PR Newswire/Les Echos/

January 9, 2015

                              MONTHLY STATEMENT
            ABOUT THE NUMBER OF SHARES COMPOSING THE SHARE CAPITAL
                      AND THE NUMBER OF VOTING RIGHTS

               Article L.233-8 II of the French commercial code
  Article 223-16 of the Financial Markets Authority (AMF - Autorité des Marchés
                                 Financiers)

Date               Total number of shares      Total number of Voting Right
                                            theorical (1)      exercisable (2)

December 31, 2014       417,029,585         513,828,790         513,225,463

(1) Calculated based on all shares with voting rights, including treasury shares
stripped of voting rights (Art. 223-11
of AMF General Regulations).

(2) For information, excluding treasury shares stripped of voting rights.

                           SAFRAN
            Société Anonyme with a board of directors
                    Share capital: EUR83,405,917
Registered office: 2 Boulevard du Général Martial-Valin, 75015 Paris, France
          Registered in Paris under no. 562 082 909

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