Technicolor: End of ‘Sauvegarde’ Proceeding

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February 17, 2010
Paris - Technicolor announces that the Tribunal de Commerce de Nanterre (Commercial Court of Nanterre) approved the Company’s ‘sauvegarde’ restructuring plan in its ruling today

Paris, 17 February 2010 - Technicolor (Euronext 18453 ; NYSE : TCH) announces that the Tribunal de Commerce de Nanterre (Commercial Court of Nanterre) approved the Company’s ‘sauvegarde’ restructuring plan in its ruling today.

The Commercial Court’s ruling brings an end to the ‘sauvegarde’ proceeding entered into by the Company on 30 November 2009. It follows the near unanimous approval of Technicolor’s restructuring plan by all creditors’ committees (suppliers, syndicated lenders and noteholders) on 21 and 22 December 2009 and by the Company’s shareholders on 27 January 2010.

Going forward, Technicolor will implement its restructuring plan and launch the securities offerings.

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This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration.

Technicolor is a company listed on NYSE Euronext Paris and NYSE stock exchanges, and this press release contains certain statements that constitute "forward-looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties, assumptions and other factors beyond Technicolor’s control that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward-looking statements due to changes in global economic and business conditions, risks related to its debt restructuring, and risks related to its operations in general. For a more complete list and description of such risks and uncertainties, refer to Technicolor’s Form 20-F (formerly Thomson) and other filings with the U.S. Securities and Exchange Commission and Technicolor’s Rapport Annuel and other filings with the French Autorité des marchés financiers.

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About Technicolor
With more than 95 years of experience in entertainment innovation, Technicolor serves an international base of entertainment, software, and gaming customers. The company is a leading provider of production, postproduction, and distribution services to content creators and distributors. Technicolor is one of the world’s largest film processors; the largest independent manufacturer and distributor of DVDs (including Blu-ray Disc); and a leading global supplier of set-top boxes and gateways. The company also operates an Intellectual Property and Licensing business unit. For more information:  www.technicolor.com

Press contacts: 33 (0)1 41 86 53 93
technicolorpressoffice@technicolor.com

Investor relations: 33 (0)1 41 86 55 95
Investor.relations@technicolor.com