Company Profile For Veolia Environnement SA

Veolia Environnement is a provider of environmental management services, which include water and wastewater services, environmental services, energy services (excluding the production, trading and sale of electricity, other than production through co-generation) and transportation services. Its operations are conducted through four divisions: water, environmental services, energy services and transportation. Its principal operating subsidiaries in each division include Veolia Eau Compagnie Generale des Eaux (water), Veolia Proprete (environmental services), Dalkia (energy services) and Veolia Transport (transportation). On October 1, 2008, the Company acquired Ridgeline Energy, which is engaged in the development of wind energy projects. On December 16, 2008, the Company sold the Clemessy and Crystal businesses in the Energy services division.

BRIEF: For the six months ended 30 June 2009, Veolia Environnement's turnover decreased 1% to EUR17.43B. Net income from continuing operations decreased 45% to EUR276.7M. Total revenue reflects a decrease in demand for the Company's products and services in the Waste Management business segment. Net income from continuing operations suffered from higher administrative expenses and lower financial income.