Paris, 25 February 2006

The Board of Directors of Gaz de France today met and examined the project of a merger between Gaz de France and Suez, put forward by its Chairman & Chief Executive, Jean-Francois Cirelli.

This merger project builds on existing joint developments and is the result of talks between the two companies, begun several weeks ago. It fully corresponds to Gaz de France's strategic objectives and will accelerate its implementation.

The Board stresses the need to respect the cultures' of the two groups and the importance that the project is job creating.

The Board of Gaz de France has mandated its Chairman & Chief Executive, Jean-Francois Cirelli, to pursue the merger talks and has asked that all shall be done for the project to be completed whilst respecting the necessary consultations.

The project remains subject to approval by the relevant authorities.

This press release contains forward-looking statements based on estimates and forecasts of Gaz de France's management. Readers are informed that such statements, made as of data available today, are subject to risk and uncertainty factors. Therefore, actual results or events may differ from such forward-looking information and statements, which readers shall not consider as certain. Please not that Gaz de France disclaims any obligation to update the forward-looking information contained in this press release.

Media Contacts :

Jérôme Chambin M: Communications - Louise Tingström
Tel: + 33 (0) 1 47 54 24 35 Tel: +44 (0) 789 906 6695
E-mail : jerome.chambin@gazdefrance.com E-mail : tingstrom@mcomgroup.com