Paris, 8 October 2009 - Demos, one of Europe's leading players in continuing education, today announces French GAAP consolidated results for the first half of 2009.

Demos today announced the successful €14.5 million issue of 14,500 bonds with redeemable equity warrants attached ("OBSAAR" bonds) with a face value of €1,000 each.

Demos has announced the issuance without preferential subscription rights of 14,500 OBSAAR bonds representing a total of €14.5 million and the bonus allocation of autonomous BSAAR redeemable equity warrants to all of the company's shareholders.

Paris, June 16th, 2009 – At 5:30 pm today, Demos convened a Combined General Meeting for its shareholders at the company's registered office, in line with the quorum conditions required under French law.

Demos invites its shareholders to attend the Annual Ordinary and Extraordinary General Shareholders Meeting that will be held at 5:30 p.m. on Tuesday, June 16, 2009 at Demos headquarters.

In accordance with additional clause to the liquidity contract managed by Oddo Corporate Finance effective June 19, 2007, the following ressources have been credited to the liquidity account : €20,000 from main shareholder.