Developments in the HPM Sector in H1-2005

Saint-Gobain: Key H1 figures (Єm) H1-2004 TH1-2005 % Change Net sales 15,768 16,877 +7.0% Operating income 1,312 1,372 +4.6% Non-operating costs * (133) (108) -18.8% Other business income and expenses (31) 4 n.m. Business income * 1,148 1,268 +10.5% Interest and other financial charges, net (261) (266) +1.9% Income taxes (316) (359) +13.6% Minority interests (19) (16) -15.8% Net income * 555 632 +13.9% Net income, excl. capital gains * 579 642 +10.9% Cash flow, excl. taxes on capital gains * 1,252 1,360 +8.6% Capital expenditure Net debt *Including pre-tax asbestos-related charge of €54m in H1-05 (€50m in H1-04) 554 598 +7.9% 7,431 7,463 +0.4% mmmm SAINT-GOBAIN

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