Developments in the HPM Sector in H1-2005

Operating working capital (in Єm and number of days) 5,360 In €m □ Number of days 65 d 5,625 5,336 60 d 60 d * French GAAP ** IFRS 06/30/03* 06/30/04* 06/30/05** Continuing tight rein on working capital mmmm SAINT-GOBAIN

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