  We report the first experimental demonstration of conditional preparation of
a non classical state of light in the continuous variable regime. Starting from
a non degenerate OPO which generates above threshold quantum intensity
correlated signal and idler "twin beams", we keep the recorded values of the
signal intensity only when the idler falls inside a band of values narrower
than its standard deviation. By this very simple technique, we generate a
sub-Poissonian state 4.4dB below shot noise from twin beams exhibiting 7.5dB of
noise reduction in the intensity difference.
