Albioma

Management Reports • Jan 5, 2010

Impact on 2009 accounts of technical incidents and social unrest that occurred in the second half of the year

During the last part of 2009, production at several power plants was disrupted by technical incidents or social unrest. To date, the effects of these disruptions on the second half of 2009 are described below:

• Technical incidents: At CTBR-1, both units were shut down from 30 August to 28 September after a fire broke out in an electrical room, as mentioned in the press release issued on 1st october. Subsequently, CTG in La Réunion, CTM in La Guadeloupe and CCG in La Martinique power stations were also affected by minor incidents, resulting in downtime and lost production.

In response to these incidents, the Group decided to implement an adapted program of operating investments and preventive maintenance, to strengthen technical staff and to launch a QHSE approach covering all power stations.

• Besides, social unrest were responsible for disruption in production during the fourth quarter, primarily in CTM power plant in La Guadeloupe, which was shut down from 2 to 11 December, then again from the end of the year.

Social unrest also took place at the CTBR and CTG plants in La Reunion. Production at CTG was disrupted from 2 to 5 December.

An in-depth effort to reshape social relationship within the Group has been engaged. A Head of Human Resources has been appointed at the end of the year, working closely with regional managers.

To date, without making any assumptions about developments in La Guadeloupe, where negotiations to resume work are still underway, these production stoppages coupled with labour-related measures will produce an estimated impact of around €9 million on EBITDA (operating income before depreciation, amortisation and provisions) and around €7 million on net income in 2009.

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Next financial release: 2009 sales, 11 February 2010 (after trading hours)

About Séchilienne-Sidec – ISIN: FR0000060402 – SECH - www.sechilienne-sidec.com

Founded 25 years ago, Séchilienne-Sidec is an independent energy producer specialised in electricity generation in medium size coal/biomass, photovoltaic, and wind power plants. Due to its technical expertise, its project management experience and the quality of its teams of engineers, the Group manages all stages of a power plant's life cycle: design, finance, construction and operation, all over the world and more specifically in complex environments.

Contacts : Séchilienne-Sidec +33 (0)1 41 16 82 00 Oratorio (Press Relations / Analysts / Investors): +33(0)1 44 94 96 30 Jean-François Carminati - jfcarminati@oratorio-group.com – +33(0)6 63 87 57 60 Arnaud Salla - asalla@oratorio-group.com – +33(0)6 16 17 52 26