If I had $610 Million to spare... I don't think I'd bother buying a company. That could last me just fine.

PRESS RELEASE


Veolia Environnement announces sale of Culligan for $610 million

North American disposal program announced in September 2003
completed totaling $1.9 billion


Paris, July 22nd, 2004
Veolia Environnement (Euronext: VIE and NYSE: VE), announces today it has entered into a definitive agreement for the sale of its Culligan business to private equity firm Clayton Dubilier & Rice, for total consideration of $610 million in cash. The transaction, which is expected to be completed in the fourth quarter of 2004, is subject only to applicable regulatory approvals and other customary closing conditions.

The sale represents the final step in the implementation of the strategic refocusing of Veolia Environnement’s water operations in North America, which was originally announced in September 2003. The disposal of Culligan (following the sale of Everpure in late 2003 to Pentair, the sale of farmlands held by USFilter in California in the first half of 2004, and the sale USFilter’s systems and services businesses to Siemens announced in the first half of 2004) reflects Veolia Environnement’s strategy to focus its development on outsourcing services and long-term contracts for both municipalities and industrial companies. The total proceeds generated from these sales, including $215 million for the disposal of Everpure that was completed in 2003, amount to approximately $1.9 billion.

Veolia Environnement will remain an important player in environmental services in North America. It currently anticipates that it may generate 2004 revenue in North America of approximately $2.5 billion after those disposals, including approximately $1.4 billion in Waste Management, $0.7 billion in Water and $0.4 billion in Transportation.

Veolia Environnement (Paris Euronext: VIE et NYSE: VE), is the leading provider of environmental services to municipalities and industrial companies worldwide. The company has global operations in four core business areas: Water, Waste, Energy Services and Transportation. In 2003, Veolia Environnement generated consolidated revenue of 28.6 billion euros ($36.1 billion). Visit the company's web site at www.veoliaenvironnement-finance.com.

Important Disclaimer. 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. These factors and uncertainties include in particular risks related to the ability of Veolia Environnement to complete its divestiture transactions as a result of customary conditions precedent and closing adjustments, as well as 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.

Analyst and institutional investor contact: Nathalie Pinon +33 1 71 75 01 67

US Investor contact: Brian Sullivan +(1) 941 362 24 35

US Press contact: Jim Force +(1) 715 355 3515

Press release also available on our web site: http//veoliaenvironnement-finance.com

Canada Post nips dog treats

Euro Disney rescue moves a step nearer



plokta /plok't*/ /v./ [acronym: Press Lots Of Keys To Abort] To press random keys in an attempt to get some response from the system. One might plokta when the abort procedure for a program is not known, or when trying to figure out if the system is just sluggish or really hung. Plokta can also be used while trying to figure out any unknown key sequence for a particular operation. Someone going into `plokta mode' usually places both hands flat on the keyboard and mashes them down, hoping for some useful response.

-- The Jargon Lexicon

Par says: chloe? EH? says: No clue EH? says: challenge her to an internet sh!t fight EH? says: ALL CAPS LOCK!!!

I thought Euro Disney was all gone. you know... complete waste of money, bankruptcy, pulling out... that sort of thing. And I thought the only place (other than the US) that you could experience the wonders of Disney in themepark form was, um, Hong Kong. But those Six Flags? they're everywhere. Have any of you seen the ads they're doing now, with the super limber, energetic old man? I still can't figure out if it's a mask, or really an old man. Anyone have anything to say to weigh in on that? I'm just not sure yet.

Oh, and there was a news special yesterday on the new attraction at Klondike Days this year: the bathrooms. Something's up if you ask me... the bathrooms can't be the most exciting part.

oh, but Sam Roberts is playing... and some other pretty awesome bands if I remember correctly. might have to pay the $6 admission to go see him...

For all interested:
Napoleon Dynamite
7:15pm tonight (Thursday)

I'm told it's nothing but non-stop comedy, so be there, or be un-awesome!

to mk ash

we are your no.1 fans hope we can visit you soon you both totally rock dude i am going away to disney land in paris soon miss your program of you and mk


from your no.1 fans

well at least its the horse for fucking and not the one for riding, that might be more of a problem

Sorry Jere... it's not your fault, it's mine. But you adding that 'served' part before I could get to explaining myself didn't help my situation. hahahahaha Damn you Jere! hahaha