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“GDF Futures Energies”

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Gaz de France announces the acquisition of the wind power company Nass & Wind Technologie and combines its holdings
in renewable energies in a dedicated subsidiary
“GDF Futures Energies”

February 26, 2008

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Paris, 26 February 2008 – Gaz de France has just signed the acquisition of Nass & Wind Technologie, specialised in developing, building and operating land-based wind farms in France.

Founded in 2001, Nass & Wind Technologie, a subsidiary of the Nass & Wind Group, is an electricity producer that develops wind farms on its own behalf and for third-parties in France, and anchored in Brittany.

Nass & Wind Technologie operates installed capacity of 34 MW. The company received all the necessary construction permits for 150 MW in the short term and owns a project pipeline totalling approximately 1 500 MW.

This acquisition is fully in step with the Group's strategy in electricity production generated from renewable energies, in particular wind energy. Gaz de France already owns the largest wind farm assets in France, with installed capacity of almost 145 MW at the beginning of 2008.

In light of the acquisitions carried out over the last few months, Gaz de France has decided to focus and rationalise the stakes it holds by creating a subsidiary dedicated to renewable energies, which will be named “GDF Futures Energies”. This company now encompasses all of the subsidiaries and shares owned by Gaz de France in the field of electricity generated from wind power: Maïa Eolis, Erelia, Eoliennes de la Haute-Lys and soon Nass & Wind Technologie.

GDF Futures Energies, soon to be operational, will be responsible for :

  • developing, building and managing the asset portfolio in green electricity generation,
  • handling operations and maintenance at the said facilities through its own subsidiaries,
  • strengthening, bringing together and creating synergies between the industrial skills in the Group to ensure its development in this field.

The creation of GDF Futures Energies represents a further step in Gaz de France's sustainable development policy, designed in response to today's global challenges. With this new subsidiary, the Group strengthens its commitment to the reduction of greenhouse gases, to the use of renewable sources of energy designed to combat global warming, and to security of power supply. GDF Futures Energies will base its growth principally on the development of wind power but it will also contribute actively to other forms of green electricity generation such as solar power, for example.

Group profile : Gaz de France Group is a major energy player in Europe. As the leading natural gas distributor in Europe, Gaz de France employs nearly 50,000 employees and earned €27 billion in sales in 2007. The Group holds a portfolio of some 14 million clients, approximately 11 million of which are in France. Gaz de France is listed on the Paris Stock Exchange and forms part of the CAC 40 and Dow Jones Stoxx 600 indices.

Press Contact :

Armelle Dillar
Tel : 33-1 47 54 30 17
Email : armelle.dillar@gazdefrance.com

Investor Relations Contact :

Brigitte Roeser-Herlin 
Tel : 33-1 47 54 77 25
Email : GDF-IR TEAM@gazdefrance.com

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