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Statement By CEO of Veolia Environmental Services North America Corp.

Richard Burke, President and CEO for Veolia Environmental Services North America Corp. (VESNA), today released the following statement regarding the misstatement reported by the news media regarding the sale of the US Solid Waste business.

“The information shared by our Chairman Antoine Frerot during today's annual shareholder meeting was only confirming the communications we released previously regarding Veolia's solid waste asset divestment program in the United States. Specifically, as part of the process being run by our investment bankers, Veolia has received several non-binding offers for its Solid Waste business in the United States. The process is ongoing with plans to select a buyer by Summer 2012.”



Copyright Business Wire 2010

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