Veolia Environnement Announces the Launch of a Tender Offer on Its Euros Notes Due February 2016, January 2017 and April 2019

Regulatory News:

Veolia Environnement (the "Company”) (Paris:VIE) announces today the launch of a tender offer (the "Tender Offer”) for an aggregate principal amount of €200,000,000 euros (subject to the discretion of the Company to increase or decrease such amount) on its following notes:

• €900,000,000 4.00 per cent. Notes due February 2016 (ISIN: FR0010261388) (of which €422,380,000 is currently outstanding) (the "2016 Notes”);
• €1,140,000,000 4.375 per cent. Notes due January 2017 (ISIN: FR0010397927) issued in two tranches (of which €616,449,000 is currently outstanding) (the "2017 Notes”);
• €750,000,000 6.75 per cent. Notes due April 2019 (ISIN: FR0010750489) (of which €750,000,000 is currently outstanding); (the "2019 Notes”, and together with the 2016 Notes and the 2017 Notes, the "Notes”).

The Notes are admitted to trading on Euronext Paris and the Tender Offer is limited to "Qualifying Holders”, as defined in the tender offer memorandum dated 12 November 2014 relating to the Tender Offer.

The distribution of any document or information in relation to the Tender Offer, the consummation of the Tender Offer or participation to the Tender Offer in certain jurisdictions may be subject to specific regulations or may be restricted by regulations or law. The Tender Offer is not being made to (nor will tenders of Notes be accepted from or on behalf of) holders of Notes in any jurisdiction in which the making or acceptance thereof would be subject to such restrictions.

This announcement is not for release, publication or distribution in the United States and no tenders from holders located or resident in the United States will be accepted. This announcement does not constitute an offer to buy, or any solicitation of an offer to sell Notes in the United States or any other jurisdiction in which such offer or solicitation would be unlawful.

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Veolia group is the global leader in optimized resource management. With over 187,000 employees* worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them. Veolia Water Technologies specializes in technological solutions and design and build projects for water and wastewater treatment, serving industrial and municipal clients.

In 2013, Veolia group supplied 94 million people with drinking water and 62 million people with wastewater service, produced 54 million megawatt hours of energy and converted 38 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE and NYSE: VE) recorded consolidated revenue of €23.4 billion* in 2013. www.veolia.com

(*) 2013 pro-forma unaudited figures, including Dalkia International (100%) and excluding Dalkia France. Excluding Transdev employees and revenue currently under divestment.