SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULES 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
December 17, 2002
VIVENDI ENVIRONNEMENT
(Exact name of registrant as specified in its charter)
36-38, avenue Kleber
75116 Paris, France
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes No X
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(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-_______________.
Vivendi Environnement logo Vivendi Water logo
PRESS RELEASE
VIVENDI ENVIRONNEMENT STRENGTHENS PRESENCE IN CHINA
WITH TWO NEW CONTRACTS
Total consolidated revenue from the contracts amounts to 700 million euros.
Paris, December 16th, 2002 - Vivendi Environnement's water division, Vivendi
Water, has signed two new contracts for outsourced management services in the
People's Republic of China, with the municipalities of Baoji and Zhuhai.
The 23-year contract signed with Baoji, a new town with a population of 500,000
located near Xian, calls for the refurbishment and extension of two drinking
water treatment plants and their operation for 23 years. Consolidated revenue
will amount to 300 million euros during the term. The investment will total 40
million euros and will be financed with the Beijing Capital Group, with which
Vivendi Water recently set up a partnership to realize some of its projects in
northern China. The work will be carried out by Vivendi Water Systems, the
design-build subsidiary of Vivendi Water.
The contract signed with Zhuhai, a coastal city and Special Economic Zone with a
population of 1.2 million located between Hong Kong and Macao, is Vivendi
Water's first for wastewater treatment in China. The contract covers two
wastewater treatment plants, an existing plant and one to be built, and their
operation for 30 years. Consolidated revenue will amount to 400 million euros
during the term.
The investment will be 26 million euros, financed in partnership with Hong Kong
investors. Vivendi Water Systems will design the new plant and supply the
equipment.
Vivendi Water will take majority control of both operating companies.
The signature of these two contracts comes in addition to the Pudong contract in
Shanghai signed in May 2002 and existing contracts in Chengdu, Tianjin,
Guangdong and Hong Kong. They strengthen Vivendi Environnement's growth
objectives in China.
Vivendi Water, a subsidiary of Vivendi Environnement, is the leading global
provider of water and wastewater services for municipal authorities, industrial
companies and consumers. The company provides the entire range of outsourcing
and design-build services, as well as equipment and systems. With operations in
more than 100 countries, Vivendi Water serves over 110 million consumers and
40,000 industrial customers worldwide. It has revenues of 13.6 billion euros for
2001 and 85,700 employees.
Important Disclaimer:
Vivendi Environnement is a corporation listed on the NYSE and Euronext Paris.
This [document/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
Vivendi Environnement has filed with the U.S. Securities and Exchange
Commission. Vivendi 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
Vivendi Environnement with the U.S. Securities and Exchange Commission from
Vivendi Environnement.
Press contacts:
Vivendi Water Image 7 pour Vivendi Environnement
Adeline Brice Monique Denoix
Tel: + 33 (0)1 49 24 30 49 Tel: + 33 (0)1 53 70 74 57
Fax: + 33 (0)1 49 24 34 61 Fax: + 33 (0)1 53 70 74 80
e-mail: adeline.brice@generale-des-eaux.net e-mail: mdenoix@image7.fr
VIVENDI ENVIRONNEMENT VIVENDI WATER
Societe Anonyme a Directoire et Conseil de Surveillance Societe anonyme au capital de 4.016.194.988,40 Euros
au capital de 4.673.361.892,50 Euros Siege social : 52, rue d'Anjou - 75008 Paris
Siege social : 36/38, avenue Kleber - 421 345 042 R.C.S. Paris
75016 PARIS 403 210 032 RCS PARIS
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Dated: December 17, 2002
VIVENDI ENVIRONNEMENT
By: /s/ Jerome Contamine
--------------------------------
Name: Jerome Contamine
Title: Chief Financial Officer