DGAP-DD: GAGFAH S.A. english

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| Source: EQS Group AG

Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EQS Group
AG. 
The person with duty of notification is solely responsible for the content
of this announcement.
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Details of the person subject to the disclosure requirement
Last name: Nardone
First name: Randal A.
Company: Fortress Investment Group

Position: Member of a managing body

Information about the transaction with duty of notification

Description of the financial instrument: GAGFAH S.A. Shares
ISIN/WKN of the financial instrument: LU0269583422
Type of transaction: Sale
Date: 01.04.2014
Price: 10.95
Currency: EUR
No. of items: 94761
Total amount traded: 1037632.95
Place: Block Trade / OTC

Explanation for publication:

Reduction of own shareholdings in GAGFAH S.A. simultaneously with reduction
of shareholdings in GAGFAH S.A. by Fortress Investment Group LLC and its
affiliates.

Information about the company with duty of publication

Issuer: GAGFAH S.A.
2-4, rue Beck
1222 Luxemburg
Großherzogtum Luxemburg
ISIN: LU0269583422
WKN: A0LBDT


End of Directors' Dealings Notification 
(c) DGAP 06.04.2014

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