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Veolia Environnement closes the acquisition of the 50% stake held by FCC in Proactiva

  Veolia Environnement closes the acquisition of the 50% stake held by FCC in
  Proactiva

Business Wire

PARIS -- November 28, 2013

Regulatory News:

Veolia Environnement (Paris:VIE) announces the closing of the acquisition of
the 50% stake held by Fomento de Construcciones y Contratas (FCC) in Proactiva
Medio Ambiente. The transaction amounts to €150 million and makes Proactiva a
wholly owned Veolia Environnement subsidiary.

This acquisition will enable Veolia Environnement to consolidate its position
in Latin America in water, wastewater services and waste management in
accordance with its strategy to develop in fast growing areas.

The transaction will have a neutral impact on Veolia’s 2014 leverage ratio
objective and will be accretive to net income from 2014, prior to purchase
price allocation.

Proactiva will be consolidated in the Group’s accounts from December 1, 2013.

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Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is the worldwide
reference in environmental solutions. With 220,000 employees*, the company has
operations all around the world and provides tailored solutions to meet the
needs of municipal and industrial customers in three complementary segments:
water management, waste management and energy management. Veolia Environnement
recorded revenue of €29.4 billion* in 2012. www.veolia.com

(*) Excluding VeoliaTransdev employees and revenues currently under divestment
(and before implementation of IFRS 10-11-12)

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.
Such forward-looking statements are not guarantees of future performance.
Actual results may differ materially from the forward-looking statements as a
result of a number of risks and uncertainties, many of which are outside our
control, including but not limited to: the risk of suffering reduced profits
or losses as a result of intense competition, the risk that changes in energy
prices and taxes may reduce Veolia Environnement’s profits, the risk that
governmental authorities could terminate or modify some of Veolia
Environnement’s contracts, the risk that acquisitions may not provide the
benefits that Veolia Environnement hopes to achieve, the risks related to
customary provisions of divesture transactions, the risk that Veolia
Environnement’s compliance with environmental laws may become more costly in
the future, the risk that currency exchange rate fluctuations may negatively
affect Veolia Environnement’s financial results and the price of its shares,
the risk that Veolia Environnement may incur environmental liability in
connection with its past, present and future operations, as well as 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.

Contact:

Media Relations
Sandrine Guendoul + 33 1 71 75 12 52
or
Analyst and investor relations
Ronald Wasylec + 33 1 71 75 12 23
Ariane de Lamaze + 33 1 71 75 06 00
Terri Anne Powers (US) + 1 312-552-2890
 
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