Veolia Environment and North American-based companies donate $1 million to Katrina relief efforts
PARIS, Sept. 29, 2005 - Veolia Environment, the world's leading environmental services company, and its North American-based companies, are donating $1 million and additional support to Hurricane Katrina relief efforts. The company is making $500,000 donations to the American Red Cross and to the Bush-Clinton Katrina Relief Fund, steering funds to impacted communities served by the company.
"Hurricane Katrina has caused the world to pause and reflect on this human tragedy and the ways we can assist in the long recovery process ahead," said Henri Proglio, Veolia Environment chairman and CEO. "Many of our customers and employees have suffered tremendously. We are determined to make a difference and this donation is just one of the ways we are able to help those in need."
Three of the company's four divisions - Connex, Onyx and Veolia Water - serve municipal and industrial customers located in Katrina's path. Connex (operating as ATC) operates part of Jefferson Parish's fixed-route bus system. Onyx North America provides environmental services to industrial and municipal customers and had customer and company operations impacted in the New Orleans, Baton Rouge and Mobile, Ala., areas. Veolia Water North America operates wastewater treatment facilities for the cities of New Orleans, Kenner and Harahan, in addition to providing other water/wastewater services to industrial customers. Dalkia North America's business operations were not affected by the storm.
"Each of our companies has actively supported customers and employees," explained Stéphane Richard, Veolia Environment executive committee member and executive director of Veolia Environment North America. "We have seen their suffering and incalculable loss first hand. Many employees have worked tirelessly to help customers and the impacted communities, putting aside their own needs in a time of great personal peril. We are moved by their actions, as they have done everything possible to support customer operations."
The Veolia Environment companies have launched many initiatives to bring aid to affected communities, monetarily and through human capital. Bottled water, food and personal provisions have been delivered in Louisiana and Mississippi. Veolia Water Force, Veolia Water's international humanitarian relief agency, dispatched technicians to Louisiana to determine potential applications for mobile water treatment assets.
The companies have also provided direct financial and humanitarian relief to employees, established funds with employee-matching donation mechanisms, and adopted human resources policies to support individual employees in their time of need.Veolia Environment
(Paris Euronext: VIE and NYSE: VE) is the world leader in environmental services and was recently ranked by Engineering News Record as the third-largest U. S. provider of environmental services. The company has operations all around the world and provides tailored solutions to meet the needs of industrial and municipal customers in four complementary segments: water management, waste management, energy management and passenger transportation. Veolia Environment recorded revenue of $30 billion in 2004 and has 250,000 employees. Connex North America
has over 4,500 employees offering various types of public transportation services. Around the world, Connex transports more than 2.1 billion passengers a year. It operates 15,000 buses, 7,000 trains and has 61,500 employees worldwide. Dalkia North America
provides energy and environmental optimization services to commercial, industrial, institutional and municipal customers. Onyx North America
is part of Onyx, the only operator that provides solid, liquid, non-hazardous and hazardous waste management solutions to both local communities and industry. Its 71,000 employees in 34 countries provide waste management and logistics services, including collection, wastewater management, cleaning and flow control, and treatment and recovery of waste. Onyx posted sales of 6.2 billion euros in 2004.Veolia Water North America
is the leading provider of comprehensive water and wastewater services to municipal and industrial customers, providing services to more than 600 communities in the United States, Canada and the Caribbean. The company is part of Veolia Water, the No. 1 water company in the world, serving more than 110 million customers. 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 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, and the risks related to Veolia Environnement's relationship with Vivendi Universal, 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.Contacts: Connex North America
Debra Pester 443.850.6824Dalkia North America
Christie Kaluza 281.985.5481Onyx North America
Husk Jennings Galloway + Partners
904.354.2600 x243Veolia North America
Scott Edwards 281.985.5479
Christie Kaluza 281.985.5481