GENERAL PRESENTATIONMAY 2009 SLIDE 1

Sidem Company Profile

May 2009

World Leader in World Leader in DesalinationDesalination TechnologyTechnology

Sidem

20-22 rue de Clichy

Paris, France

www.sidem-desalination.com

GENERAL PRESENTATIONMAY 2009 SLIDE 2

Contents

PART 1 –

COMPANY PROFILE

Sidem within the Veolia Environnement

Group

Overview of Activities

Main Sites, Resources

and Organisation

Reference List and Main Benchmarks

Worldwide Capacity

installed

Desalination Plants Geographic

Location

Evolution of Units Capacity

Market Outlook

PART 2 –

TECHNICAL PART

Multiple-Effects Distillation

Technology

Basics on the MED Process (standard MED

units)

Enhancing the Production by Thermal Compression

of Vapour (MED-TVC

units)

Desalination Process without available steam by Mechanical Vapour Compression

(MED-MVC

Units)

Advantages of MED vs. MSF (Multiple Stage Flash) &

Reverse Osmosis (RO) Technologies

Optimisation of the Power-Water Complex: MED / RO

Hybrid Plants

Research & Development

Thermocompressors

Control of Bundles Wetting

Materials

Selection

PART 3 –

REFERENCES

Selection of Current Projects

Other Projects of Reference

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GENERAL PRESENTATIONMAY 2009 SLIDE 4

• World Leader in Water Treatment

• 8,900 employees in over 55 countries and 130 subsidiaries

• Global Revenue in 2007: €2.5 billion

• World’s Leading Water Services Company• 93,000 employees worldwide• Global Revenue in 2007: €12.6 billion• 139 million people supplied every day

• World Leader in Thermal Desalination

• 575 employees in France, the Caribbean, Libya and the GCC Countries

• Global Revenue in 2008: €652 million

Sidem within

Veolia Environnement

• World’s Leading Environmental Services Company

• 336,000 employees

worldwide

• Global Revenue in 2008: €36.2 billion

GENERAL PRESENTATIONMAY 2009 SLIDE 5

Overview

of Activities

Within VWS, the expertise in thermal desalination is from Sidem

and its subsidiary Entropie

Main Activities are Design & Build

of:

Desalination Plants for Industrial Needs

Large Desalination Plants for Municipal Needs

Provision of Spare parts and Maintenance of Desalination Plants

Operation

of Desalination Plants in the Caribbean thru Subsidiary UCDEM

Permanent Design and Implementation of Innovative Solutions

allowing Sidem to sustain high demand in

ever larger and more economical units

GENERAL PRESENTATIONMAY 2009 SLIDE 6

Company

Milestones

From beginning of 20th c. until 1970: First desalination plants by Société de Condensation et d’Applications Mécaniques (SCAM) and Compagnie Electro-Mecanique (CEM)

1971:

Sidem is

incorporated

following CEM’s decision to separate desalination activities from their core activities

1970-1990: Sidem supplies ever larger units, recognised as World Leader on the MSF

market (Al Khobar Ph. II, Saudi Arabia, 1979: 267,000 m3/day)

1990-to date: Sidem focuses R&D on MED technology, recognised as the World Leader on MED

since

2000

1998: Vivendi Water (now Veolia Water) acquires Sidem

2005: Acquisition of Entropie

2007: Signature of Contract for Marafiq in Saudi Arabia, the World’s largest MED Project with a capacity in excess of 800,000 m3/day

GENERAL PRESENTATIONMAY 2009 SLIDE 7

Personnel & Locations

UCDEMSt Martin (20)‏

Paris HQs:SIDEM (177)‏

ENTROPIE (55)‏

SIDEMTripoli (30) ‏

SIDEMAbu Dhabi (111)‏

SIDEMSaudi‏(182)

Note: Sidem doesn’t own any Fabrication Facilities. All hardware are subcontracted

84%

16%

Permanent staffTemporary staff

GENERAL PRESENTATIONMAY 2009 SLIDE 8

Turnover, Contracts

Acquisition & Backlog

€652

€255

€355

2006 2007 2008

Turnover

€312

€1 057

€526

2006 2007 2008

Contracts Acquisitionmillion Euros million Euros

€755

€1 035

€413

2006 2007 2008

Backlogmillion Euros

GENERAL PRESENTATIONMAY 2009 SLIDE 9

Chairman of the Board

Jean-Michel Herrewyn

Managing Director

Vincent Baujat

Chief Financial Officer

Franck Gilbert

Quality

Gwenael Jeuland

General Secretary

Anne Looten

Deputy Managing Director

Gérard Canton

Commercial

Gérard Canton / Olivier Clausin

Operations

Vincent Caillaud

Tendering Department

Process

Planning

Project Managers

Site Managers

M. Ben Abdeladhim

Design

Jean-Hervé Diab

Procurement

Eric Karmalecki

Structural

Piping

Civil

Calculation Notes

Drawing Office

E & I

Mechanical

Bulk & Packages

Spare Parts

Construction

Transportation & Expediting

Human Resources

Contracts

Insurances

IT

Branch Offices

Lybia/Sharjah/Abu Dhabi/Quatar

Subsidiaries

Sidem Saudi Ltd./UCDEM

Organisation

GENERAL PRESENTATIONMAY 2009 SLIDE 10

Sidem Worldwide Capacity Installed

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

1963 1968 1973 1978 1983 1988 1993 1998 2004

x 1

,00

0 m

3/d

MSF MED

Technology Switch from MSF to MED

23%

77%