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The contract is worth approximately one billion pounds (revenue from County Council, including third party waste and sale of electricity) over the lifetime of the contract and follows the company's appointment as preferred bidder on May 21, 2010.

The contract is based on an Energy Recovery Facility (ERF) located on the Four Ashes Industrial Estate which will handle residual waste from Staffordshire as well as assisting Sandwell, Walsall and Warwickshire.

Designed to handle 300,000 tonnes per annum of residual waste, the ERF will export in excess of 23MW to the National Grid - sufficient to power 32,000 homes. The site will contribute substantially to the local economy both during the construction process and beyond by creating forty long-term jobs.

Veolia is already undertaking pre-planning work on revised proposals for the permitted ERF at Four Ashes which will reduce the building's overall footprint, size and height. A new planning application will be submitted in early August with a view to the building being completed by the end of 2013.

Veolia Environnement is a corporation listed on the NYSE and Euronext Paris. This press release contains "forward-looking statements" within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, including the risks described in the documents Veolia Environnement has filed with the U.S. Securities and Exchange Commission. Veolia Environnement does not undertake, nor does it have, any obligation to provide updates or to revise any forward-looking statements. Investors and security holders may obtain a free copy of documents filed by Veolia Environnement with the U.S. Securities and Exchange Commission from Veolia Environnement.