Sanef refinances 1.5 billion euros of its debt

Sanef acquires Webraska, an important strategic move for French highway and Telematics operator

Sanef wins 113 M Euro free flow toll contract for M50 around Dublin

Very strong growth in net profit for the 1st half of 2006 : +76.8% to 80.8 M'

Good 1st Quarter 2006 Revenue Growth of 5.6%

2005 results in line with objectives

2005 Revenue Growth: 9.1%

Purchase of 75% of Sanef's capital by a consortium led by abertis : the best shareholders for Sanef's strategic plan

Sanef Board of Directors Meeting of 4th November 2005 : approval of CNA agreement amendments

11.2% Revenue Growth in the 3rd Quarter 2005

Solid Improvement in Operating Results

8.5% revenue growth in the first half of 2005

First quarter 2005 revenues show sustained growth