Monday, 22 December 2003

Yves Rambaud, member of the Ipsen Group’s Board of Directors

Paris, December 22, 2003 — Mr. Yves Rambaud is appointed a member of The Ipsen Group’s Board of Directors. He is also a Board Member of the companies « LE NICKEL SLN » and GEODIS and he is Chairman of "La Fédération des Minéraux et Métaux" (Minerals and Metals Union). From 1991 to March 2003, he was Chief Executive Officer of ERAMET.

A graduate from both "Ecole Polytechnique" and "Ecole des Mines de Paris", Mr. Yves Rambaud started his career at the National Mining and Geological Service in Paris. From 1967 to 1971, he was successfully Manager, then Deputy General Manager of PENARROYA (mining and metallurgic company). From 1971 to 1974, he became General Manager Nickel Activity of "SOCIETE LE NICKEL (SLN)" (belonging to the same group as PENARROYA). When the company "LE NICKEL" became the IMETAL Group, he was appointed General Manager in 1974, then became Chief Executive Officer from 1985 to 1991 of "LE NICKEL SLN" (metallurgic company). At the same time he was appointed Vice President and General Manager, then Chief Executive Officer of ERAMET-SLN, which since became ERAMET.

About Ipsen

Present in over 110 countries with a total staff of nearly 3700, the Ipsen Group had a turnover of €718 million in 2002, 27.1% outside Western Europe.

The Group is focused on developing innovative products in targeted disease areas: oncology, endocrinology, neurology and haematology. Ipsen currently has over 20 products on the market, including those marketed to specialists in disease areas that represent the main source of Ipsen’s future growth, as well as predominantly natural-based products that represent the historical base of the Group’s business in other disease areas. In 2002, 18.2% of Ipsen’s turnover was reinvested in Research and Development, carried out from 4 centres: Paris, Boston, Barcelona and London by an international network of about 550 scientists.

The Group’s website is www.ipsen.com


Source: Ipsen