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Essilor to Acquire 50% of Shamir Optical
Date:10/15/2010

n required Israeli court approval, regulatory and shareholder approvals of the merger and related transactions, and the performance of the obligations pursuant to the related agreements; conflicts in the region, the effects of competition in the industry, and changes in Shamir Optical's or Essilor's relationships with optical laboratories, distributors, research and development partners and other third parties; the effects of the international expansion of operations of Shamir Optical and Essilor, and their ability to manage their growth, including their ability to manage potential future acquisitions; the effect of global economic conditions in general and conditions in the industry and target markets in particular; shifts in supply and demand; market acceptance of new products and continuing products' demand; the impact of competitive products and pricing, including on products and markets; timely product and technology development/upgrades and the ability to manage changes in market conditions as needed; interest rate fluctuations, liquidity and currency risks, and counterparty and investments risks; other operational, market and legal risks; and other factors detailed in Shamir Optical's filings with the Securities and Exchange Commission and in Essilor's annual Registration Document, available on its website (http://www.Essilor.com) (see, in particular, "Risk Factors" in each document). Neither Shamir Optical nor Essilor assume any obligation to update the information in this release.

For more information, please visit http://www.essilor.com. Shamir Optical investor relations and media contacts Jeffrey Goldberger, KCSA Worldwide Managing Director Phone: +1-212-896-1249 (NY) jgoldberger@kcsa.com Essilor investor relations and financial communications Veronique Gillet, SVP Investor Relations Sebastien Leroy, Manager Financial Communications
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