GDF Suez SA Issues FY 2012 Financial Objectives; Comments on FY 2015 Objectives

GDF Suez SA announced that its FY 2012 financial objectives assuming average weather and stable regulation are the following : net recurring income group share between EUR 3.5 and EUR 4.0 billion, gross capex around EUR 11 billion, ordinary dividend equal or superior to 2011 and net debt/EBITDA ratio less than or equal to 2.5x and “A” category rating. The Company also announced that by 2015, GDF SUEZ expects a net recurring income group share 10 around EUR 5 billion, with average weather and stable regulation, with gross capex between EUR 9 and 11 billion per year 11, a strong financial structure (net debt/EBITDA ratio less than or equal to 2.5x and “A” category rating) allowing a stable or growing dividend over 2013-2015.