SUEZ raises its direct stake in Electrabel to 50.01%


PARIS, Jan. 5, 2004 — SUEZ recently made opportunistic purchases of Electrabel shares on the stock market, raising the Group’s direct shareholding to 50.01%, or 54.68% inclusive of the joint action with the pure intermunicipal finance companies (4.67%).

On May 8, 2003, SUEZ had reported that on its own it held 45.34% of Electrabel’s shares, or 50.01% inclusive of the joint action with the pure intermunicipal finance companies (4.67%).

SUEZ, (www.suez.com) a worldwide industrial and services Group, active in sustainable development, provides companies, municipalities, and individuals solutions in Energy — electricity and gas — and the Environment — water and waste services.

In 2002, SUEZ generated revenues of EUR 40.218 billion (excluding energy trading). SUEZ is listed on the Euronext Paris, Euronext Brussels, Luxembourg, Zurich and New York Stock Exchanges.

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