French TF1 television news just reported a couple of minutes ago, two bodies found, on board were five NZ, two German. A Gendarme witness reported that the aircraft entered the water in a "virage engagée" - ie a steep, descending turn. Aircraft was on approach to LFMP/PGF. The local Prefect said that it was unlikely that there would be any survivors, though the search continues.
Judging by the location of the crash of St Cyprien, it was possibly on the 11 DME Arc from PPG, about the moment it started the turn to intercept the ILS for 33.