Acquisition

Compagnie de Saint-Gobain 23 December 2004 press release SAINT-GOBAIN ACQUIRES THE LEADING SWISS BATHROOMS DISTRIBUTOR AND STRENGTHENS ITS EUROPEAN LEADERSHIP ON THIS MARKET Saint-Gobain's Building Distribution Division has announced the acquisition of the Swiss company Sanitas Troesch, the leading distributor of bathrooms for professional trade customers and number two distributor of kitchens in Switzerland. Formed from the 1991 merger of two family-run companies Sanitas and Troesch, respectively founded in 1911 and 1912, the group has achieved high levels of profitable growth over the last ten years, fueled by both organic and external expansion. Sales for Sanitas Troesch in 2004 are expected to come in at CHF 474 million (€308 million), up 6.7 % on 2003. The group currently employs over 720 people in 26 branches located across Switzerland. This acquisition, which will have a positive impact on the net income of the Saint-Gobain Group (after interest costs and tax) from as early as 2005, is a further step in the drive to develop the Building Distribution Division's specialized business lines. As well as strengthening the Division's leadership on the European bathroom market, the acquisition will provide the Group with a solid base on which to develop its various other businesses in Switzerland. The completion of the transaction is subject to the approval of the relevant competition authorities. Sales for Saint-Gobain's Building Distribution Division in 2004 are estimated at €13.6 billion. The Division currently has more than 58,000 employees and a network of over 3,300 sales outlets located in 19 countries. Saint Gobain is the leading distributor of building materials in Europe and its main brands are Point.P, Jewson's, Raab Karcher, Dahl, Lapeyre, and La Plateforme du Batiment. In bathroom distribution, its main specialized brands are Cedeo in France, Lapeyre, Graham's in the UK and Dahl in Scandinavia. December 23, 2004 Investor Relations Department Mme. Florence TRIOU-TEIXEIRA Tel. : +33 1 47 62 45 19 M. Alexandre ETUY Tel. : +33 1 47 62 37 15 Fax : +33 1 47 62 50 62 This information is provided by RNS The company news service from the London Stock Exchange
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