Successful launch of a five and a half year, €1 billion bond offering

The transaction underlines bond investors' confidence in the credit quality of Saint-Gobain, whose last issuance on the Euro bond market took place in September 2008.

Saint-Gobain's long-term senior debt is rated BBB+ by Standard & Poor's and Baa1 by Moody's.

BNP Paribas, CALYON Crédit Agricole CIB, J.P.Morgan and Société Générale Corporate & Investment Banking acted as lead managers for this bond issue, with BBVA, Banco Santander, Citi and Commerzbank Corporate and Markets acting as co-lead managers.