mr. Carvalho Filho is currently a Board member of FMC Technologies Inc. and Brookfield Renewable Energy Partners.

Mr. Luiz Augusto de Castro Neves is a highly skilled diplomat with a long standing career in the

7 Brazilian Foreign Relations Ministry. Mr. Castro Neves served as the Brazilian Ambassador to China from 2004 to 2008, a strategic position for the Brazilian government. He later became the Brazilian Ambassador to Japan from 2008 to 2010. He also served as Chairman of the Board of Itaipu Binacional. He is currently the Chairman of CEBRI – Brazilian Center for International Relations.

Mr. Roberto Oliveira de Lima is a highly skilled executive and has held key positions at important companies in Brazil. He previously held the CEO positions at Vivo, the Brazilian leader in mobile communication, and Chairman and CEO of Credicard. He also held executive positions at the Accor Group among others. Mr. Lima is currently a Board member of Natura, Telefonica Brasil, Rodobens and Edenred.

Upon the election of Messrs. Eleazar de Carvalho Filho, Luiz Augusto de Castro Neves and Roberto Oliveira de Lima, the majority of the members of the Board of Directors of GPA will have been appointed by Casino.

Casino’s decision to appoint highly respected and experienced Brazilian individuals to the Board of Directors of GPA is in line with its vision that Brazilian people must continue to play a key role regarding the management and the governance of GPA. In appointing these members, Casino brings new and complementary profiles to GPA’s Board, which will be of great importance in the way the Board will support GPA’s management going forward.

Casino reaffirms its full support and confidence in GPA’s outstanding management and its long term commitment to Brazil.

12 June 2012

Casino: success of the payment of 2011 dividend in shares The Annual General Meeting of Shareholders held on 11 May 2012 decided to pay a dividend, for financial year 2011, of €3 per share. Shareholders had the option of receiving half of this dividend (€1.50) in shares and, consequently, to receive new Company shares. The unit issue price of the new shares was set at €62.82, i.e. 90% of the average opening share price from the twenty trading days leading up to 11 May 2012, less the amount of the dividend.

76.41% of the rights were exercised in favour of the scrip dividend, showing the strong interest from shareholders.

The success of this operation enabled the Company to reinforce its shareholders’ equity by €126.84 million, by creating 2,019,110 new shares, which will be delivered and admitted for trading on Euronext Paris on 15 June 2012.

These new shares will be immediately assimilated with existing shares.

The cash dividend payment totals €205.09 million. It will be paid on 15 June 2012.

22 June 2012

Casino group becomes the sole controlling shareholder of GPA

The extraordinary shareholders’ meeting of Wilkes, which directly controls GPA, held today in Sao Paulo (Brazil), appointed Jean-Charles Naouri, Casino’s Chairman & CEO as Chairman of the Wilkes’ Board of Directors. Through this appointment, the Casino group becomes the sole controlling shareholder of GPA in accordance with the agreements signed in 2005 with the Diniz family.

Furthermore, Mrs. Eleazar de Carvalho Filho, Luiz Augusto de Castro Neves and Roberto Oliveira de Lima were appointed to GPA’s Board of Directors during the company’s ESM also held today in Sao Paulo. As a consequence, eight directors have been nominated by Casino, giving the group the majority vote at the GPA’s Board of Directors.

With the active contribution of Casino since its first investment 13 years ago in the company, GPA has become the undisputed leading distribution group in Brazil and the country’s largest private employer.

Jean-Charles Naouri, Casino group’s Chairman & CEO declared: "I am very happy and proud that the Casino Group is taking this new role in a magnificent company such as GPA. Since we became GPA’s partner in 1999, we have strongly believed in Brazil and in the company and contributed to its success alongside the Diniz family. While maintaining GPA’s strong identity and Brazilian culture, I will, together with the entire Casino group, further support GPA’s management team, led by Eneas Pestana, its CEO, in its objective to strengthen GPA’s leadership and make it an even more beloved and admired company. "

29 June 2012

Casino and Groupe Galeries Lafayette announce the signing of a letter of intent in relation to Monoprix

In the context of conciliation talks conducted under the authority of the President of the Commercial Court of Paris, on June 28th, 2012, Casino and Groupe Galeries Lafayette, both equal shareholders of Monoprix since 2000, signed a letter of intent concerning the 50% stake held by Groupe Galeries Lafayette in Monoprix.

The two groups aim to reach a settlement agreement with respect to the sale of Groupe Galeries Lafayette’s interest, by October 30th, 2013, for a consideration of 1,175 million euros, indexed from April 1st, 2013. Casino has already committed itself with respect to the terms of a settlement agreement. The acquisition by Casino would be completed after being approved by the French Competition Authority.

Mr Jean-Charles Naouri, Chairman and CEO of Casino, will be appointed as a board member of Monoprix during the General Assembly being held today. Mr Philippe Houzé will remain Chairman and CEO of Monoprix. After the signing of a definitive settlement agreement, a Chairman and CEO for Monoprix proposed by Casino will be appointed.

Monoprix is implementing the information and consultation procedure regarding the contemplated transaction.

Casino and Groupe Galeries Lafayette will, upon completion of the sale of shares, abandon the pending legal proceedings.

Casino and Groupe Galeries Lafayette welcome the signing of this letter of intent which should allow them to put an end to their disagreements. Casino and Groupe Galeries Lafayette congratulate the management and the entire team of Monoprix for the excellent work performed by them, under the chairmanship of Mr Philippe Houzé. The settlement should allow the company to pursue its development under optimal conditions with Groupe Casino.

For Groupe GO Sport:

25 April 2012 Groupe GO Sport launches a share capital increase of €30 million, with upholding of the shareholders’ preferential subscription right, underwritten by its main shareholder Rallye

Groupe GO Sport (“the Company”) launches today a share capital increase with upholding of the shareholders’ preferential subscription right (“PSR”) for a gross amount of €30.2 million and underwritten by its main shareholder, Rallye (as defined hereafter). This share capital increase aims at (i) financing the investment plan of about €15M, the main purpose of which is to pursue the commercial revitalisation strategy of the two banners GO Sport and Courir and (ii), strengthening the financial structure of the Company and thus ensuring the

9 compliance with bank covenants as at December 31st, 2012. Therefore, the proceeds of the issue allocated to the investments plan will go primarily to the remodelling of stores and the opening of stores fitted to the new concept for a total amount of about €10M (€650K on average for each GO Sport store and €250K for each Courir store), the balance of the investments being allocated to other initiatives such as the deployment of a dozen of GO Shoes corners and the launch of a merchant website scheduled for the end of 2012.

Main terms of the share capital increase

The share capital increase will be made with upholding of the PSR and will lead to the issuance of 7,555,046 new shares at a price of €4 per share (without any issue premium), for a gross amount of €30,220,184. The subscription of the new shares will be carried out on the basis of 2 new shares for 1 existing share. Each Company’s shareholder will receive one PSR for each share recorded in account as of the close of trading on April 25th 2012. On the basis of the closing price of the Company’s share on April 23rd 2012, i.e. €6.21, the theoretical value of a PSR is €1.47. The subscription price for the new shares represents a 35.59% discount to the closing price of the Company’s share on April 23rd 2012 and a 15.55% discount to the theoretical ex-right price. Subscriptions by entitlement subject to reduction (à titre réductible) are allowed. The offer will be open to the public in France only.

Subscription undertakings of the main shareholder and underwriting of the issue

Rallye and its subsidiaries held at 100%, Miramont Finance et Distribution, Matignon Sablons and Alpétrol (“Rallye”), who hold, as at February 29th, 2012, 2,752,336 shares, i.e. 72.86% of the share capital and 78.80% of the voting rights of the Company, have irrevocably undertaken to subscribe: (i) by irrevocable entitlement (à titre irréductible) for the totality of their PSR, i.e. 5,504,672 new shares for a total amount of €22,018,688 and (ii) by entitlement subject to reduction (à titre réductible), 2,050,374 new shares, representing the remaining new shares to be issued, thus guaranteeing the completion of the issue. Rallye reserves the right to purchase additional PSR on the market during the subscription period.

Indicative timetable

The subscription period of the new shares will begin on April 26th, 2012, and will end on May 9th, 2012 inclusive. During this period, the PSR will be listed and traded on the regulated market of NYSE Euronext in Paris under ISIN code FR0011236942. The settlement and delivery and the listing of the new shares are expected to occur on May 21st, 2012. The new shares will carry full dividend rights and will therefore entitle the holder, as from their issue, to receive all distributions decided by the Company as from this date. They will be immediately fully fungible with the Company’s existing shares and will be traded, as from this date, on the same listing line and under the same ISIN code FR0000072456. Natixis and Rothschild & Cie Banque are acting as Joint Lead Managers of this share capital increase (the "Joint Lead Managers").

Update on information regarding the Company

In 2012, the Company expects nearly €15M1 of investments, the main purpose of which is to maintain the commercial dynamics of its two banners. Pursuing the deployment of the new concepts GO Sport and Courir in France will be set as a priority, insofar as stores remodelled in 2011 outperformed by more than 10 basis points of growth in revenues since their reopening, compared to non-remodelled stores. New remodellings and openings are scheduled in 2012 as well as the deployment of a dozen of GO Shoes corners and the launch of a merchant website by the end of the year. The remodelling of a GO Sport store represents an investment of about €650K and aims at deploying an airier and more theatrical merchandising, breaking with the codes of hypermarkets, which specifically involves redesigning spaces to create event and seasonal zones, changing furniture and

1 The average amount of tangible and intangible investments over the past three fiscal years amounted to approximately €19M.

10 settling 6 dedicated spaces (Miss GO, GO Foot, GO Swim, GO Run, GO Man and GO Shoes). The remodelling of a Courir store, amounting to an average investment of about €250K, consists essentially in making shelf spaces denser, reorganising the space in order to emphasise the brands and redefining the graphic and visual identity of the store. This merchandising is intended to promote a younger and more dynamic image of the banner.

- After a total of 42 remodellings carried out during the years 2010 and 2011, GO Sport is planning 8 remodellings* and one opening fitted to the new concept (Lyon Confluence) in France in 2012; at the end of 2012, 50 stores (of which 42% are located in Paris or its region) out of 120 will thus be remodelled, representing more than half of the banner’s revenues** in France. A Go Sport store fitted to the new concept should also be opened in Lodz, Poland; - After the remodelling of a total of 21 stores over the last two years, Courir is planning 9 additional remodellings and 2 openings (Levallois and Montreuil Grand Angle) in France in 2012; at the end of 2012, 32 stores (of which two thirds are located in Paris or its region) out of 161 will thus be remodelled, representing one third of the banner’s revenues** in France.

* Including the flagship store at La Défense, partially renewed in 2010; the timetable of these remodellings is subject to the granting of certain administrative authorisations. **On the basis of 2011 revenues.

Information available to the public

The prospectus, filed with the French Autorité des marchés financiers (“AMF”) under visa number 12- 181 dated April 24th, 2012, consists of the document de référence of Groupe GO Sport, filed with the AMF on March 30th, 2012 under number D.12-0255, a securities note and a summary of the prospectus (included in the securities note).

Copies of the prospectus may be obtained, free of charge, at Groupe GO Sport’s head office, 17 avenue de la Falaise, 38360 Sassenage, on the Company’s website (www.groupegosport.com), as well as on the AMF’s website (www.amf-france.org), and from the Joint Lead Managers.

Groupe GO Sport draws the public’s attention to the risk factors described on pages 53 to 55 of the document de référence as well as in Chapter 2 of the securities note.

30 April 2012 Groupe GO Sport announces the signing of a joint venture purchasing agreement with the Austrian group Hervis Sports

Groupe GO Sport and Sport 2000 France decided to put an end, as from spring/summer 2013 negotiations, to their purchasing cooperation, under the shared entity « International Sports Retail Development » (ISRD) they created in October 2009. The application and follow-up of 2012 contracts signed by ISRD, in the name and on behalf of Groupe GO Sport and Sport 2000 France, will be carried out until their full completion.

Groupe GO Sport simultaneously announces the signing of a purchasing cooperation agreement with the Austrian group Hervis Sports, one of the leading sporting goods retailers in Eastern and Central Europe. The newly founded company through this agreement will be subject to Swiss law. This partnership, with increased international scale, will cover 8 countries across Europe, in which both groups are not direct competitors, through an integrated network of almost 500 stores.

This new entity will be the single point of contact of suppliers and will conduct, in the name and on behalf of both partners, commercial negotiations with suppliers of international brands, starting with the 2013 spring/summer collection. Furthermore, it will provide international, high-value services for suppliers. Groupe GO Sport and Hervis Sports will maintain fully independent commercial strategies.

This international partnership will allow both partners to improve their supply conditions, thus reinforcing their price competitiveness in relation to sector competitors, and to develop their market shares in France and internationally.

Groupe GO Sport and Hervis Sports, as international brands partners, will increase their visibility in 8 countries and will offer them new market shares. Both partners complement each other strategically and geographically, enabling suppliers to target all types of clients through a modern and sports- centered offering, ranging from entry-level to higher-end products and showcased in high-quality locations, both in city centres and shopping malls. The partnership will also help to offer international suppliers new and high-value services (such as extensive market studies, product tests, multi- country/banner communication campaigns or brand displays in market segments in which they are little-known).

Industrial partnerships will also be developed with suppliers, in order to provide customers with innovative and exclusive products. Groupe GO Sport’s and Hervis Sports’ clients will thus benefit from a wider choice of international brands products, at more competitive prices.

Based in Geneva, the shared entity will be led by a General Manager, Max Ackerer, and two Deputy General Managers, Benoît Verdier, representing Groupe GO Sport, and Siegwald Haas, representing Hervis Sports, under the supervision of Valérie Delpech and Gerhard Bradler, respectively purchasing executive director at Groupe GO Sport and executive director of marketing and purchase at Hervis Sports.

François Neukirch, General Manager of Groupe GO Sport, declared: « We are very satisfied with the signing of this agreement with a partner as complementary to us as Hervis Sports. It will not only allow us to offer our clients more products at more competitive prices, but will also increase our suppliers’ international visibility. This new structure will act as a cross-country launch pad to new products or new brands, which will be developed in partnership with our suppliers. »

Alfred Eichblatt, General Manager of Hervis Sports, declared: « We are very happy to have such a strong partner as Groupe GO Sport. Together we will strengthen our performance in Europe and increase our attractiveness for the customers as well as our international standing.

12 market, the group is also present internationally (in Poland, Belgium, Saudi Arabia, Dubai, Guadeloupe, Martinique, Jordan, Luxembourg, Romania, Qatar, Kuwait, Mauritius and Syria), totaling 347 stores, including 175 GO Sport stores (of which 32 franchisees) and 172 Courir stores (of which 13 franchisees) at the end of March 2012. Groupe GO Sport shares are listed on the NYSE Euronext market in Paris, compartment C (ISIN code: FR0000072456).

Hervis Sport und Modegesellschaft is a 100% owned Austrian-based subsidiary of SPAR Oesterreichische Warenhandels-AG, one the biggest food and non-food retailers in Austria. Hervis Sports is one of the leading sporting goods retailers in Eastern and Central Europe, with total sales of €447m (incl. VAT) in 2011. At year end 2011, Hervis Sports totaled 173 integrated stores over 6 countries (Austria, Hungary, Slovenia, Czech Republic, Croatia and Romania).

18 May 2012 Groupe GO Sport announces the successful completion of its share capital increase of €30 million, with upholding of the shareholders’ preferential subscription rights

The share capital increase of Groupe GO Sport (“the Company”) with upholding of the shareholders’ preferential subscription rights, supported by its main shareholder, Rallye (as defined below) and launched on April 25th, 2012, has been entirely subscribed. Accordingly, the gross proceeds of the transaction amount to €30,220,184, corresponding to the issue of 7,555,046 new shares at a price of €4 per share.

Subscriptions by irrevocable entitlement (“à titre irréductible”) represent €27,721,824, i.e. 6,930,456 new shares. Subscriptions by entitlement subject to reduction (“à titre réductible”) represent €2,498,360, i.e. 624,590 new shares.

In accordance with their respective commitments, Rallye and its wholly-owned subsidiaries, Miramont Finance et Distribution, Matignon Sablons and Alpétrol (“Rallye”) have largely participated to the operation by subscribing: (i), 6,784,228 new shares by irrevocable entitlement (à titre irréductible) for a total amount of €27,136,912 (Rallye having purchased 639,778 preferential subscription rights on the market) and (ii) by entitlement subject to reduction (à titre réductible), 623,849 new shares not subscribed by other shareholders, representing the balance of new shares to be issued.

Upon completion of the share capital increase, Rallye will hold 89.66% of the share capital and 88.85% of the voting rights of Groupe GO Sport.

The settlement and delivery and the listing of the new shares are expected to occur on May 21st, 2012. The new shares will carry full dividend rights and will therefore entitle the holder, as from their issue, to receive all distributions decided by the Company as from this date. They will be immediately fully fungible with the Company’s existing shares and will be traded, on the same listing line and under the same ISIN code FR0000072456.

Natixis and Rothschild & Cie Banque act as Joint Lead Managers of this share capital increase (the "Joint Lead Managers").

Information available to the public

The prospectus, filed with the French Autorité des marchés financiers (“AMF”) under visa number 12- 181, dated April 24th, 2012, consists of the document de référence of Groupe GO Sport, filed with the AMF on March 30th, 2012 under number D.12-0255, a securities note and a summary of the prospectus (included in the securities note).

13 Groupe GO Sport draws the public’s attention to the risk factors described on pages 53 to 55 of the document de référence as well as in Chapter 2 of the securities note.

25 June 2012 Groupe GO Sport and Hervis Sports welcome Twinner as a new member in their joint international purchasing partnership STMI

Groupe GO Sport and Hervis Sports expand the joint international purchasing cooperation announced on April 30 2012 by integrating a new member, Twinner, to their common Swiss subsidiary, “Sports Trade Marketing International” (STMI), whose main mission is to conduct, in the name and on behalf of all parties, commercial negotiations with international brands.

Twinner will thus now benefit from STMI’s services, and all three parties will maintain totally independent commercial and expansion policies in their respective markets.

The arrival of Twinner, sporting goods retailer mainly located in France and Spain, increases STMI’s international standing by adding Spain to the 8 European countries already included in STMI’s scope, allowing the latter to encompass a total of approximately 1270 stores in Europe.

Twinner’s activity, particularly in winter sports equipment rental will complement the parties’ strategic positioning and allow international brands to target wider customer profiles through an increased range of sports, fashion and technical products.

The partnership’s expansion will reinforce STMI’s attractiveness to international suppliers and its capacity to meet their needs in a tight economic context and an ever more globalized market. All three groups should thus be able to offer more attractive prices to their customers on a wider range of international brands’ products.

Max Ackerer, STMI General Manager, declared: “We are both happy and proud to welcome Twinner into STMI. Our new partner complements us both geographically and strategically and will allow for a reinforcement of STMI’s attractiveness in Europe and highlight the visibility of international brands’ products.”

Marc Mésière, President of Twinner, declared on behalf of Twinner’s members: “We are delighted to join STMI. Our customers will benefit from a more competitive offering and our members will thus be able to further develop their activities in our segments.”

Groupe GO Sport achieved total net sales of €680m (excl. VAT) in 2011 with its banners GO Sport and Courir, in the sporting goods and textile retailing segments. Although based in France, its original market, the group is also present internationally (in Poland, Belgium, Saudi Arabia, Dubai, Guadeloupe, Martinique, Jordan, Luxembourg, Romania, Qatar, Kuwait, Mauritius and Syria), totaling 347 stores, including 175 GO Sport stores (of which 32 franchisees) and 172 Courir stores (of which 13 franchisees) at the end of March 2012. Groupe GO Sport shares are listed on the NYSE Euronext market in Paris, compartment C (ISIN code: FR0000072456).

14 Twinner International operates 750 stores in the sporting goods retail segment in Europe (France, Spain and Belgium). The company acts mainly through both its networks: Twinner (180 stores in France and 250 in Spain) and Pros du Sport (320 specialized stores). The French network (Pros du Sport excluded) can be split between 70 plain stores (of which 30 with the “Technicien du Sport”1 label) and 110 mountain stores (of which 50 bearing the “Montagne Authentique”2 label). Twinner France’s sales reached €200m in 2011 (€100m of which outside the Twinner banner).

For Rallye:

25 June 2012 Dividend reinvestment option in shares results

A dividend of €1.83 per share was decided at the Annual Shareholders' Meeting of May 23, 2012, stable compared with 2010. An interim dividend of €0.80 per share having been paid on October 6, 2011, the balance thus amounts to €1.03 per share. Shareholders were given the option for the total of the interim dividend to be paid in shares. Subscription price was €21.47, thus 90% of the average opening share price during the twenty trading days preceding the 23 of May less the balance dividend. 35.3% of the rights have been exercised in favour of the payment in shares.

The result of the dividend reinvestment option allows Rallye to increase its shareholders’ equity by €16.7 million with the issuance of 774.497 new shares (1.64% of its share capital), which will be delivered and admitted for trading on Euronext Paris on June 28, 2012.

These new shares will be immediately assimilated with existing shares.

The cash dividend, which amounts to a total of €30.6 million, will be paid on June 28, 2012.

1 “Sports Technician” 2 “Authentic Mountain”