Company Profile For Schneider Electric S.A.

Schneider Electric SA is a France-based company that specializes in electricity distribution and automation management. The Company has eight divisions: Automation and Control, offering products in the area of detection, machine safety and mounting systems, among others; Electrical Distribution, which develops products, equipment and systems covering all phases of transmission and electrical distribution; Installation Systems & Control, which offers wiring devices, cable management systems and voice data image, among others; Building Automation & Security, providing integrated solutions for building management; Critical Power & Cooling Services, offering energy solutions; Restriction of Hazardous Substances (RoHS) Compliance, engaged in elimination of banned substances in the electric products; Services, provided in various industry sectors and Training, offering professional training courses. The Company operates in Europe, the United States, the Middle East, Asia and Africa.

BRIEF: For the six months ended 30 June 2009, Schneider Electric SA's total revenue decreased 13% to EUR7.76B. Net income for the period decreased 59% to EUR346M. Total revenue reflects decreased demand for the Company's products and services in Europe, North America and Asia-Pacific geographic segments. Net income for the period suffered from increased restructuring costs as well as higher interest expenses and depreciation charges.