Shareholder's Club Membership

Membership in the Shareholders' Club is open to all shareholders of Euro Disney SCA with a minimum number of shares...

The Euro Disney SCA Shareholders' Club is open to all individual shareholders of Euro Disney SCA holding at least 500 shares. Membership not only assures regular updates about the Resort and the business developments as well as invitations to the AGM and prompt mailing of the annual report. It also grants numerous privilegs and discounts including discounts on passports, at the Disney Hotels, in the restaurants and the shops. Keeping in mind the low price of the shares this makes membership worthwhile considering even for a one-time visit, especially since online-broker offer cheap accounts to hold the shares in.

The shares can be bought at all important European stock exchanges (ticker symbol: EDL). While institutional shareholders are not allowed to join the club, individual persons who have a joint ownership of shares might join the club, even so they are issued only one membership card, which all shareholders may use.

Holders of 199 or fewer shares have to pay an administration fee of €30,- for a two year-membership. The fee is easily "earned" with a single visit to the Disneyland Resort Paris factoring in the numerous discounts the club grants members. Shareholders holding 200 or more shares as well as members who have been members since 1995 without interruption are exempted from the administration fee. Membership are valid for two years and are renewable upon request.

To become a member shareholders have to sent a completed membership form (available from the official club website) and proof of ownership of the appropriate number of shares (e.g. in form of a depositary receipt certificate or bank statement, which can be provided as a copy) by snail mail to the club's office. In addition, if applicable, the administration fee must be paid either by cheque or with one of the accepted credit cards (Carte Bleue, American Express, Visa, Mastercard Eurocard, Diners Club). Renewal requests require again a completed form, proof of ownership as well as payment of the administration fee, if applicable.

The membership card usually is shipped six weeks after a complete membership request including payment, if applicable, reached the club's office. Upon request the office provides a temporary proof of membership by fax which, if a visit to the resort is scheduled prior to the arrival of the membership card. The temporary proof of membership is accepted at Salon Mickey, the restaurants and shops of the Resort but may not be used to book a Disney Hotel with discounts.

Information regarding the membership and the enrolment form are available from the Shareholders' Club office. The office also is responsible to send out replacement cards.

address
Euro Disney SCA
Shareholders' Club
BP 100
F-77777 Marne-la-Vallée Cedex 4
France

phone
+33/1 64 74 56 30
800 67 74 56 30 (tollfree from Belgium, France, Germany, Italy, Netherlands, Spain and United-Kingdom)

fax
+33/1 64 74 56 36

e-mail
dlp.actionnaires@disney.com