GDF SUEZ Continues its Growth in Brazil

PARIS, December 2 /PRNewswire-FirstCall/ — For the purposes of the
concession it received in 2001, GDF SUEZ has just completed construction of
the Sao Salvador hydro-electric plant along the Tocantins River between the
States of Tocantins and Goias in northern Brazil.

Sao Salvador is the Group’s 15th power plant in Brazil and it required a
EUR307 million investment. Production for the Sao Salvador Dam (148 MW) has
been sold by auction, for a total amount of EUR2 billion, over a period of 30
years starting in 2011.

“The construction of the Sao Salvador Dam is symbolic of our industrial
development in Brazil. For 10 years, GDF SUEZ has been pursuing a dynamic
growth strategy mainly focused on energies with low CO2 emissions. With
forecasted growth for the country’s electricity demand at over 5% annually
until 2015, the Group would like to continue profitable and sustainable
growth through new hydro-electric projects, acquisition of existing
production assets and development in alternative renewable resources such as
biomass,” said Gerard Mestrallet, Chairman and CEO of GDF SUEZ.

Furthermore, the Group has started building the Jirau hydro-electric
power plant, the country’s largest infrastructure project. In May 2008, a
consortium led by GDF SUEZ was rewarded a 35-year concession to build, own
and operate this 3,300 MW dam.

GDF SUEZ is currently the independent power producer in Brazil. In 2007,
the Group achieved a turnover of EUR1.2 billion and employs close to 1,700
people. Sponsor of the “Year of Brazil” in France in 2005, GDF SUEZ will also
be sponsor of the “Year of France” in Brazil in 2009. This is a great
opportunity to strengthen the special ties between the two countries.

One of the leading energy providers in the world, GDF SUEZ is active
across the entire energy value chain, in electricity and natural gas,
upstream to downstream. It develops its businesses (energy, energy services
and environment) around a responsible-growth model to take up the great
challenges: responding to energy needs, ensuring the security of supply,
fighting against climate change and maximizing the use of resources. GDF SUEZ
relies on diversified supply sources as well as flexible and high-performance
power generation in order to provide innovative energy solutions to
individuals, cities and businesses. The Group employs 196,500 people
worldwide and achieved revenues of EUR74,3 billion in 2007. GDF SUEZ is
listed on the Brussels, Luxembourg and Paris stock exchanges and is
represented in the main international indices: CAC 40, BEL 20, DJ Stoxx 50,
DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and ASPI
Eurozone.

SOURCE GDF-SUEZ