Paris, March 4, 2008

Antalis, a fully-owned subsidiary of Sequana Capital, received the clearance
from the European Commission to divest Premier Paper to the British group Beswick Paper

Sequana Capital (NYSE Euronext Paris: VOR) today announced that its fully-owned subsidiary, Antalis, the leader in paper distribution in Europe, received the approval from the European Commission to divest Premier Paper Group Limited to the independent British group Beswick Paper.

This divestment follows the acquisition of Map Merchant by Antalis on October 31, 2007 whereby Antalis committed to the European Commission to divest one of the two subsidiaries of Map Merchant in the U.K., Premier Paper.

Read the complete press release about approval from the European Commission to divest Premier Paper Group Limited.