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Please be reminded that you can give your employees one lunch voucher for each day of work, and your company and employees will enjoy substantial fiscal facilities – deductibility and relief from social taxes – within the limit of the maximum face value that is admitted by law.

The new face value of lunch vouchers, valid in the first semester of 2011, was established under Order No. 952 / February 8, 2011, issued by the Minister of Labour, Family and Social Protection and published in Official Gazette No. 111 of February 8, 2011.

According to the legal provisions regarding lunch vouchers, they may be ordered and paid effective immediately at their new face value, and they will be delivered only after February 20, 2011.

Lunch vouchers are one of the most flexible and beneficial methods to increase employees' income, as they are deductible upon the calculation of the profit tax (16%) and free from social contributions payable by employees (16.5%) and by employers (at least 28%)*.

Effective July 2010, the amounts granted as lunch vouchers are subject to a tax of 16%, payable by employees **.

* Law 142/1998 regarding the grant of lunch vouchers and its rules of application
** EGO No. 58/2010 regarding the amendment and supplement of Law 571/2003 regarding the Fiscal Code

After 11 years from the issue of the first prepaid service voucher branded Ticket Restaurant, Edenred Romania is launching a unique prepaid gift card which is exclusively dedicated to companies.

The name of the new Edenred product is Compliments^® and it is a prepaid gift card that can be provided by companies to both their own employees, as a reward element, and to their business partners or customers, as a protocol and marketing tool.

Users of the Compliments® card will be able to pay with it for their shopping in a selected network of traders covering multiple segments of interest, ranging from stores of food products to gift shops, apparel, footwear, footwear, household appliances, and bricolage stores, drugstores, etc.

"At this time, the Compliments card is accepted in more than 1,500 sales venues all over the country and we continue to discuss with representative traders, both from the traditional trade and from among major networks, as well as from the online environment. The novelty brought by Compliments® is the possibility to use it in online stores and to make electronic payments", stated Iulian Alexe, the Marketing Director of Edenred Romania.

The Compliments^® gift card is a modern, simple and innovative tool, which responds to both new corporate working systems, and to the new consumption and payment habits of companies' employees and customers. The new Edenred product enhances the efficiency of a series of major administrative costs, involved in the traditional solutions for rewarding employees or business partners.

"The market sent us a set of extremely encouraging signals with respect to this product. On the one hand, Compliments^® simplifies the toilsome social funds management or marketing process, particularly in large companies. On the other hand, for those stores that accept this card, there is a practical advantage related to the enhancement of their liquidity degree, because of the fact that accepted amounts are secured and speedily settled. In addition, the card eliminates the logistic effort made in the case of gift vouchers - collection, stamping, storage and delivery - as the funds stored on the card are 100% electronically processed", stated Iulian Alexe.

For beneficiaries, the Compliments^® gift card prepared a series of special advantages, by means of a virtual club, which gives them access to significant discounts in partner stores.

The Compliments^® card is a product developed in cooperation with MasterCard, with whom Edenred made a strategic partnership that started in 2009. The processing infrastructure and the innovative technology for the Compliments^® card are provided by PrePay Solutions, an alliance between Edenred and MasterCard. Romania is the 10^th country where Edenred proposes electronic payment solutions together with PrePay Solutions and MasterCard, by means of prepaid cards.

"The launch of the Compliments card together with Edenred represents a premiere in Romania and we are very pleased with the opportunities triggered by such an event. Using the innovative platform MasterCard Private Label, Edenred succeeded in record time to launch a revolutionary product that we perceive as very beneficial for the general development of the card market in Romania", stated Gabriel Ghiţă, Business Development Manager CEE, MasterCard Europe.

"The Compliments^® card stands for a new stage reached by our company and a reassertion of our company's innovative spirit. By means of valuable partnerships, which developed in time and allowed us to gain experience, we are now ready to launch a product that is superior to those products which established our position in the market", as Philippe Blecon, the General Director of Edenred Romania.

As of today, the Compliments^® gift cards are available to those companies which are looking for a modern, practical and simple solution to reward their employees, business partners or customers.

***

Edenred, the world leader in prepaid service vouchers, provides solutions that enhance the well-being of people and improve the performances of organizations. Operating in 40 countries, with 6,000 employees, almost 500,000 private and public sector customers, 33 million users and 1.2 million affiliated partners, Edenred offers a wide range of products, grouped in two main categories:

• Benefits for employees and various communities by means of lunch vouchers and improvement of quality of life

• Solutions for stimulating performance, expenses management, incentives and rewards, and new prepaid services on electronic support.

In 2009, Edenred generated a total issue volume of €12.4 billion, of which 50% came from emerging markets.

In Romania, for over 10 years, Edenred has been providing solutions for an easier life for 1,500,000 people, from its 35,000 customer companies.

As a leading payment company, MasterCard Worldwide is at the heart of trade. MasterCard plays the roles of franchiser, processor and advisor in the payments industry. MasterCard supports trade, and provides a major economic liaison among financial institutions, authorities, companies, traders and cardholders at a global level. In 2009, consumers generated a gross volume of transactions of $ 2.5 trillion worldwide, on the products issued under the company's brands. Backed by MasterCard Worldwide Network - the world's fastest payment processing network - MasterCard is processing more than 22 billion transactions on a yearly basis and has the capacity to manage 140 million transactions per hour, with an average term of 140 milliseconds and an accuracy of 99,99%. MasterCard is promoting global trade by means of its family of brands, including MasterCard®, Maestro® and Cirrus®, by means of its basic products - credit, debit and prepaid - and by means of its innovative platforms and functionalities, such as MasterCard PayPass^TM and MasterCard inControl^TM. MasterCard serves consumers, authorities and companies from more than 210 countries and territories. For more information, please visit www.mastercard.com. Follow us on Twitter: @mastercardnews.

This change occurs in the international context of the change of the ACCOR SERVICES brand, as a result of the spin-off of the Hotels division of the Accor Group from the Prepaid Services division, which spin-off took place at the end of June 2010.

The new name of our company will appear on all the documents issued by it and to it effective October 1, 2010.

All the other identification elements of our company, namely its registered headquarters, registration number with the Trade Registry Office and Unique Identification Code will remain unchanged.

The change of our company's name in the above context will:

• NOT involve re-signing the contracts concluded by the company represented by you, to this date, with ACCOR SERVICES SRL or concluding additional acts for this purpose;

• NOT affect the validity or effect of vouchers issued under the former name, which are current at this time. The respective vouchers may continue to be used within the terms mentioned in the customer contracts, since the change of our company's juridical name does not have any effects in this respect.