2009-06-09 11:56:00 | Veolia Transport and Transdev - Clarification

2009-06-09 | Veolia Transport and Transdev - Clarification

Paris, June 9, 2009.  Market rumors have raised the possibility of Veolia Environnement’s involvement, via its subsidiary Veolia Transport, in various scenarios regarding changes in the shareownership of Transdev, a subsidiary of the Caisse des Dépôts et Consignations Group. Veolia Transport is a key component of Veolia Environnement’s strategy of providing a global service offering to its clients.

Veolia Environnement is interested in any situation entailing a change in the share ownership of Transdev. Veolia Environnement’s objective would be to create a new global leader in mass passenger transit while remaining the industrial operator alongside the Caisse des Dépôts et Consignations. The new group arising out of the merger of the two units would seek a stock market listing as soon as conditions permit. In compliance with the relevant regulations, Veolia Environnement will therefore notify the financial markets of future developments regarding this plan, which would also require the approval of the RATP.


Veolia Transport
Veolia Environnement's transport division operates in 28 countries and employs 83,654 people. Veolia Transport posted revenue of €6 billion in 2008. Veolia Transport operates 38,078 road and rail vehicles and carries more than 2,5 billion passengers per year. Veolia Transport contributes to remedy the shortage of urban space and avoids 4.1 million metric tons of greenhouse gas emissions (equivalent CO2) per year.

Veolia Environnement
Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is the worldwide reference in environmental services. With more than 330,000 employees the company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in four complementary segments: water management, waste management, energy management and freight and passenger transportation. Veolia Environnement recorded revenue of €36,2 billion in 2008. www.veolia.com

IMPORTANT DISCLAIMER
Veolia Environnement is a corporation listed on the NYSE and Euronext Paris. This press release contains “forward-looking statements” within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including the risks described in the documents Veolia Environnement has filed with the U.S. Securities and Exchange Commission. Veolia Environnement does not undertake, nor does it have, any obligation to provide updates or to revise any forward-looking statements. Investors and security holders may obtain a free copy of documents filed by Veolia Environnement with the U.S. Securities and Exchange Commission from Veolia Environnement.

Analyst and institutional investor contact: Nathalie Pinon +33 1 71 75 01 67
US Investors contact Brian Sullivan – Tel +1 (312) 552 2847