2009-07-31 02:49:00 | Press Release

2009-07-31 | Press Release

Paris, July 31st, 2009. Veolia Environnement has announced that its subsidiary Veolia Transport has entered into exclusive discussions with Transport et Logistique Partenaires (SNCF Group) and Europorte 2 (Eurotunnel Group) have submitted a firm bid to acquire the Veolia Cargo company.

As part of this offer, Europorte 2 would acquire the French activities from Veolia Cargo and Transport et Logistique Partenaires would acquire the German, Benelux and Italian activities.

Veolia Transport will consider this bid carefully. If it is accepted, and after consulting the workers representation bodies and approval by the competent regulatory bodies, the disposal could take place by the end of 2009.
 
Following these transactions, Veolia Environnement’s indebtedness would be reduced by €95m.


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 companies 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. These factors and uncertainties in particular  include risks related to customary provisions of divesture transactions and those 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