Gaz de France enters exclusive negotiations for the sale of Cofathec Coriance

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Paris, March 27, 2008 – Gaz de France has entered into exclusive negotiations with the A2A Company for the sale of the Cofathec Coriance Group.

Cofathec Coriance is a company that specializes in the management of heating networks in France. Within the framework of the local delegation of public services, it runs in France a total of 23 heating networks, with a length of 125km, as at end of 2007. As such, it serves more than 100,000 housing units and operates 14 cogeneration power stations, providing a total capacity of 80 MWe.

In 2007, it posted net sales of 63 million euros for the activities of Cofathec Coriance on sale totalling a production of 670 million kWh of heat and 250 million kWh of electricity.

The A2A Group, a company created from the merger between AEM Milan and ASM Brescia in 2007, is the No.1 Italian operator in the urban heating sector, where it operates 24 networks providing production of heat for 1.5 TWh. It is also one of the top-ranking companies in Italy for the production and distribution of electricity.

This transaction is scheduled to be completed by end of April. It will allow Gaz de France to fulfil one of the commitments made to the European Commission within the framework of plans to merge Gaz de France and Suez.

Group Gaz de France profile:
The 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 Contacts:
Christel des Royeries
Tel.: +33 1 47 54 21 27
Email: christel.des-royeries@gazdefrance.com 

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