EXHIBIT 99.1





Excerpts of Thomsons First Quarter 2008 Revenues, Near-term Priorities and Dividend Policy





The Board of Directors of Thomson met on April 14, 2008 to review revenues for the quarter ending March 31, 2008, an initial action plan from the management team, the Groups dividend policy, and the outlook for the Group.



Thomson reported total revenues of €1,016 million for the quarter (1Q07, €1,243 million). Currency movements were significant and decreased revenues during the quarter by €90 million. Revenues at constant currency were therefore €1,106 million, a decrease of 11% year-on-year.



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Recent weeks have seen a modest improvement in business conditions.  However, in the current climate of economic uncertainty the Group remains cautious on outlook. We currently expect revenues for 2Q08 to decline year-on-year, by 6-8% in constant currency terms.



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The Group expects to report a loss from continuing activities before interest and taxation for the first half of 2008, given the management decision to take further restructuring actions in the first half of 2008.



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The Groups performance is expected to be seasonally weighted towards the second half as in previous years. The Group will comment further on its expectations for the first half and full year at the Annual General Shareholders Meeting on May 22, 2008.





First Quarter 2008 Consolidated Revenues (unaudited)





|€ millions 
unless otherwise stated                                                                                                                                                                                                                                                                              | 1Q 08
actual | 1Q 08
constant currency | 1Q 07 | % change
constant
currency
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------ | ----------------------- | ----- | --------------------------
|Services                                                                                                                                                                                                                                                                                                         | 450          | 502                     | 548   | -8.4%                     
|Systems                                                                                                                                                                                                                                                                                                          | 465          | 493                     | 565   | -12.8%                    
|Technology                                                                                                                                                                                                                                                                                                       | 98           | 108                     | 124   | -12.5%                    
|Corporate & Other                                                                                                                                                                                                                                                                                                | 3            | 3                       | 6     | n/m                       
|Total(1)                                                                                                                                                                                                                                                                                                         | 1,016        | 1,106                   | 1,243 | -11.0%                    
|(1)Revenues are presented according to IFRS and therefore exclude activities treated as discontinued for the quarter, whose revenues for the quarter were not material. Previously reported group revenues for 1Q07 were €1,252 million, of which €9 million were from activities since treated as discontinued.









Thomson reported total revenues of €1,016 million for the quarter (1Q07, €1,243 million). Currency movements were significant and decreased revenues during the quarter by €90 million. Revenues at constant currency were therefore €1,106 million, a decrease of 11% year-on-year. Perimeter effects were minimal in the quarter.





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Divisional Review



As indicated in the full year results press release of 14 February 2008 the first months of the 2008 year have been challenging.  The Group confirmed on 30 March 2008 that the slowdown in the Access Products activities of the Systems Division had continued into the first quarter with reduced orders from broadband operator customers. In the Services Division, the Hollywood writers strike, while now over, has negatively affected the Film Services and Content Services businesses.



Activity has been more stable in other areas of the Groups business such as the Service Divisions DVD activity and the Systems Division’s Broadcast & Networks activity. In addition, the last weeks of March 2008 showed an improvement in activity in the Access Products business indicating renewed investment by the Group’s customers.



Services



Revenues for the Services division were €450 million for 1Q08 (1Q07, €548 million). Currency movements were significant and decreased revenues during the quarter by €52 million. Revenues at constant currency thus decreased by 8.4% year-on-year.



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In physical media, DVD volumes continued to hold up well with a decrease of just 2% in units from 319 million units for 1Q07 to 312 million units in 1Q08. Key studio titles in DVD for the quarter were Enchanted, 101 Dalmatians, National Treasure 2,andBee Movie.



In Film, footage for the quarter was 0.73 billion feet down from 1.11 billion feet in 1Q07. The previously-announced loss of one North American film replication contract accounted for approximately 0.14 billion feet of the decline. The balance of the decline resulted principally from a weaker slate, with some ongoing impact also from the writers strike in Hollywood.



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The revenues from the activities driven by digital and electronic media were mixed.



In Content Services continuing growth in Visual Effects (VFX) was more than offset by declines in other areas, principally those affected by the delays and cancellations caused by the writers strike in Hollywood.  Although this has now been resolved, we expect some ongoing effect on Content Services revenues through the rest of 2008.



Network Services grew in the broadcast activities but the retail media and cinema advertising sides of the business were held back by the soft advertising market.



Our offering in electronic distribution services to the home continued to develop, although revenues in the quarter were not material. This is a key area of growth for the future to complement our other electronic content services and network services.



The Services Division also focused on cost reduction programs to mitigate the effects of long-term structural trends in physical media  and to improve the profitability of the electronic media activities.  Although we expect revenues from physical media to continue to decline in the coming two quarters, the resolution of the format war in DVD in favour of BluRay is expected to boost demand for new format discs, notably from 2009 onwards.





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Systems



Revenues for the division were €465 million for 1Q08 (1Q07, €565 million). Currency movements decreased revenues during the quarter by €28 million. Revenues at constant currency therefore decreased by 12.8% year-on-year compared to 1Q07.  Access Product revenues fell sharply as broadband operators and broadcasters held back orders in the light of increased economic uncertainty.  However revenues from Broadcast & Networks were more encouraging with revenues slightly up year-on-year at constant currency.



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InAccess Products, Thomson shipped 2.2 million satellite set-top boxes in 1Q08 (vs. 2.1 million in 1Q07), 0.4 million cable set-top boxes (vs. 0.6 million in 1Q07), and 2.2 million access products for telecom operators (vs. 2.6 million in 1Q07)  making a total of 4.8 million access products in the quarter (vs. 5.3 million in 1Q07), down 10% overall.



For satellite customers, mix was largely unchanged and prices declined. The volume declines in access products for telecom operators reflected in particular lower volumes with European customers.



The last weeks of March 2008 showed an improvement in activity in the Access Products business indicating renewed investment by the Groups customers.



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Broadcast & Networks revenues for the quarter were slightly up at constant currency compared to 1Q07. Broadcast products grew strongly. The LDK8000 high-definition camera continued to sell well in 1Q08, as did editing software and systems, such as servers and the recently-introduced version of the Aurora news software. Network products and integration activities declined year-on-year.



The Systems Division also focused on cost reduction and process optimisation programs, notably concerning operating expenses. It upgrades for its supply chain, R&D simplification and quality, and a reorganisation of the sales force in January.



Technology



Revenues of the division were €98 million for 1Q08 (1Q07, €124 million). Currency movements during the quarter decreased revenues by €10 million.  Revenues at constant currency therefore decreased by 12.5% year-on-year.



Licensing revenues at constant currency decreased by 7.3% year-on-year. Licensingrevenues were €79 million for 1Q08 (1Q07, €96 million). Currency movements were significant and decreased licensing revenues for the quarter by €10 million. The revenue variation reflects quarterly fluctuations as no major new agreements were signed in the quarter compared to a year ago. Thomson had 960 licensing contracts outstanding at end 1Q08 across its 23 licensing programs.





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Discussions continue on the combination of the Groups tuners activity with those of NXP.  Revenues generated by the Groups other silicon activities were not material in the quarter and the activities continued to generate losses.



Corporate & Other



Revenues of Corporate and Other activities were €3 million for 1Q08 (1Q07 €6 million).



Group reported revenues are presented according to IFRS and therefore exclude activities treated as discontinued for the quarter.



Debt and Financing



The Group notes that the decision taken by the Board not to propose a dividend to be paid in 2008 does not imply non-payment of the next coupon on the €500 million perpetual bond, such decision being due in September 2008.







Board Composition



The Board has finalized the resolutions to be submitted to the Annual General Meeting to be held on 22 May 2008. The Directors whose mandates are proposed for renewal are Loïc Desmouceaux, Pierre Lescure, Didier Lombard, Dave Roux, Remy Sautter and Henry Vigil. Following the AGM the Board would then comprise ten directors*, of whom nine would be independent directors and one would be a representative of the employee shareholders.



*The mandates of François de Carbonnel, Marcel Roulet, Paul Murray and Eric Bourdais de Charbonnière will fall due for renewal in 2009, 2009, 2010 and 2011, respectively.





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APPENDIX





Quarterly Consolidated Revenues (unaudited)







|In € millions     | 1Q 08 | 4Q 07 | 3Q 07 | 2Q 07 | 1Q 07
|----------------- | ----- | ----- | ----- | ----- | -----
|Services          | 450   | 711   | 598   | 543   | 548  
|Systems           | 465   | 765   | 651   | 698   | 565  
|Technology        | 98    | 142   | 120   | 148   | 124  
|Corporate & Other | 3     | 3     | 3     | 5     | 6    
|Total             | 1,016 | 1,621 | 1,372 | 1,394 | 1,243
|Average $:€       | 1.51  | 1.46  | 1.38  | 1.35  | 1.31 







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