24.11.04

24.11.2004: Meldung: Veolia Environnement S.A.: Connex wins contract to operate suburban rail network in Los Angeles

Paris, 23 November 2004

Connex wins contract to operate suburban rail network in Los Angeles (United States)


The Southern California Regional Rail Authority (SCRRA) has awarded Connex North America, the Connex subsidiary in the United States, the contract to operate the rail network in suburban Los Angeles (United States).

This five-year operating contract starting July 1st 2005 will represent an overall turnover of 77 million euros for the duration of the contract.
The network is 830 km long, comprises 7 lines, 53 stations, carries 40 000 passengers per day and will employ a staff of 130.

Connex, the Transport division of Veolia Environnement, is already present in Boston, and consolidates its growth strategy in the American market by winning this new contract.
“We are most grateful for this vote of confidence awarded to us by the SCRRA. This contract represents a milestone for our subsidiary, Connex North America. It opens the doors of the California passenger rail market which is one of the most vibrant in the United States” declared Stéphane Richard, General Director of Connex.

Connex North America operates the commuter trains in Boston, which is the fifth largest rail network in the United States, as well as the urban and intercity bus networks in Washington DC, Los Angeles, and in the states of Connecticut, New Jersey, Texas, South Carolina and North Carolina.

Connex is the number one private surface passenger transport operator in Europe. Connex operates in 23 countries and employs 56,000 people. In 2003, Connex generated a turnover of ¤3.7 billion. The company operates 26,000 road and rail vehicles and carries more than 1.5 billion passengers per year.
Important Disclaimer
Veolia Environnement is a corporation listed on the NYSE and Euronext Paris. This press release contains “forward-looking statements” within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including the risks described in the documents Veolia Environnement has filed with the U.S. Securities and Exchange Commission. Veolia Environnement does not undertake, nor does it have, any obligation to provide updates or to revise any forward-looking statements. Investors and security holders may obtain a free copy of documents filed by Veolia Environnement with the U.S. Securities and Exchange Commission from Veolia Environnement.


Analyst and institutional investor contact: Nathalie Pinon +33 1 71 75 01 67

US Investor contact: Brian Sullivan +(1) 941 362 24 35
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