First Quarter Sales Report

Compagnie de Saint-Gobain
25 April 2002


                      FIRST-QUARTER 2002 SALES UP 0.4%


Net consolidated sales of the Saint-Gobain Group for the first quarter of 2002
were up 0.4% year-on-year, to EUR 7,296 million, from EUR 7,268 million for the
same period of 2001.

Based on a comparable structure, Group sales dipped 1.0% in euros and 2.1% in 
local currencies; sales volumes declined by 3.1%, while prices remained firm, 
rising by 1%.

This level of sales, which is measured against a particularly high basis of 
comparison in first-quarter 2001, is attributable to the sharp drop in sales 
volumes in High-Performance Materials since April 2001. Sales in Glass and 
Housing Products have remained practically stable year-on-year, on a like-for-
like  basis.

Within the Housing Products Sector, the Pipe Division's distribution operations 
have been transferred, as from January 1, 2002, to the Building Materials 
Distribution Division, in order to set up a European organization for sales of 
materials in civil engineering markets.

Taking into account this transfer, sales trends by business sector, division and 
geographic area are as follows:



                                         Q1 2002     Q1 2001     Change     Change     Change
                                         sales       sales       based on   based on   Based on
                                        (in        (in millions  actual     comparable comparable    
                                         millions   of euros     structure  structure  structure and
                                         of euros)                          in euros   exchange
                                                                                       rates (like-                     
                                                                                         for like)
SECTORS & DIVISIONS                         
GLASS (1)                                   2,916     2,870        1.6%       0.5%        -0.5%
Flat Glass                                  1,100     1,107       -0.6%      -1.8%        -1.6%
Insulation & Reinforcements                   820       815        0.6%      -1.3%        -3.4%
Containers                                  1,000       951        5.2%       4.9%         3.3%
HIGH-PERFORMANCE MATERIALS (1)                955     1,069      -10.7%     -12.6%       -14.4%
Ceramics & Plastics and Abrasives             955     1,069      -10.7%     -12.6%       -14.4%
HOUSING PRODUCTS (1)                        3,500     3,389        3.3%       1.7%         0.8%
Building Materials                            754       715        5.5%       5.5%         3.6%
Building Materials Distribution
 before transfer                          2,366**     2,283        3.6%       2.2%         1.4%
Building Materials Distribution 
 after transfer                             2,450    2,388*        2.6%       1.2%         0.4%
Pipe before transfer                        437**      442        -1.1%      -1.1%        -1.2%
Pipe after transfer                           359      358*        0.3%       0.2%         0.5%
INTERNAL SALES                               (74)      (60)              
GROUP                                       7,296     7,268        0.4%      -1.0%        -2.1%

GEOGRAPHIC AREAS                         
France                                       2271      2271        0.0%      -0.4%        -0.4%
Other European Countries                     2997      3016       -0.6%      -3.6%        -4.7%
North America                                1759      1708        3.0%       3.6%        -1.6%
Rest of the world                             561       566       -0-9%      -3.0%         3.9%
INTERNAL SALES                               -292      -293               
GROUP                                        7296      7268       0.4 %      -1.0%        -2.1%

*   Pro forma 2001, after transfer of pipe distribution operations from the 
Pipe Division to the Building Materials Distribution Division (sales amounting 
to EUR 105 million before eliminations, and EUR 84 million after). 
**  Pro forma 2002, before transfer of pipe distribution operations from the 
Pipe Division to the Building Materials Distribution Division (sales amounting 
to EUR 84 million before eliminations, and EUR 78 million after). 

(1) including inter-division eliminations

Divisions linked to the building industry and to consumer spending in the United
States enjoyed satisfactory growth. For other businesses, particularly in 
High-Performance Materials, sales volumes have contracted significantly in 
relation to first-quarter 2001, which represents a high basis of comparison. 
Selling prices continued to improve in most divisions, particularly in Europe.

The Glass Sector recorded mixed results. The Flat Glass Division, after turning 
in an excellent 2001, felt the effects of the downturn in the European 
construction market, with some price erosion. The Insulation Division's sales 
dipped slightly, mainly due to another fall in the German construction market,
as well as pricing pressures.

Low activity in industrial markets continued to weigh on the Reinforcements 
Division's performance, but its sales picked up significantly in relation to 
fourth-quarter 2001. The Containers Division remained on the upward trend it had 
experienced in 2001, drawing upon sustained demand and further price increases, 
in both Europe and the United States.

The High-Performance Materials Sector recorded a sharp drop in sales compared to 
an especially buoyant first quarter of 2001, as a result of the gradual 
contraction in output and capital spending in several industries, notably 
electronics, since April 2001. However, this business has stabilized since the 
fourth quarter of 2001.

The Housing Products Sector is growing, across all of its segments. The Building 
Materials Distribution Division, which now includes pipe materials distribution 
operations (representing sales of EUR 84 million in first-quarter 2002, versus 
EUR 105 million in first-quarter 2001), continued its development through both 
organic growth and acquisitions. The Pipe Division, now refocused on its 
industrial operations, has stabilized its sales performance. Building Materials 
was boosted by vigorous activity in the United States, and recorded the 
strongest growth of all Group divisions, on a like-for-like basis.

Outlook: For the full year 2002, the Saint-Gobain Group confirms its objective 
of 0 to 4% growth in net income excluding capital gains. This objective is based 
on a scenario of recovery in the US manufacturing sector in the second half of 
2002.

April 25, 2002

Next results announcement:

- Estimated results for first-half 2002: July 25 2002, after the closing of the 
stock market.

Investor Relations Department
Tel. : Florence TRIOU-TEIXEIRA 
[phone] - mailto : [e-mail] 
Tel. : Claire MOSES            
[phone] - mailto : [e-mail]
Fax  [phone]


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