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          公司新闻

          23/01/1995

          Press Information

          Boulogne, January 23, 1995 - Schneider SA denies press rumors according to which the Swedish Group Skanska AB is about to take a major stake in its subsidiary Spie Batignolles SA.

          A financial restructuring of Spie Batignolles SA must occur before it can possibly progress in potential discussions with french or foreign partners for such or such of its operating activities.

          The need for such a restructuring stems from the difficult financial condition of Spie Batignolles SA at the end of 1994, following the losses recorded since 1991, the very poor real-estate environment during 1994 and the continuing difficulties in the recovery of certain claims against foreign customers.

          Press Contact:
          Schneider Electric
          Véronique Moine
          Tel. +33 (0)1 41 29 70 76
          Fax +33 (0)1 41 29 71 95
          Veronique.moine@schneider-electric.com