>Initial encouraging trends observed in late fourth-quarter 2009 remain in effect:
· Prepaid Services revenue down 0.4% like-for-like, reflecting a 3.8% increase in
operating revenue and a 29.5% decline in financial revenue.
· Revenue from Hotels and Other Businesses up 0.8% like-for-like, of which a 1.6% gain
for Hotels, with signs of improvement, especially in occupancy rates, which rose in
Upscale and Midscale hotels and stabilized in the Economy segment in Europe.