Results for the semester ended 30 June 2012 Financial analysts’ meeting, 29 August 2012

I.

FIRST SEMESTER 2012 HIGHLIGHTS

Pierre Berger – Chief Executive Officer

II.

RESULTS BY BUSINESS SEGMENT AND FINANCIAL RESULTS

Christian Cassayre – Chief Financial Officer

APPENDICES

Kickoff at the Grand Stadium of Lille

Highlights - Kickoff at the Grand Stadium of Lille (football setting)

- 50,000 spectators on August 17 for the inaugural LILLE-NANCY game - 2nd edition of the Eiffage Millau Viaduc race

- 14,000 runners on May 13 - Refinancing of motorways APRR/AREA (February 2012)

- €3,500m - Opening to the public of PPP hospitals

- January: Evry-Corbeil, June: Saint-Nazaire, July: Annemasse - New contracts (education sector)

- 8 schools in Seine-Saint-Denis, Green-Er University in Grenoble - HSR Bretagne-Pays de la Loire

- Works kickoff : July 2012 - All authorisations obtained within schedule

EIFFAGE H1 2012

PrésentateurCommentaires de présentation

6,6166,606

6,456

6 3506 4006 4506 5006 5506 6006 650

S1 2010 S1 2011 S1 2012

Revenue €m

H1 2012/H1 2011

+ 0.2 %

13,550

11,31510,780

8 0009 000

10 00011 00012 00013 00014 000

S1 2010 S1 2011 S1 2012

Order book €m

H1 2012/H1 2011

+ 19.7 %

499451

412

0100200300400500600

S1 2010 S1 2011 S1 2012

Operating profit €m

H1 2012/H1 2011

+ 10.6 %

12,949

13,767

13,310

12 500

13 000

13 500

14 000

S1 2010 S1 2011 S1 2012

Financial net debt €m

H1 2012/H1 2011

- €818m

EIFFAGE H1 2012

5143

70

0

28,8372

57,6744

86,5116

S1 2010 S1 2011 S1 2012

H1 2012/H1 2011

+18.6 %

Net profit €m

-290-396-367

-500-400-300-200-100

0

S1 2010 S1 2011 S1 2012

Change in WCR €m

H1 2012/H1 2011

+ €106m

Profit growth, continued deleveraging and success of financing and refinancing of PPP and concessions

I.

FIRST SEMESTER 2012 HIGHLIGHTS

Pierre Berger – Chief Executive Officer

II.

RESULTS BY BUSINESS SEGMENT AND FINANCIAL RESULTS

Christian Cassayre – Chief Financial Officer

APPENDICES

REVENUE (excluding IFRIC 12) Part II

7

Slight growth in revenue of 0.2% to €6.6Bn

BREAKDOWN OF REVENUE BY BRANCH / GEOGRAPHICAL AREA (€m) CHANGE IN REVENUE (€m)

Contracting Concessions

916 901 952 1,032 1,043

5,606 5,607 5,504 5,574 5,573

6,522 6,508 6,456 6,606 6,616

H1 2008 H1 2009 H1 2010 H1 2011 H1 2012

in millions euros H1 2011 H1 2012 Δ 12/11Construction 1,872 1,840 -1.7%

Of wich property dvt 277 258Public Works 1,796 1,764 -1.8%Energy 1,526 1,542 +1.0%Metal 380 427 +12.4%CONTRACTING 5,574 5,573 -

CONCESSIONS 1,032 1,043 +1.1%

TOTAL 6,606 6,616 +0.2%Of which France 5,592 5,638 +0.8%Of which Europe 938 874 -6.8%Of which others 76 104 +36.8%

BREAKDOWN OF REVENUE OUTSIDE FRANCE (€m)

Part II

8

BREAKDOWN OF REVENUE BY BRANCH (%)

REVENUE (excluding IFRIC 12)

Benelux327

Germany285

Spain155

Poland57 Other

Europe50

Outside Europe

104

Concessions15.8%

Construction23.9%

Property Dvt

3.9%

Energy23.3%

Public Works26.7%

Metal6.4%

OPERATING PROFIT ON ORDINARY ACTIVITIES AND MARGINS Part II

9

Growth of profit on ordinary activities up 10.6% at €499M and margin increase at 7.5% of revenue

in millions euros Δ12/11% of revenue % of revenue %

Construction 80 4,3% 80 4,3% -Public Works (36) -2,0% (47) -2,7% -30,6%Energy 36 2,4% 42 2,7% +16,7%Metal 3 0,8% 14 3,3% x4,7

CONTRACTING 83 1,5% 89 1,6% +7,2%

Concessions 393 38,1% 434 41,6% +10,4%Holding (25) nm (24) nm nm

OPERATING PROFIT ON ORDINARY ACTIVITIES 451 6,8% 499 7,5% +10,6%

H1 2011 H1 2012

Revenue slightly down 1.7 % (-0,3% like for like)

– Good traction in buildings construction in France with an increase of 3.4% to €1,523m, good control over the major projects

– Reduction in revenue in Europe (Poland and Benelux), impact of the Czech republic closure (revenue of €29m for H1 2011)

– Reservations in property development down 17% in a market down 27%(1)

Stable margin at a satisfactory level

– Tight control of overheads costs, prudence in contract selection

Significant deliveries – St-Nazaire hospital, Lyon Confluence – retail and

leisure Park and Liège courthouse Significant order intake

– Offices in Joinville, Amber commercial mall in Poland and Liège finance tower

REVENUE (€m) - OPERATING MARGIN ON ORDINARY ACTIVITIES (%)

CONSTRUCTION: ACTIVITY AND RESULTS

10

Stable activity and operating margin

Part II

BREAKDOWN OF REVENUE

H1 2008 H1 2009 H1 2010 H1 2011 H1 2012WORKS 85% 85% 90% 85% 86%PROPERTY 15% 15% 10% 15% 14%

(1) Source FPI 2 August 2012

2,056 1,9421,778 1,872 1,840

3.9%4.2% 4.3% 4.3% 4.3%

H1 2008 H1 2009 H1 2010 H1 2011 H1 2012

PUBLIC WORKS: ACTIVITY AND RESULTS

11

2012: a year of transition

Part II

REVENUE (€m) - OPERATING MARGIN ON ORDINARY ACTIVITIES (%)

Revenue slightly down as per market trend and prudence in contract selection over the last 12 months

– France: Road building impacted by poor weather conditions ; large projects up and stable civil engineering

– Europe: stable in Germany and material decrease in Spain (-25%)

Decline in profitability

– Volume effect in the road building

– On going restructuring

– Productivity improvement plan covering the entire branch

Order book

– Record high order book up 38.6% year on year at €4.7bn

Bretagne-Pays de la Loire HSR project

– On track with the calendar

– Works Kickoff and studies completion

1,9411,718 1,819 1,796 1,764

1.1% 0.0% -1.7% -2.0% -2.7%

H1 2008 H1 2009 H1 2010 H1 2011 H1 2012

ENERGY: ACTIVITY AND RESULTS

12

Recovery in operating margin to 2.7%

Part II

REVENUE (€m) - OPERATING MARGIN ON ORDINARY ACTIVITIES (%)

Revenue up 1%

– Stable in France

– Increase in Europe

Increased operating margin

– Continued improvements at Eiffage Energie

– Good performance of Clemessy

Significant delivery

– Lyon Confluence – Retail and leisure Park

Order book

– Record high order book up 24.2% year on year at €2.95bn

1,4121,592 1,541 1,526 1,542

3.0%2.3% 2.3% 2.4%

2.7%

H1 2008 H1 2009 H1 2010 H1 2011 H1 2012

METAL: ACTIVITY AND RESULTS

13

Part II

REVENUE (€m) - OPERATING MARGIN ON ORDINARY ACTIVITIES (%)

Revenue up 12,4%

– Metal construction up with the start of the production of the Ofon offshore platform and the progress of the Fondation Louis Vuitton

– Good activity in Germany and restarting of the windmill masts production in Spain

Operating margin up to 3.3%

Significant deliveries – Louis Joubert lock in Saint-Nazaire

– Anguille (Gabon) offshore platform

– bridge in Paris

Order book

– Record high order book up 25% year on year at €1bn

Recovery in operating margin to 3.3%

197

355 366 380427

3.0% 2.5% 2.7%

0.8%

3.3%

H1 2008 H1 2009 H1 2010 H1 2011 H1 2012

CONCESSIONS (including APRR): ACTIVITY AND RESULTS

14

Increase in revenue and profitability

Part II

REVENUE (€m) - OPERATING MARGIN ON ORDINARY ACTIVITIES (%)

Revenue up 1.1% (1.7% like for like)

Full impact of the projects brought into services during H2 2011 :

– Concessions with the A65 and the Dakar-Diamniadio motorway for €20m of revenue

– PPPs with the Gendarmerie Nationale HQ and PPP hospitals for €26m of revenue

Operating margin up 10.4% to €434m

– APRR / Eiffarie up 9.5% to €392m

– Other concessions and PPPs up 20% to €42m Closing of new PPPs

– Seine-St-Denis schools

– Green-Er University in Grenoble (July)

916 901 9521,032 1,043

37.7%

35.3% 35.5%

38.1%

41.6%

H1 2008 H1 2009 H1 2010 H1 2011 H1 2012

TRAFFIC TOLL RECEIPTS

REVENUE (€m) – EBITDA MARGIN (%)

APRR: ACTIVITY AND RESULTS

15

Growth in revenue and margin improvement in a challenging environment

REVENUE MIX

LV: 84% LV: 65%

HGV: 16% HGV: 35%

Toll receipts: 97%

Other: 3%

Part II

Toll receipts up 0.5% as a result of the traffic mix HGV / LV and the February 2012 increase in tariffs (2.58% on average for APRR and 2.55% for AREA)

– LV traffic : -1.1% and HGV traffic : -3.8%

New increase in EBITDA margin to 70.6% of revenue thanks to a tight control of opex

Toll automation amounting to 88.9% of transactions Vs 84.2% at the end of June 2011 (electronic badges accounting for 50.4% of transactions)

1.137 million of electronic badges up 17.8% compared to June 2011

Development of customer services (rest areas and smartphone applications …)

902 886 931973 983

68.8%67.7% 67.7%

69.0%

70.6%

H1 2008 H1 2009 H1 2010 H1 2011 H1 2012

CONSOLIDATED INCOME STATEMENT Part II

16

Growth in operating profit of 10.6%, in net result of 18.6% and in EPS of 22.4%

in millions euros H 1 2011 H1 2012 Δ 12/11

Revenue (1) 6,606 6,616 +0.2%Operating profit on ordinary activities 451 499 +10.6% % of revenue 6.8% 7.5%

Other operating income and expenses (18) (19)Operating income 433 480 +10.9%Cost of net debt (318) (369)

Of which Concessions (314) (366) Of which Holding & Contracting (4) (3)Other financial income and expenses (8) (5)Net financial expenses (326) (374) -14.7% in millions euros H 1 2011 H1 2012

Share of profit of associates - 1 Construction 48 49Income tax (47) (40) Public Works (28) (39)

Energy 16 23Net profit 60 67 +11.7% Metal 3 9Minority interests 17 16 Concessions 25 27

Holding (21) (17)Net profit (group share) 43 51 +18.6% Net profit (group share) 43 51 % of revenue 0.7% 0.8%

Net profit per share (in €) 0.49 0.60 +22.4%(1) Exc IFRIC 12

FINANCIAL STRUCTURE Part II

17

Ongoing deleveraging with a financial net debt decreased by €818m year-on-year

in millions euros 30/06/2011 31/12/2011 30/06/2012

Concessions 14,672 14,366 14,279Intangible assets 2,947 2,956 2,968Tangible assets 1,204 1,199 1,184Investments 138 165 160Fixed assets 18,961 18,686 18,591Cash Holding & Contracting 124 656 164Other assets 6,365 6,082 6,711TOTAL ASSETS 25,450 25,424 25,466

Capital and reserves 2,394 2,143 2,173Net profit 43 205 51Shareholders' equity 2,437 2,348 2,224Minority interests 84 (1) (32)Provisions 964 984 942Concessions financial net debt 12,877 12,513 12,356Holding & Contracting net debt 1 014 788 757Other liabilities (1) 8,074 8,792 9,219TOTAL EQUITY AND LIABILITIES 25,450 25,424 25,466

(1) Inc MtM of the CNA debt and the swaps: 645 1,065 1,190

Part II

18

Debt evolution reflecting the seasonality of the contracting business and the dividends

Change in net debt since 31/12/2011 (€m)

EBITDA

Change in WCR

Interest and

taxes paid

Capex. contracting & Holding

Capex Concessions

Dividends & capital

transactions

Other

290

- 815 12,645 219

433 84

122 -29 Operating items - 92 12,949

FND 31/12/2011

FND 30/06/2012

Exc MtM of the CNA debt and the swaps: 1,065 1,190

FINANCIAL NET DEBT EVOLUTION

12,425 12,47212,594

12,299

585

41

283

57

203

132

890

593

31 dec 2010 31 dec 2011 30 june 2011 30 june 2012FND non recourse FND with switching recourse FND with recourse

Part II

19

13,213

13,767

12,645

12,948

Ongoing deleveraging with a financial net debt decreased by €818m year-on-year.

FINANCIAL NET DEBT STRUCTURE

Exc MtM of the CNA debt and the swaps: 753 1,065 654 1,190

APRR / Eiffarie, total of 10,067

Other Concessions, total of 2,232

Total 12,949

FINANCIAL NET DEBT STRUCTURE (1) (M€) NON RECOURSE FND BREAKDOWN (M€)

Part II

20

Financial net debt down €818m year-on-year, largely non recourse and raised in dedicated SPVs

95% of total

FND non recourse raised in dedicated SPVs

12,299

FND with recourse 593

FND with switching recourse 57

(1) Exc MtM of the CNA debt and the swaps of 1,190M€

APRR6,877

Macquarie quasi equity

729

EIFFARIE2,461

FINANCIAL NET DEBT STRUCTURE BREAKDOWN

Hospitals510

Lille Stadium

148

DGGN128

Millau574

Others69

A65803

Order book up +19.7% to €13.5bn (stable exc BPL)

Uncertainties over public orders over time

ORDER BOOK (€bn)

ACTIVITY AND COMMERCIAL DYNAMISM Part II

21

Order book up 19.7% year-on-year at €13.5Bn

ORDER BOOK BREAKDOWN (€m)

10.8 10.711.3

13.5 13.5

4.7%

8.7%

4.8%

25.5%

19.7%

0,0%

20,0

40,0

7,0

8,0

9,0

10,0

11,0

12,0

13,0

14,0

june-10 dec-10 june-11 dec-11 june-12

June-11 June-12 Δ 12/11in millions euros Exc BPL BPL Inc BPL

Construction 4,750 4,900 4,900 +3.2%Public Works 3,390 3,390 3,050 4,700 +38.6%Energy 2,375 2,375 2,400 2,950 +24.2%Metal 800 800 1,000 +25.0%

TOTAL 11,315 11,350 2,200 13,550 +19,7%

2012 REVENUE GUIDANCE (€m) BRANCHES

€3,850m +1.8%

€3,800m -2.3%

€3,250m +3.4%

€900m +16.1%

+2.6%

Year of transition

€2,200m

+1.8% €11,800m CONTRACTING

PUBLIC WORKS

CONSTRUCTION

ENERGY

METAL

Good resilience of the French market

Ofon offshore platform

Industry and energy sector

CONCESSIONS Slight increase in revenue

2012 PROSPECTS

22

Guidance for 2012 revenue is maintained at €14bn, up 2.0% year-on-year

Part II

+2.0% €14,000m TOTAL

CONCLUSION

23

EIFFAGE GROUP

A2 CONCESSIONS

A1

24

100%

99.8%

99,9% 100%

EIFFAGE TRAVAUX PUBLICS and its subsidiaries

EIFFAGE CONSTRUCTION and its subsidiaries

EIFFAGE ENERGIE

CLEMESSY

EIFFAGE CONSTRUCTION METALLIQUE

and its subsidiaries

CONSTRUCTION PUBLIC WORKS ENERGY METAL

and their subsidiaries

100% 100% 100%

CONCESSIONS

FINANCIERE EIFFARIE and EIFFARIE

APRR and its subsidiaries

VERDUN PARTICIPATION 1 and 2

CEVM

A’LIENOR / A65

BPL Hospitals

National Police Headquarters Lille Stadium

Colleges Concessions &PPP

65% 51% 50% +1 share

A1: ORGANISATION CHART

25

Eiffage carries on five activities – Construction, Public Works, Energy, Metal and Concessions – organised into operational branches under the holding company.

100%

TP Ferro Norscut SMTPC

OPTIMEP 4

≤50%

SHAREHOLDERS AT 30 JUNE 2012 (87.2 million shares) SHAREHOLDERS AT 31 DECEMBER 2011 (87.2 million shares)

A1: GROUP SHAREHOLDER STRUCTURE

26

Groupama6,9%

FSI20,6%

Eiffaime8,3%

Treasury shares2,1%

Employees29,1%

Free float33,0%

Groupama6,9%

FSI20,6%

Eiffaime8,3%

Treasury shares1,8%

Employees26,8%

Free float35,6%

A1: CONSOLIDATED BALANCE SHEET - ASSETS

27

in millions euros 30/06/2011 31/12/2011 30/06/2012Property, plant and equipment 1,409 1,412 1,390Investment property 7 7 6Fixed assets held under concessions 13,074 12,909 12,723Goodwill on acquisition 2,858 2,851 2,854Other intangible assets 121 140 150Investment accounted for using the equity method 122 100 88Financial assets on service concessions non current 1 131 992 1,097Other financial assets 229 267 273Deferred tax assets 201 273 306Other non current assets - - -Total non current assets 19,152 18,950 18,887

Inventories 482 527 596Trade receivables 4,446 4,158 4,511Current tax receivables 58 5 11Financial assets on service concessions current 10 8 10Other current assets 1,178 1,120 1,287Asset held for sale - - -Cash and cash equivalent 1,163 2,402 1,663Total current assets 7,337 8,220 8,078

Total assets 26,489 27,170 26,965

A1: CONSOLIDATED BALANCE SHEET – EQUITY AND LIABILITIES

28

in millions euros 30/06/2011 31/12/2011 31/12/2011Share capital 360 349 349Consolidated reserves 2,183 2,156 2,269Profit & losses directly accounted for in equity (150) (361) (445)Net profit for the period 43 205 51

Total capital and reserves, attributable to the Group 2,436 2,348 2,224Minority interests 84 (1) (32)Total capital and reserves 2,520 2,347 2,192Long-term debt 14,294 14,607 13,974Deferrerd tax liabilities 1,175 1,070 1,047Non-current provisions 469 443 451Other non-current liabilities 59 62 57Total non-current liabilities 15,997 16,182 15,529Trade creditors 2,796 2,862 2,933Short tem loans and other borrowings 754 764 817Non-current borrowings due within one year 535 741 1,011Current tax liabilities 69 72 101Current provisions 495 540 491Other creditors and accruals 3,323 3,662 3,891Liabilities held for saleTotal current liabilities 7,972 8,641 9,244

Total liabilities and shareholder's equity 26,489 27,170 26,965

A1: CONSOLIDATED INCOME STATEMENT

29

in millions euros H1 2011 2011 H1 2012

Revenue 6,630 13,802 6,661Other income 3 14 2Raw materials and consumables used (1,409) (2,703) (1,317)Staff costs (1,827) (3,512) (1,790)Other expenses (2,379) (5,306) (2,562)Taxes other than corporate tax (185) (388) (199)Amortisation and depreciation expense (415) (835) (411)Provisions - (40) 24Changes in inventories 3 48 66Other operating income and expenses 30 24 25Operating profit on ordinary activities 451 1,104 499Other operating income and expenses (18) (60) (19)Operating profit 433 1,044 480Income from cash and cash equivalent 13 33 21Cost of gross debt (331) (666) (390)Net finance costs (318) (633) (369)Other financial income (expenses) (8) (30) (5)

Share of profit (loss) of associates - 2 1Corporation tax (47) (120) (40)Net profit 60 263 67 Attributable to the Group 43 205 51 Minority interests 17 58 16

A1: CONSOLIDATED CASH FLOW STATEMENT

30

in millions euros H1 2011 2011 H1 2012

Cash flow generated by operations 428 1,021 422Change in working capital in operating activities (396) 279 (290)

Change in working capital in non operating activities (90) 44 (40)Capital expenditure (410) (833) (309)Disposals 14 39 9

Net cash flow (454) 550 (208)

Dividends (110) (110) (117)Change in equity 12 (20) (5)

Change in net bank debt (552) 420 (330)

Changes without flow of funds 1 (91) 25Changes in finance leases (3) (7) 1

Change in financial net debt (1) (554) 322 (304)

Of which non recourse (169) (47) 173Of which with recourse (385) 615 (477)

(1) Exc MtM of the CNA debt and the swaps

A1 : FINANCIAL STRUCTURE

21

Ongoing deleveraging with a financial net debt decreased by €818m year-on-year

in millions euros 31/12/2010 30/06/2011 31/12/2011 30/06/2012

Concessions financial net debt 13,010 12,877 12,513 12,356 With switching recourse 585 283 41 57 Non recourse 12,425 12,594 12,472 12,299 Of which financial debt 11,747 11,894 11,762 11,570 Of which Macquarie quasi equity 678 700 710 729

Holding & Contracting financial net debt 203 890 132 593 Net cash (383) (124) (656) (164) Borrowings 586 1 014 788 757

Financial net debt (1) 13,213 13,767 12,645 12,949

12 months FND variations (568) (818)

(1) Exc MtM of CNA deb and the swaps: 753 654 1,065 1,190

A1: FINANCE COSTS

32

Impact of APRR and Eiffarie refinancing of February 2012

in millions euros H1 2011 2011 H1 2012

Concessions (314) (624) (366)Of which Financière Eiffarie Group (253) (494) (293)Of which A'Liénor (A65) (22) (45) (23)Of which VP1 (Millau Viaduc) (14) (31) (16)

Of which Héveil, Hanvol and Hénnez (hospitals) (12) (25) (13) Of which ERE (HSR BPL) - (3) (7) Of which Elisa (Lille stadium) (2) (6) (5) Of which Eiffigen (Gendarmerie HQ) (2) (5) (3)

Others (9) (15) (7)

Holding & Contracting (4) (9) (3)

Cost of net debt (318) (633) (369)

Other financial income and expenses (8) (30) (5)

Financial result (326) (663) (374)

A1: INVESTMENTS

33

in millions euros H1 2011 2011 H1 2012

Intangible 18 36 9Concessions 282 583 219

Tangible 94 172 73Financial 16 42 8

TOTAL 410 833 309

EIFFAGE GROUP

A2 CONCESSIONS

A1

34

A2: CONCESSIONS

35

Name Type CountryEnd of Concesison Status Shareholders

Consolidation method

APRR Toll concession FR 2032 Operational 50,1% Full consolidationA65 Toll concession FR 2067 Operational 65,0% Full consolidationMillau Viaduc Toll concession FR 2079 Operational 51,0% Full consolidationNorscut Toll concession PT 2037 Operational 36,0% Equity methodPrado Carénage Tunnel Toll concession FR 2025 Operational 32,9% Equity methodHSR Perpignan-Figueras Railroad in concession FR / SP 2057 Operational 50,0% Equity methodHSR Bretagne-Pays de la Loire Railroad in PPP FR 2036 Under construction 100,0% Full consolidationHospital of Sud Francil ien PPP FR 2041 Operational 100,0% Full consolidationHospital of Rennes PPP FR 2029 Operational 100,0% Full consolidationHospital of Annemasse PPP FR 2043 Operational 100,0% Full consolidationPrisons PPP FR 2037 Operational 19,9% Not consolidatedGendarmerie Nationale HQ PPP FR 2043 Operational 100,0% Full consolidationGrand Stadium of Li l le PPP FR 2043 Under construction 100,0% Full consolidationSeine-St-Denis colleges PPP FR 2034 Under construction 100,0% Full consolidation

Carrying value of assets held under Concessions (M€)* 31/12/2011 30/06/2012APRR 11,732 11,523A65 1,041 1,037Millau Viaduc 380 378Norscut 18 20Prado Carénage Tunnel 22 20HSR Perpignan-Figueras 49 49HSR Bretagne-Pays de la Loire 19 52Hospital of Sud Francil ien 341 339Hospital of Rennes 51 51Hospital of Annemasse 161 161Gendarmerie Nationale HQ 134 133Grand Stadium of Li l le 197 247Seine-St-Denis colleges 0 9Others 222 259Total 14,366 14,279

*Fully consolidated: 100% of asset / Equity method : group share

45 24 81159 188

54

215343 303

171 104

123

57

62 59 55 48

57

34

36 3329 40

47

351

465 476414 380

280

2006 2007 2008 2009 2010 2011Resurfacing Renewable assets ICAS* New construction

APRR: INVESTMENTS REALISED (€m)

APRR: KEY DATA

A2: APRR – KEY DATA AND INVESTMENTS

36

*ICAS: Construction investments on motorways currently in service

APRR AREA APRR Group

Creation 1961 1971Network in operation (km) (1) 1,850 413 2,263

Network under construction or planned(km) 24 0 24

End of concession (2) 2032 2032Km travelled in 2011 (M de km) 16,772 4,728 21,500AADT vehicle / day) (3) 25,365 32,876 26,707Revenue 2011 (€m) 1 529 493 2,022 - of whcih tolls (%) 97% 98% 97%Nb of employees (Déc. 2011), ETP (4) 2,706 992 3,698

(1)Inc ADELAC (A41, Annecy-Genève) / (2) Exc tunnel Maurice Lemaire / (3) Annual average daily trafic / (4) Exc CATS

80

85

90

95

100

105

Q4 07 Q1 08 Q2 08 Q3 08 Q4 08 Q1 09 Q2 09 Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12

HGV

LV

Total

CHANGE IN TRAFFIC (kilometres travelled, 12-month sliding basis, rebased Q4 2007)

A2: APRR - TRAFFIC

37

Traffic at Europe’s fourth-largest motorway company

New tariff formula

– For 2012 = 2.58% for APRR and 2.5% for AREA

– For 2013 = 85% x inflation (1) + 0.50%

(1) Inflation excluding tobacco, from October Y-2 to October Y-1

Around €500m of capex covering growth and modernisation of the newtwork between 2009 and 2015

– New sections and widenings: around €300m

– Other Additional capital expenditure on motorways in service: around €200m

– Environment protection

– Security and service improvement

– Rollout of non-stop electronic toll collection system

A2 : APRR – 2009-2013 MANAGEMENT CONTRACT

38

A2 : REFINANCING OF APRR-EIFFARIE GROUP

Signing of refinancing agreements for the bank debt of Eiffarie and the APRR standby credit on 20 February 2012

APRR:

– More than €2.5bn of bonds since January 2011

– €0.7bn standby credit with a 5-year term

– 150bp opening margin

Eiffarie:

– €2.8bn medium-term credit line with a 5-year term

– Opening margin 300bp

– Dividends

– Possibility to upstream 50% of Eiffarie’s free cash flow on average within the limits indicated below and subject to compliance with loan documentation

– 75% of free cash in 2012, 2013 and 2014;

– 25% in 2015; and

– 0% in 2016.

39

Signing of Eiffarie-APRR Group refinancing

CONTACT INVESTOR RELATIONS AND AGENDA

Philippe Delmotte

philippe.delmotte@eiffage.com : +(33) 1 41 32 81 05

CONTACT

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06-nov.-12 3rd quarter revenue

DISCLAIMER

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This presentation may contain forward-looking statements and information about the financial situation, operating results,

activities and development strategy of Eiffage. These statements and this information are based on assumptions that may prove

incorrect and that are subject to major risks and uncertainties. This information is pertinent only on the day it was formulated.

Eiffage assumes no responsibility to update this information or to revise the statements on becoming privy to new information

or because of future or other events taking place, subject to applicable regulations in this matter. Additional information on

factors that could influence the financial results of Eiffage are contained in the document filed by the Group with the French

financial markets supervisor (Autorité des Marchés Financiers - AMF), which is available on the Group’s website

www.eiffage.com or on request from the company’s registered office.

http://www.eiffage.com/

Results for the semester ended 30 June 2012� Financial analysts’ meeting, 29 August 2012Diapositive numéro 2Diapositive numéro 3Diapositive numéro 4EIFFAGE H1 2012Diapositive numéro 6REVENUE (excluding IFRIC 12)REVENUE (excluding IFRIC 12)OPERATING PROFIT ON ORDINARY ACTIVITIES AND MARGINSCONSTRUCTION: ACTIVITY AND RESULTSPUBLIC WORKS: ACTIVITY AND RESULTSENERGY: ACTIVITY AND RESULTSMETAL: ACTIVITY AND RESULTSCONCESSIONS (including APRR): ACTIVITY AND RESULTSAPRR: ACTIVITY AND RESULTSCONSOLIDATED INCOME STATEMENTFINANCIAL STRUCTUREFINANCIAL NET DEBT EVOLUTIONFINANCIAL NET DEBT STRUCTUREFINANCIAL NET DEBT STRUCTURE BREAKDOWNACTIVITY AND COMMERCIAL DYNAMISM2012 PROSPECTSDiapositive numéro 23Diapositive numéro 24A1: ORGANISATION CHARTA1: GROUP SHAREHOLDER STRUCTUREA1: CONSOLIDATED BALANCE SHEET - ASSETSA1: CONSOLIDATED BALANCE SHEET – EQUITY AND LIABILITIESA1: CONSOLIDATED INCOME STATEMENTA1: CONSOLIDATED CASH FLOW STATEMENTA1 : FINANCIAL STRUCTUREA1: FINANCE COSTSA1: INVESTMENTSDiapositive numéro 34A2: CONCESSIONSA2: APRR – KEY DATA AND INVESTMENTSA2: APRR - TRAFFICA2 : APRR – 2009-2013 MANAGEMENT CONTRACTA2 : REFINANCING OF APRR-EIFFARIE GROUPCONTACTDISCLAIMER