Colas — M&A Activity 2010

Jul 2, 2010

Boulogne, July 2, 2010

PRESS RELEASE

Colas acquires SRD (Société de la Raffinerie de Dunkerque)

Colas has acquired 100% of the share capital in the Société de la Raffinerie de Dunkerque (SRD) from ExxonMobil France Holding SAS and Total Lubrifiants. The company, which boasts a workforce of over 250 people, runs a specialty refinery unit (bitumen, base oil, paraffin), producing some 300,000 tons of bitumen each year, i.e., nearly 25% of Colas' bitumen consumption in France.

The acquisition comes with additional contracts which stipulate that SRD will be provided technical assistance from ExxonMobil for a three-year period, that SRD will benefit from a processing contract with Total that will cover 40% of production until the end of 2012 and that Colas will have Total's support in supplying SRD. The Site Director and the Technical Director, currently ExxonMobil employees, will join Colas following a short transition period and will remain in their current positions. These agreements will help ensure continuity of production on the site.

This project is perfectly in line with Colas' strategy to ensure industrial integration and to secure part of its bitumen supply for France.

The Colas Group (www.colas.com)

The Colas Group is a leader in the construction and maintenance of infrastructure for transport, urban development and recreational facilities. With 71,300 employees throughout 1,400 profit centers in 40 countries on five continents, the Group carries out more than 100,000 projects each year, backed by a tight international network of quarries, emulsion plants and asphalt plants.

In 2009, Colas posted 11.6 billion euros of consolidated revenue (42% outside of France). The Group share of net profit amounted to 387 million euros.