SUEZ Energy International closes financing for Barka 2 and Al-Rusail

Notes and media contacts

The Consortium had signed a Power and Water Purchase Agreement for the development, construction and operation of Barka Phase 2, a 678 MW and 120,000 m³/dag independent power and water project ("IWPP") to be located in the Sultanate of Oman, as well as for the acquisition of a 100% participation interest in Al-Rusail Power Company, a 665 MW power plant currently owned by the Government of Oman on 10th December 2007. The seawater desalination plant of Barka Phase 2 is based on reverse osmosis technology to be supplied by Degrémont, specialized in water treatment plants within SUEZ Environment.

SUEZ Energy International's activities and investments in the Gulf Region started in 1994 with the development of the first independent power producer ("IPP") in the Gulf Region, the Al Manah project in Oman. In Abu Dhabi, SUEZ Energy International is one of the three founding shareholders in Taweelah A1, one of the largest power and water desalination plants in operation in the world. In 2004 the Group won the public tender for both the Sohar IWPP in Oman and the Al Ezzel IPP in Bahrain. Also in Bahrain, SUEZ completed this year the acquisition of the Al Hidd IWPP. In December 2006 it signed the Barka2 Rusail contract in Oman and the Marafiq independent power and water project in Saudi Arabia.

For more information about SUEZ Energy International and SUEZ, visit:
www.suezenergyint.com

Contacts:
Guy Richelle
Regional Manager SUEZ Energy Asia Middle East Africa
Tel: +971 43314486

Arnaud Erbin
SUEZ Investor Relations
Tel: +33 1 4006 64 89

Katja Damman
SUEZ Energy International
External Communications
Tel: +32 2 510 7069