| 1 | Approve the parent company's financial statements | Abstain |
| 2 | Approve consolidated Financial Statements | Abstain |
| 3 | Transfer € 100.331M from one shareholders equity account to another | For |
| 4 | Approval of the appropriation of income and of the dividend | For |
| 5 | Approval of regulated related-party agreements | Oppose |
| 6 | Approval of regulated related-party agreement concerning an advance fee made to the company Bami Newco | Oppose |
| 7 | Ratify the cooptation of Mr. Antonio Truan as Director until the current general meeting | Oppose |
| 8 | Reappointment of Mr. Joaquin Rivero Valcarce as Director for a period of 3 years | Oppose |
| 9 | Reappointment of Mr. Antonio Truan as Director for a period of 3 years | Oppose |
| 10 | Reappointment of Mr. Patrick Arrosteguy as Director for a period of 3 years | Oppose |
| 11 | Reappointment of Mr. Santiago Fernandez Valbuena as Director for a period of 3 years | Oppose |
| 12 | Reappointment of Mr. José Gracia Barba as Director for a period of 3 years | Oppose |
| 13 | Reappointment of Mr. Philippe Geslin as Director for a period of 3 years | Oppose |
| 14 | Reappointment of Mr. Serafin Gonzalez Morcillo as Director for a period of 3 years | For |
| 15 | Reappointment of the company Predica as Director for a period of 3 years | Oppose |
| 16 | Non-renewal of members of the Board : Mr. Bertrand de Feydeau, Mrs. Françoise Monod, Mr. Michel Villate and Mr. Joaquin Mesequer Torres | For |
| 17 | Election of Mr. Jose Luis Alonso Iglesias as Director for a period of 3 years. | Oppose |
| 18 | Election of Mr. Aldo Cardoso as Director for a period of 3 years | Oppose |
| 19 | Election of Mr. Jean-Jacques Duchamp as Director for a period of 3 years | Oppose |
| 20 | Election of Mr. Vicente Fons Carrion as Director for a period of 3 years of M. Vicente Fons Carrion as Director | Oppose |
| 21 | Election of Mr. Pierre-Marie Meynadier as Director for a period of 3 years | Oppose |
| 22 | Election of Mr. Emilio Zurutuza Reigosa as Director for a period of 3 years | Oppose |
| 23 | Approve Directors' fees for the 2007 fiscal year | Oppose |
| 24 | Approve Directors' fees from the 2008 fiscal year | Oppose |
| 25 | Shareholders are informed of the end of mandate in 2003 of the Statutory External Auditor Mazars & Guérard Turquin and Substitute External Auditor PCA Pierre Caney et Associés | For |
| 26 | Approve buy-back of the company shares | Oppose |
| 27 | Delegation of powers for the completion of formalities | For |
