Stallergenes - 2003 3rd quarter sales up 11%

15.10.03

2003 3rd quarter sales up 11%

€ millions	2003	2002	% growth
3rd quarter sales	17.39	15.70	11
France & Overseas territories	8.42	7.31	15
Subsidiaries (1)	6.63	6.28	6
Distributors	2.34	2.11	11
Cumulative sales at end September	59.94	51.31	17
France & Overseas territories	29.88	24.49	22
Subsidiaries (1)	22.21	20.28	10
Distributors	7.85	6.54	2

(1) Germany, Belgium, Italy, Spain and Portugal.

2003 3rd quarter sales increased by 11%, continuing the performance of the previous quarter.

France up 15%: sales of Staloral 300 drove the growth, despite an unfavourable pollen season.
Subsidiaries up 6%: continued steady growth, substantially offsetting the 6% rebate imposed in Germany.
Distributors up 11%: this further growth is mainly due to the continued growth in sales in Eastern Europe.

For the 9 months, cumulative sales grew by 17% compared to 2002, which substantially confirms the forecast of annual sales growth in excess of 10%.