This document was last updated April 1, 2004.

The Company's Code of Ethics and Business Conduct (the "Code of Ethics") applies to all employees and directors of the Company. In addition to ethical standards for required conduct outlined therein, the Chief Executive Officer, the Chief Financial Officer and the Corporate Controller or persons performing similar functions (if applicable), (the "Designated Executives") must also meet the standards and requirements of a Supplementary Code of Ethics and Business Conduct (the "Supplement") which provides as follows:

1. Business decisions must be made and actions taken in the best interests of the Company and must not be influenced by personal considerations or relationships. Conflicts can arise when the Designated Executive receives improper gifts, entertainment or benefits as a result of his/her position in the Company. The Company prohibits the receipt of gifts or benefits of greater than nominal value from vendors, suppliers, customers and other business associates. Frequent gifts or entertainment of nominal value from the same party may be considered to be of greater than nominal value and subject to review by the Board of Directors of the Company (the "Board"). Giving gifts and entertainment of greater than nominal value is equally prohibited.
2. Designated Executives are entrusted with a wealth of information, tools and resources that the Company expects to be used to advance its legitimate interests. Such information must not be used to identify or exploit personal opportunities or achieve personal gain to the detriment of the Company.
3. Designated Executives will make full, true, fair, accurate, timely, and understandable disclosure in reports and documents that the Company files with, or submits to the Authorit� de March� de Financier, the Nasdaq and the Securities and Exchange Commission (SEC) and in all other public communications made by the Company; it is the responsibility of each Designated Executive promptly to bring to the attention of the Company's General Counsel any material information of which he or she may become aware that affects the disclosures made by the Company in its public filings.
4. Designated Executives will ensure that they and the Company comply in all material respects with applicable governmental laws, rules and regulations.
5. Designated Executives will promptly bring to the attention of the Company's General Counsel any information he or she may have concerning significant deficiencies in the design or operation of internal controls that could adversely affect the Company's ability to record, process, summarize and report financial data or any fraud (including the identity of all alleged perpetrators), whether or not material, involving management or other employees who have a significant role in the Company's financial reporting, disclosures or internal controls.
6. Designated Executives will promptly report to the Company's General Counsel all material violations of the Code of Conduct and this Supplement of which they are aware, including any actual or apparent conflicts of interest between personal and professional relationships involving any management or other employees who have a significant role in the Company's financial reporting, disclosures or internal controls.
7. Any Designated Executive, if not satisfied with actions taken or proposed to be taken by the General Counsel as a result of disclosures made by the Designated Executive under sections 5 and 6, should promptly provide the same information directly to the Chairman of the Board of Directors, the Nominating and Corporate Governance Committee or any independent member of the Board, who will cause the matter to be investigated and appropriate actions taken.
8. Designated Executives will be individually accountable for adherence to requirements of the Code of Conduct and this Supplement.

Any breach of the provisions of the Code of Conduct and the Supplement which are considered to be material will be submitted to the Board for review and decision. The Board will determine if the alleged breach of the Code of Conduct or Supplement is material and may waive such breach or take whatever disciplinary action it considers appropriate in the circumstances, including immediate dismissal of the Designated Executive. The Company will promptly publish on its web site the results of any Board review where, as a result of a breach determined to be material, a waiver has been granted or other action taken including the reasons for such decision.