LVMH Shareholders: LVMH Group listed on CAC 40 index.

LVMH Shareholders

LVMH Shareholders: LVMH Group listed on CAC 40 index.

LVMH Shareholders - LVMH group. An international group with over 50 luxury brands : Moet & Chandon, Louis Vuitton, Fendi, Christian Dior Perfumes… champagne, spirits and cognac, haute couture, designer fine jewelry… Discover on lvmh.com, LVMH Shareholders' section: shareholders' guide, Dividend, shareholders' club...

LVMH Shareholders

LVMH Shareholders information

LVMH provides its individual shareholders with regular, clear and transparent reporting, through a number of different channels :

The annual report is available on request.

The abbreviated annual report, published in March, and the half yearly report presenting the June 30th results, are widely distributed.

LVMH also organizes regular meetings for LVMH shareholders, financial planners and money managers. The 2001 annual LVMH shareholders' meeting was broadcast live to Lyons.

Method for holding shares

	Pure registered shares	Administered registered shares
Sell orders	Sell orders are sent to our brokerage firm	Orders are placed with the bank or brokerage firm
Buy orders	Sent by you to your financial intermediary
Capital gains	The LVMH Shareholder computes the capital gains	The banks and brokerage firms handle the capital gains
Custodial fees	No custodial fees	Custodial fees vary among banks
Notice of the Annual Meeting	Sent to all shareholders	Sent by the financial intermediary to shareholders with at least 500 shares
Blocking the shares for the Annual Meeting	Registered shareholders don't have to block their shares	Registered shareholders don't have to block their shares
Voting rights	Double voting right granted to any share held for at least 3 years	Double voting right granted to any share held for at least 3 years

LVMH Shareholders - Dividend

Dividend history

The Board of Directors approved the payment of an interim dividend of 0.22 €, payable on December 3, 2002.

In EUR	1998	1999	2000	2001
Net dividend	0.618	0.68	0.75	0.75
Gross dividend (incl. " avoir fiscal " tax credit)	0.927	1.02	1.125	1.125
Payout ratio as a % of net income before goodwill amortization and unusual items	58%	46%	43%	110%

* Figures have been adjusted to reflect the five for-one-stock split of July 2000 and the bonus share distribution (one new share for ten held on this date) of June 1999.

LVMH Shareholders'Club

Our club was created in September 1994

It offers the following advantages:

Regular reports on the Group's activities and those of its companies through the Apartés magazine sent exclusively to members twice a year.

Special treatment on the Group's sites that organize tours (champagne cellars, circuit and Hennessy museum).

VIP tickets to LVMH-sponsored exhibitions in the context of its corporate sponsorship strategy.

Home deliveries of products in mainland France, some of which are designed exclusively for the LVMH Shareholders'Club.

Discounts on subscriptions to the La Tribune and Investir business magazines and to the Connaissance des Arts magazine.

LVMH Shareholders' club exclusive offers are only available to French residents.

LVMH Shareholders