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Schneider Electric SE M&A Activity 2012

Sep 17, 2012

1651_iss_2012-09-17_a47f6475-faeb-4d78-a295-3861c8b20c7c.pdf

M&A Activity

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Regulatory information

Schneider Electric and Alstom to launch mandatory offers for their respective entities in India, Schneider Electric Infrastructure Ltd. and Alstom T&D India Ltd.

Rueil-Malmaison (France), September 17, 2012 – Following the acquisition of Areva T&D India Ltd. in 2010, via the acquisition of Areva T&D, by Alstom and Schneider Electric in consortium, the transmission and distribution activities have been carved out into two entities Alstom T&D India Ltd. and Schneider Electric Infrastructure Ltd.

The last step of the segregation of the activities triggers a change from a joint to a sole control of each entity by either Alstom or Schneider Electric.

Therefore, in accordance with the Indian Takeover Regulations, Alstom and Schneider Electric have today announced respectively a mandatory tender offer to acquire up to 26% of the fully diluted voting equity share capital of Alstom T&D India Limited for Alstom and up to 26% of the fully diluted voting equity share capital of Schneider Electric Infrastructure Limited for Schneider Electric.

Both Alstom T&D India and Schneider Electric Infrastructure Ltd are listed on the Bombay Stock Exchange, the National Stock Exchange of India and the Calcutta Stock Exchange.

About Schneider Electric

As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructures, Industries & Machine manufacturers, Non-residential buildings, Data centers & Networks, and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 130,000 plus employees achieved sales of 22.4 billion euros in 2011, through an active commitment to help individuals and organizations make the most of their energy. www.schneider-electric.com/company

This announcement is not an offer to purchase or the solicitation of an offer to sell shares of either Alstom T&D India Limited or Schneider Electric Infrastructure Ltd. Any offers to purchase or solicitation of offers to sell will be made only pursuant to a formal offer. Shareholders are strongly advised to read the terms of the offer carefully when they are available because they will contain important information. Neither the offer to purchase will be made to, nor will tenders pursuant to the offer to purchase be accepted from or on behalf of, holders of shares in any jurisdiction in which making or accepting the offer to purchase would violate that jurisdiction's laws.

Investor Relations : Schneider Electric Carina Ho

Phone : +33 (0) 1 41 29 83 29 Fax : +33 (0) 1 41 29 71 42 www.schneider-electric.com ISIN : FR0000121972

Press Contact : Schneider Electric Véronique Roquet Montegon

Phone : +33 (0)1 41 29 70 76 Fax : +33 (0)1 41 29 88 14

Press Contact : DGM Michel Calzaroni Olivier Labesse Phone : +33 (0)1 40 70 11 89 Fax : +33 (0)1 40 70 90 46