SECHE ENVIRONNEMENT (EPA:SCHP) New significant contract with local authorities in soil remediation markets

Transparency directive : regulatory news

24/11/2010 17:45

Press release

Changé, November 24, 2010

                New significant contract with local authorities
                            in soil remediation markets

                   Séché Environnement wins a EUR 21m contract
                 for the rehabilitation of La Gabarre (Guadalupe)

Séché Environnement has been attributed the contract for the remediation of La
Gabarre, in Guadalupe.

Under this important contract (EUR 21m), Séché Environnement will be in charge
of rehabilitating the Pointe-à-Pitre community's household waste landfill,
from 2011 to 2013.

This rehabilitation will be exemplary in environmental terms with reference to
the prefectorial decree  fixing the conditions for the end of its exploitation
and the main objectives of its remediation.

This new major success in soil remediation markets illustrates the pertinence
of Séché's rehabilitation offers among local authorities, in a favorable
environmental regulatory framework that enhances commercial opportunities for
the Group.

Next Event:

          Release of consolidated revenue as at December 31, 2010:
                       January 27, 2011 (after market)

About Séché Environnement

Séché Environnement is one of the leading players in the treatment and storage
of all types of non-radioactive industrial and household waste in France. Its
facilities enable it to offer high-quality global solutions that incorporate
all environmental requirements.

It is the leading independent operator in the country with a unique positioning
at the hub of the high value-added waste recovery, treatment and storage
markets.

The Group offers integrated specialised services:

    > treatment (by incineration, physical-chemical treatment and solvent
        regeneration) and processing for energy recovery of hazardous and
        non-hazardous industrial waste (HIW and NHIW);
    > storage of final residue comprised of hazardous or non-hazardous
        industrial waste (HIW and NHIW). In April 2007, Séché Environnement
        acquired a 33% stake in Saur Group, the No. 3 player in the Water
        and Environmental Services sector in France.

Séché Environnement has been quoted on Eurolist by Euronext since
November 27, 1997.
Eurolist - Compartment B - ISIN: FR 0000039139 - Bloomberg: SCHP.FP
- Reuters: CCHE.PA)

Contacts

Séché Environnement
Manuel Andersen
Head of Investor Relations
+33 (0)1 53 21 53 60
m.andersen@groupe-seche.com

                               Important notice

This press release may contain information of a provisional nature. This
information represents either trends or targets at the date of the press
release's publication and may not be considered as results forecasts or as any
other type of performance indicators. This information is by nature subject to
risks and uncertainties which are difficult to foresee and are usually beyond
the Company's control, which may imply that expected results and developments
differ significantly from announced trends and targets. These risks also
include those described in the Company's Registration Document, available from
its website (www.groupe-seche.com). This information therefore does not reflect
the Company's future performances, which may vary significantly, and no
guarantees may be given as to the achievement of any forward-looking
information. The Company makes no commitment on the  updating of this
information. Morecomprehensive information on the Company can be obtained
on its website (www.groupe-seche.com), in the Regulated Information section.
This press release constitutes neither an offer of securities nor a
solicitation for the purpose of making an offer of securities in any country,
including the United States. Distribution of this press release may be
subject to the laws and regulations in force in France or abroad. Persons in
possession of this press release must be aware of these restrictions and
observe them.

                     Press release of November 24, 2010

Head office: Les Hêtres BP 20 53811 Changé Cedex

source : webdisclosure.com

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