Action : For the third consecutive year, LVMH has chosen to communicate the most important results and actions about environmental management on its internet website with a pdf document. This document is in the line with the information published in the LVMH annual report. Here is the content :

1. An ambitious policy designed to promote a responsible attitude

•The relationship of LVMH with the environment

•The Group and its stakeholders

•Continued improvement in the environmental management systems

•Environmental risk management : a top priority

•Environmental reporting: change in the scope of coverage and refining the data

2. Combining dreams and environment in product design

•Biodiversity, health and the Group’s products

•Development of environmental awareness in product design

•Extend environmental requirements to suppliers, service providers and subcontractors

3. The sites prepare for environmental conservation

•Energy consumption

•Water consumption

•Air emissions and transport

•Water emissions and pollution prevention

•Waste recovery

•Soil use and integrated vine growing

•Group environmental expenditures

4. Objectives

•Achievements versus 2005 objectives

•Objectives for 2006 and beyond (non exhaustive)

5. Auditor’s report on the review

Results/benefits: This document, free internet access, informs all external shareholders (associations, stakeholder, consumers…) and internal shareholders (employees) about LVMH results and actions concerning environment. It mentions that in case of query, a mail can be sent at : environment@lvmh.fr

The document also includes results from the worldwide LVMH environmental reporting covering the followings :

•The production facilities and warehouse owned and/or operated by companies in which the Group controls more than 50% of the share capital or over which it excercises operational control.

•The French stores of Sephora, Le Bon Marché, Louis Vuitton, and the main stores of DFS and Fendi.

•The main administrative sites located in France.

•The fleet of vehicles owned by the Group in France, used to transport Group personnel.

The objective is to get closer to the financial reporting which includes the totality af the Group activity.

For the fourth year, reporting and consolidation processus have been reviewed by auditors. They reviewed more particularly the Group’s most significant environmental impacts :

•Number of hours of environmental training,

•Number of environmental audits,

•Tons of packaging placed onthe market,

•Water consumption in m3,

•Organic matters emitted in wastewater in Wines & Spirits and Perfumes & Cosmetics sectors (COD emitted after treatment in tons)

•Energy consumption in MWh

•CO2 emissions due to energy consumption in CO2equivalent-tonsDéchets produits en tonnes

•Tons of hazardous waste.

•Waste recovery (in %).