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Veolia Environnement: Continuation of Asset Divestitures



  Veolia Environnement: Continuation of Asset Divestitures

Business Wire

PARIS -- November 22, 2012

Regulatory News:

Since August 2012, Veolia Environnement (Paris:VIE) has completed or signed
several small and medium-sized asset divestitures pursuant to the
implementation of the Company’s transformation plan. Certain divestitures have
already been completed, while others will be finalized later this year or
early next year. In total, these divestitures are expected to result in a
reduction of net financial debt by around €350 million.

These divestitures include the sale of Ridgeline, a U.S. subsidiary
specialized in wind power, to Atlantic Power, and the divestment of a portion
of the Veolia Environmental Services operations in Switzerland, a
waste-to-energy facility in Italy, as well as all Veolia Environmental
Services operations in Estonia and Lithuania, and Dalkia operations in
Switzerland and Estonia.

These divestitures are in addition to the €3 billion previously achieved by
the divestitures of U.K. regulated Water activities in the United Kingdom and
the U.S. Solid Waste business in the United States.

Given these achievements and the progress of other undertaken asset
divestitures, Veolia Environnement confirms the company’s objective of
divesting €5 billion in assets for the 2012-2013 period.

                                    *****

Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is the worldwide
reference in environmental solutions. 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 passenger
transportation. Veolia Environnement recorded revenue of €29.6 billion* in
2011.
www.veolia.com
* Excluding VeoliaTransdev revenues currently under divestment

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.

 Press release also available on our web site: http://www.finance.veolia.com

Contact:

Veolia Environnement
Analyst and institutional investor contact:
Ronald Wasylec +33 1 71 75 12 23
or
US Investors contact:
Terri Anne Powers – Tel +1 312-552-2890
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