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GDF SUEZ's activities in 2008

In 2008, the Group has expanded and consolidated major positions, particularly in electricity generation (United States, Brazil, Singapore, the Middle East,Germany, Italy) and in upstream natural gas activities (Nam acquisition in the Netherlands, exploration/production licenses in Libya and in Azerbaijan).

GDF SUEZ also concluded agreements, with effect expected in 2009, with ENI (May 2008) and E.ON (December 2008), which will significantly strengthened its presence in Italy and Germany. With these transactions, GDF SUEZ has complied with European Commission requirements and commitments to the government of Belgium in connection with Pax Electrica II. The Group has also reaffirmed its ambition to participate in the global revival of nuclear energy. In France, it will participate as associate partner in the country's second EPR project (Penly). In addition, the Group has recently signed partnership agreements with Iberdrola and SSE in connection with the land auctions being organized by the U.K.'s Nuclear Decommissioning Authority to prepare for the construction of new nuclear power plants.