ACTIVITY REPORT

2006▼

1 Message from the Chairman2 Profile4 Key figures5 Financial notes8 Eurovia’s environment policy

10 Accident prevention - safety12 Management14 2006 projects32 Addresses

Cont

ents

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Road markingCours de Verdun in Bourg-en-Bresse, southeastern France.▼

12006 has proven to be a good year for Eurovia. The company’s business indicatorsgrew impressively: revenue was up 12%, operating profit from ordinary activitiesincreased 19% and net profit grew 32%.

The following pages showing the highlights of 2006 provide a good overview of ourbroad range of expertise - from motorway pavements and engineering structures inthe US, to cobblestone laying on the Place Charles de Gaulle in Paris. The highlightsalso demonstrate our teams’ ability to design, coordinate and carry out complex pro-jects such as the Clermont-Ferrand light rail system in France and the D8 motorwayin the Czech Republic.

Meanwhile, Eurovia continued its policy of acquisitions focused on expanding andextending its network of locations in Europe and North America.

Industrial production of high-quality materials remains the core of our strategy, asillustrated by the acquisition of such companies as Carrières unies de porphyre in

Belgium and Sutter in Germany. Combined with encouraging first-year results of our Antwerp distribution platform,they constitute a coherent system for producing and marketing high-quality materials in Northern Europe.

In pursuing its innovation policy, Eurovia devoted three-fourths of its research budget to protecting the natural environment.The first NOxer® pavements, laid in the autumn, have demonstrated their reliability and attracted a great amount of interestamong contracting authorities and civil society.

For many years environmental concerns remained an abstract concept. More recently they have begun to supportgenuine determination and now the time has come to take action. Much will be undertaken in coming years and we willneed solutions, processes and people to implement them. Eurovia has prepared for this decisive phase and intends toplay a leading role in putting forward proposals as a partner and a player.

After five years of growth, our infrastructure markets continue to show the same strength. Needs exist and are beingexpressed, decision makers are determined to meet them and public private partnerships are opening up new financing.

To respond to all these expectations, Eurovia combines local presence and global sharing of knowledge and experience.It is supported by a network of employees – international managers, technicians and research workers, accident prevention specialists, training instructors – and by a highly integrated network of divisions and industrial sites with a common communication capability thanks to the Kheops information system, which has now been rolled out at virtually all of Eurovia’s subsidiaries inside and outside of France.

Building on its decentralised organisation, its locations, its capacity for innovation and its teams, Eurovia moves into2007 with optimism and enthusiasm.

MESSAGE FROM THE CHAIRMAN

Roger MARTIN

Chairman and Chief Executive Officerof Eurovia

2The 38,500 employees of Eurovia, a VINCI subsidiary, operate in Europe and in North and

South America, designing, building and maintaining the transport infrastructure for public and private

clients. Combining strong local roots based on a network of more than 1,000 industrial and commercial

entities with an ambitious innovation policy, Eurovia promotes a global and controlled approach to all its

business lines - roadworks, industries and materials, quality of life and environment, services - with the

aim of achieving harmonious and sustained growth.

PROFILE

HIGHLIGHTS

Key figures

€7.23 < billion revenue

38,500 < employees

300 < works agencies and subsidiaries in 16 countries

210 < quarries

60 < binder plants

385 < coating plants

135 < materials recycling and re-use facilities

40,000 < projects per year

JANUARY > Eurovia and Carmeuse join forces to form the

Société des Carbonates Piketty company (SCP) in the Paris area.

JANUARY > Eurovia consolidates its industrial positions in

Canada by acquiring the operating assets of Constructions et

Pavages Continental Inc.

APRIL > Eurovia wins the Grand Prize in the Road Safety

Award presented by the IRF (International Road Federation) for

Vigiroute®.

APRIL > Eurovia acquires the Société de Balisage Mobile(SBR) company in the Paris area.

AUGUST > Eurovia acquires the Presqu’île Environnementcompany in western France.

AUGUST > Eurovia acquires the Sutter group, based in Dresden,Germany, in which the main asset is the Oberottendorf quarry.

SEPTEMBER > Eurovia takes control of the Carrières unies deporphyre (CUP) in Belgium.

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Values▼ ResponsibilitySolidarityInnovationOutreach

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GANI

SATI

ON

LOCATIONS

Executive Committee Roger MARTIN Chairman and CEO

Jean-Louis MARCHAND Senior Executive Vice-President

Patrick JUTIER CFO

Guy VACHER Executive Vice-President, France

Daniel ROFFET Executive Vice-President, International

AMERICAS

CANADA DJLUNITED STATES Hubbard and BlytheCHILE Bitumix and Probisa Chile

EUROPE

ALBANIA AlbaviaBELGIUM Eurovia Belgium and GrizacoCZECH REPUBLIC SSZFRANCE EuroviaGERMANY Eurovia VBU, Eurovia Teerbau, Eurovia Industrie, Eurovia Beton and Eurovia GesteinITALY BatecLITHUANIA Eurovia LietuvaPOLAND Eurovia PolskaPORTUGAL ProbigalpRUMANIA Viarom ConstructSLOVAKIA Eurovia Cesty and Eurovia KamenolomySPAIN Probisa and TrabitUNITED KINGDOM Ringway

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SEPTEMBER > Eurovia wins 2 of 3 prizes in the FNTPEnvironment competition.

OCTOBER > Eurovia receives the special Creativity prize in theFimbacte competition for the play “Watch Out! Work inProgress”.

OCTOBER - NOVEMBER > Eurovia lays the first NOxer®

pollution reducing pavements in Dinan in western France andMontlouis-sur-Loire in central France.

NOVEMBER > Eurovia receives first prize for the best andmost innovative product in terms of air quality category in theOxygen Awards, which recognise practical solutions to airquality problems, for NOxer®.

DECEMBER > Eurovia establishes a foothold on the Rumanianmarket by acquiring the Viarom Construct company.

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Net profit (attributable to equity holdersof the parent, after taxes)

Western Europeexcl. France

23%

France58%

Americas8%

Central Europe11%

Quality of life andenvironment

26%

Roadworks 49%

Services7%

Industry andmaterials

18%

Operating profit fromordinary activities

Cash flow fromoperations

Investments(including capital investments)

Shareholder’s equity

Revenue

In € millions

+12.0% and +10.9% at constant scope and exchange rates

2004 2005 2006

5,755.2

368.0 379.2425.8

180.3

318.2342.1

773.4

873.2936.1

7,234.5

217.6

288.0

138.8152.8

201.7243.26,457.0

Revenue bygeographical area

Revenue bybusiness line

2004 2005 2006 2004 2005 2006

2004 2005 2006 2004 2005 2006 2004 2005 2006

248.9

164.2

223.5

KEY FIGURES

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France(€4,218 million)In 2006, Eurovia confirmed the quality of itsroots in its longstanding market, where thebusiness climate was excellent. Revenue inFrance grew 15.7% (versus 11% in 2005).Almost half this growth, however, was attributedto higher costs of petroleum products andtransport. Despite pressure on prices, operatingprofit was maintained at the high level of 5.5%.Eurovia’s business in France combines a broadbase of numerous recurring local contracts -about 25,000 in 2006 - and participation in majortransport infrastructure and urban developmentprojects. Eurovia confirmed its leadershipposition in light rail systems, working on the vastmajority of projects under way in France in 2006. The company’s ability to execute and coordinateall operations associated with urbandevelopment, backed by experience acquired ona large number of projects, enables it to capturea major share of this growing market. Eurovia’sacknowledged expertise is evident in a largenumber of projects designed to refurbish ordevelop prestigious sites and build or renovatemajor motorway infrastructure and airportfacilities, in the use of high environmentalperformance processes. In addition, Euroviacontinued its acquisitions policy aimed atoptimising coverage of its markets andstrengthening its materials production capacity.

Western Europe(€1,648 million)In Germany, for the second consecutive year,Eurovia GmbH recorded increased revenue(+7.4% on an equivalent consolidation scopebasis) and maintained its level of profit despiteconstant market pressures. Ramping up thedeployment of its industrial strategy, Euroviaacquired Sutter, a company with 250 employeesand revenue of €20 million. Sutter operatesOberottendorf, a substantial quarry located inthe south of the country, which will now supplyEurovia’s coating plants in Germany, the CzechRepublic and Poland. Apart from its vastresources, the quarry has a railway branch line,enabling two-thirds of materials produced to betransported out by train. A materials processingand trading centre will be set up at this site.Also in 2006, Eurovia sold its non-strategicholding of 50% in Stratebau, a Bavariancompany.In the United Kingdom, Ringway operatesmainly within the framework of medium andlong-term contracts (between three and twelve years), each representing an averageannual revenue of €15 million. The company re tendered and won several major contracts,which enabled it to maintain a high level ofbusiness activity. The recent acquisition of TEBeach also helped consolidate Ringway’sposition in the London road construction market.The completion in Spain of major projects suchas the Madrid ring road and a motorway inAndalusia improved revenue slightly. Thecontinued strict application of selective ordertaking, combined with tightened management,generated a significant improvement in profit.Last but not least, in Belgium, business grewby over 33% and generated a very satisfactory

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FINANCIAL NOTESEurovia grew strongly again in 2006, with revenue increasing 12% (10.9% on a constantconsolidation and exchange rate basis). The company recorded an even higher increase in operatingprofit from ordinary activities (+18.4%), which represents 4% of revenue.

6level of profit. Continuing its strategy ofexpansion in the European materials market,Eurovia acquired Carrières unies de porphyre, aquarry with annual production of 1.9 milliontonnes. The quarry’s output will be used tosupply Eurovia contracts and markets inBenelux and northern France. By applying thissame strategy this led to a heightened activity atthe materials storage, transformation andtrading facility created in the port of Antwerp inBelgium in 2005. Some 350,000 tonnes ofmaterials were processed at the facility, withfurther potential to handle one million tonnes, in 2006.

Central and EasternEurope(€800 million)Eurovia’s subsidiaries in Central and EasternEurope confirmed their vitality by generatingabout €800 million in revenue, representing anoverall increase of over 10%. Revenue from thisregion now accounts for more than a quarter ofEurovia’s international business and 11% of its

total business. In parallel, operating profit fromordinary activity achieved a similar level to thatin France. These excellent results endorse thecompany’s strategy of targeting growth inconcentrated areas to acquire significantpositions by taking advantage of two saleslevers: roadworks and materials production. As part of this strategy, a support servicesdivision for all operations in the area wascreated in Prague in 2006.Revenue in the Czech Republic is almost thesame as that generated in Germany. SSZ increased it’s holding in the Jakubcovicehard rock quarry in Moravia from 51% to 100%.The quarry, which produces 1.2 million tonnes of materials a year, helps to guarantee suppliesfor SSZ in a business context where majorinfrastructure projects are being developed notonly in the company’s domestic market butacross the entire region. Eurovia’s subsidiaries in Central Europe areparticipating in some of the biggest motorwayprojects currently under way in Europe. Lastly, to complement its network of operationsin the Czech Republic, Slovakia, Poland, Lithuaniaand Albania, Eurovia entered the Romanianmarket in 2007 by acquiring Viarom Construct, a company generating revenue of €13.5 million.

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FINANCIAL NOTES

Americas(€569 million)In the United States, with operations in Floridathrough Hubbard and North and South Carolinathrough Blythe, Eurovia continued to diversifytowards a broader base of contracts and theprivate sector. In addition, the company appliedstricter selection criteria to major contracts. Thisstrategy generated a significant increase in bothrevenue (16.7% on equivalent exchange rates)and profit, The acquisition at the end of 2005 oftwo coating plants in North Carolina, with a totalcapacity of 600,000 tonnes a year, strengthenedBlythe’s industrial capacity. In Canada, DJL recorded strong growth in bothrevenue and profit. This was attributable both tothe quality of the company’s footprint in theimproving Quebec market and the acquisition ofContinental’s assets. This transactionstrengthened DJL’s industrial productioncapacity considerably (two coating plants, acrushing plant, and a dozen stone and sandquarries representing 45 million tonnes ofreserves). As a result, DJL was able to extendits business into Mauricie, an area near Quebec. Eurovia posted an excellent performance in Chile, combining a good level of revenue anda very high level of profit.

OutlookEurovia’s order book increased 7% over the 12-month period to reach €4.6 billion at the end of 2006. A further improvement in its performance istherefore envisaged in 2007. In addition, the markets in which the companyoperates are set to be driven for the long term by significant needs fortransport infrastructure growth and renovation - roads, motorways, railways,urban rapid transit systems, airports - and urban development.

Substantial investment in motorway renovationThis outlook is borne out by major renovation programmes of first generationmotorways in Western Europe (France, Germany and Spain) - launched underPPP arrangements - and by projects of a similar scale for the construction ofnew motorway corridors in countries that recently joined the European Union.Eurovia should benefit from the expected growth of these markets by takingfull advantage of its roots in each market, its materials production capacityand its skills and network synergies with other VINCI divisions.

Continued expansion in all of Eurovia’s business lines Against this backdrop, Eurovia will continue to apply its strategy of expandingall of its business lines. In roadworks, the fit between major infrastructureprogrammes and a very large number of local projects will promote optimalmarket coverage while reducing exposure to risks. In materials production,Eurovia will continue to acquire quarries, storage and transformation facilitiesand production plants in Europe and North America with the dual goal ofhaving guaranteed supplies for its contracts and developing its tradingbusiness for third parties. The company will also pursue growth in buoyantmarkets related to the quality of life (development and enhancement of urbanspaces) and the environment (deconstruction, landfills, etc.). Lastly, thegrowing demand for road maintenance, in particular in the form of multi-yearcontracts, will boost Eurovia’s revenue from services. This strategy will beapplied to all markets where Eurovia has a significant position, namelyWestern Europe, Central Europe, Eastern Europe and North America.

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8 EUROVIA’S ENVIRONMENT POLICY

With 135 recycling facilities worldwide,Eurovia, a major player in materialsrecovery and recycling, develops therecycled aggregates sector, which will beplaying an increasingly important role astime goes on. When materials such asworksite rubble, slag, bottom ash and schistare treated and re-used, landfill disposaland the exploitation of natural resourcescan be cut back. By installing its recyclingcentres close to its worksites, Eurovia alsolimits raw material transport.

From improvement programmes aimed at limiting impact on the environment to research and development of new products and processes, Eurovia makes protecting the environment a priority.

75% of the R&D budget is devoted to the environment.

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Eurovia produces 3 times more recycled and re-used materialsthan the French average.

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Designing and developing techniques, providing services thatconstantly improve environmentalprotection. “Innovation in environmental protection underpins

the company’s research and development pro-

gramme. Materials recovery and recycling are at

the heart of the solutions Eurovia devises for the

future. Eurovia strives to steadily develop techni -

ques that protect the environment on the ground.”

Controlling the impact of our businessactivities on the environment.“In its industrial facilities and on its worksites,

Eurovia upgrades its working methods to comply

with changing regulations. Beyond that, Eurovia

sets up environmental management programmes

to guide operators in improving their performance.

As part of this endeavour, Eurovia avails itself of

the full range of resources needed to reduce the

environmental impact of its activities and to protect

the natural environment.”

• To reduce energy consumption and limit green-house gas emissions, Eurovia has developed innovative products that reduce production temperatures, such as warm mix with aspha-min®, Ecolvia® cold mixes, the Recyclovia® coldrecycling technique, etc.

7 million tonnes of materialswere recycled or re-used in 2006.

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9• Eurovia has undertaken a programme aimed atorganising logistics so as to meet both economicand environmental goals by using several transportmodes. Materials are shipped by road, which ac-counts for the largest share of Eurovia’s logisticsoperations, as well as by inland waterway, sea andrail. To optimise transport, vehicle routes arestreamlined and the company stresses two-wayfreight flows.

• On the strength of its experience in rehabilitatingquarries, Eurovia provides solutions to re-create anatural environment and foster development of floraand fauna. During impact studies, operation and during rehabilitation, the Eurovia quarry network,which is headed by environment officers, sets uppartnerships with environmental associations soas to pool the expertise and skills of each party.

Promoting environmental value. “Believing as it does, that for a programme to

succeed, everyone must get behind it, Eurovia

promotes its programmes in-house. To do so it

uses awareness-raising campaigns and is pro-

gressively including environmental values in its

training courses.

To take the expectations of civil society on board,

Eurovia promotes consultations and communication

on its environmental solutions.

Eurovia operates according to sustainable deve-

lopment principles and it intends to increase its in-

volvement in the debate by providing increasingly

innovative solutions.”

• To better publicise its activities, Eurovia presentsand explains its business lines to the stakeholdersinvolved in its projects. This results in the esta-blishment of local consultation and monitoringcommissions that bring together all the partiesconcerned (local authorities, local residents, civicorganisations, administration, etc.), for informationand discussion. This ensures that projects arebased on consensus throughout the operation of its sites.

10In pursuit of its goal of “zero accident” for everyemployee, Eurovia engages in debate and dialogueon the ground in order so as to adapt its methodsand tools to the specific problems encountered onthe company’s worksites and production plants.Every business line, risk and workplace are ana-lysed in order to provide each person with theright message, training and advice.In 2006, 160,000 hours of training were devotedto accident prevention worldwide. The training aimsto raise awareness among all persons potentiallyexposed to occupational risks, and to given themways to identify and eliminate such risks.Above and beyond this endeavour, a number ofinnovative teaching materials have been introdu-ced over the last few years:

• Vigiroute®, deployed in 2002, is a traffic accidentprevention plan that has reduced the number ofaccidents involving Eurovia employees and resul-ted in a reduction of injuries and damage of 30%;

ACCIDENT PREVENTION - SAFETY

“Watch Out! Work in Progress”

Eurovia inaugurated an unusual safety awarenesscampaign with the play “Watch Out! Work in Progress”. It was written by a former Eurovia works engineer and isbased on actual facts. It depicts potentially dangeroussituations that can, if not brought under control, result inan accident. “Watch Out! Work in Progress” toured Franceand was performed 70 times to audiences, made up ofEurovia employees, totalling 20,000 people. The performances were followed by a debate amongemployees, division managers and quality-safety-environment officers. The innovative campaign wasdesigned to boost awareness of day-to-day risks and thusto bring about changes in individual and group behaviour.

In 3 years, the occupational accident frequency rate was reduced by 29% and the severity rate by 34%.

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In 2006, 36% of divisions achieved the “zero accident” objective and 6,322employees won the Eurovia safety challenge.

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Induction of new employees

Based on the fact that employees suffer more frequentaccidents during their first year with the company, Euroviahas set up a three-stage induction procedure called “The First Day”. Before gaining access to the worksite,every new employee watches a film that presents thegeneral risks to which he or she will be exposed andreceives advice from the person in charge of his or herinduction. The new employee’s knowledge is then tested ina safety test in which he or she must get a grade of 25/30in order to begin work. The employee then receives a set of teaching tools including a safety booklet, accidentprevention fact sheets, the Vigiroute® driver guide and areminder for truck drivers operating on worksites. At theend of 2005, 18,000 safety tests had been given to new andexisting employees, who take the test to assess theirstrengths and weaknesses. Three years after the procedurewas first introduced, there are four times fewer accidentsamong new employees (employees with less than oneyear’s seniority).

• the new employee induction procedure (seebox), introduced in 2003, and since supplemen-ted by an induction for each specific job (quarry worker, deconstruction worker, etc.);

• the “Traffic Man” procedure deployed in 2005 to guide truck drivers operating on worksites.

Moreover, dangerous situations and severe acci-dents are reported in an accident-prevention-safety news bulletin that is posted in all divisionsto keep all employees informed. Such reports canbe used during the 15-minute safety sessions organised by each operating team on worksitesand industrial sites.

A network of quality-safety-environment officers andaccident prevention correspondents implement theEurovia accident prevention plans on the ground.Last but not least, the accident-prevention-safetyschedule circulates a monthly message about a riskidentified at a workplace.

In 2006, Eurovia signed the European “25,000 Lives to Save”road safety charter, in which it undertook to deploy Vigiroute®

in all its European Union subsidiaries and to reinforce its prevention plan by taking action on specific issues, especiallyutility vehicles.

Hiring8,326 people joined the company in 2006. Eurovianow recruits through a variety of systems - frommeetings at 100 school forums and job fairs to 900 internships in the field 80% of which result inan employment contract. Hiring is also based onlonger-term programmes that combine trainingand gradual induction: for example the Passport toEmployment programme introduced in 2006, helped Eurovia recruit 25 people.

Training671,524 hours of training were conducted world-wide for company employees in the course of theyear. 30% of this training was devoted technical issuesand 24% to health and safety. In 2006, the newGIRF training centre for management staff inMérignac, which was founded in 2005, had got upto speed. It has already hosted over 1,300 trainees,coming from all the countries in which Eurovia

MANAGEMENT

The Vocational QualificationCertificate: recognition andadvancement

VQC Vocational Qualification Certificates are designed tocertify vocational skills. They enable workers to gainrecognition of their experience and to advance more easily.In the industry there are two VQCs: urban street and utilitynetwork construction and road surfacing application (withtwo options: surface dressings and asphalt mixes).

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EUROVIA FOUNDATION

The Eurovia Foundation, set up in 1994, has awarded a total of 1,365 scholarships to enable the children of the company’s workers to start or continue higher education.

In 2006, the Foundation’s activities were broadened to include educationscholarships for orphans of Eurovia employees to enable them to continuetheir studies.

operates, who take the sessions designed for supervisory staff and foremen. Young engineershired by Eurovia take their training in this skillscentre, which is located just next door to the re-search centre, over their three-year induction period.The GIRF technical training centre in Gevrey-Chambertin has meanwhile welcomed 550 skilledand unskilled workers at 60 training courses givenby in-house and outside instructors. 15 of them re-ceived the Level 5 roadworks mason certificate(equivalent to the French CAP vocational certificate).

MobilityAs a company with diverse business lines opera-ting in 16 countries, Eurovia fosters internationaland professional mobility among its employeesin order to enhance each person’s know-how andexperience. Under this policy, introduced in 2004,60 international managers are pursuing their careers outside their country of origin and 20 trai-nees are discovering new and different workingenvironments. This mobility is giving rise to a genuinely international and multidisciplinary corporate culture.

Number of people joining the company in 2006 > 8,326

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Hours of training taken by company employees in 2006 > 671,524

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14ROADWORKS

INDUSTRIES AND MATERIALS

QUALITY OF LIFE AND ENVIRONMENT

SERVICES

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1615

2006 Projects 16 Research and innovation

18 Promoting major innovations

20 Enhancing activities and sites

22 Implementing major projects

24 Light rail and railroad systems on track

26 Producing and transporting materials

28 Introducing new forms of contracts

30 Providing road-related services

16RESEARCH AND INNOVATION

HighlightsAt its research centre in Mérignac near Bordeaux, Euroviadevelops a steady stream of new road applications whichhelp to make the road infrastructure safer and protect theenvironment. In 2006, Eurovia research ingenieers developed a new usefor the NOxer® process, building the first pollution-reducingroad in France. The environment accounts for 75% of theresearch budget and is a major development thrust atEurovia. The development of warm mixes, the use of bottomash as a road construction material and high-percentageasphalt mix recycling are just some of the topics for whichexperiments are being conducted at the Eurovia researchcentre with the goal of limiting the consumption of non-renewable natural materials in the road constructionindustry. In its endeavour to be increasingly attentive to itsimpact on the immediate environment of its projects, Eurovia has developed a process for treating odoursand fumes from its production plants. This cold plasma process was installed in one of the company’s largest binderplants near Périgueux in 2006.

Above and beyond its Mérignac research centre, Eurovia has six regional laboratories in France – Bouc- B(northern France), Mérignac (south-western France), Woippy (eastern France) – and six laboratories o

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17Photo: In October 2006, Eurovia laid France’sfirst pollution-reducing NOxer® pavement inDinan (northwestern France).

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c- Bel-Air (south-eastern France), Brétigny-sur-Orge (Paris region), Carquefou (north-western France), Looss outside France in Germany, Canada, Spain, the Czech Republic, the United Kingdom and Slovakia.

Jacques Amouroux Professor and Director of the plasma processes andsurface treatment engineering laboratory at Pierre and Marie Curie Paris VI University – Ecole NationaleSupérieure de Chimie de Paris (ENSCP).

“In 2002, the University of Saint Petersburg and the ENSCPsuggested that they work with Michel Mazé, Director of theEurovia research centre, on a dielectric barrier dischargefume condensation system. This forward-looking researchgenerated clear results in March 2004, in the form of a 700 cu.metre/hour treatment unit, for which Eurovia filed a patent inDecember 2004. Since then, international patents, industrialdevelopment, efficient exchanges and the design of an inno-vative tool have bolstered this development and a plasmafume treatment process has been installed in the Eurovia binderplant in Périgueux; it has a production capacity of 2,000 cu.metres per hour. The experience in university industry co-operation, with research workers determined to succeed, andwith Eurovia providing a welcoming working environmentbased on trust, has demonstrated that creativity requires sharing of disciplines, speciality knowledge, and thought processes. Each partner must listen and make proposals to convince the other and be successful. The solution hasgot to be based on teamwork.”

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PROMOTING MAJOR INNOVATIONS

The six flagship products in figures: 200,000 tonnes of warm mix with aspha-min® laid in 2006, 5Viagrip®, 190,000 sq. metres of Agrévia® and three new Recycan® machines.

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Thierry Marquet Head of the highway department at the Allier DDEpublic works administration.

“About ten years ago, the Department of the Allier introduceda pro-active safety policy for its transport infrastructure. To assist in this effort we needed to find a solution to stop theaccidents created by vehicles skidding off dangerous curves.Viagrip®, a high skid resistance surface dressing that is applied to an existing asphalt mix proved to be the ideal solution.The Allier DDE public works administration progressively applied it to all the accident-prone zones in the Allier depart-ment, refurbishing the pavement with asphalt mix and thenapplying Viagrip® the following year. It is now acknowledgedthat Viagrip® has proved an effective surfacing, by contractauthorities and users alike. In the areas where Viagrip® hasbeen laid there have not been any incidents which resulted incars skidding off the road. It has thus been 100% effective.Viagrip® significantly increases infrastructure safety and helpsto reduce the number of road accident victims.”

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Photo: Viagrip®, a high skid resistance surfacing thatreduces braking distances, is also used for decorativeand road marking purposes. It is shown here in a glistening version, where it marks the edges of theBondy light rail system in the Paris area.

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Highlights In 2006, Eurovia launched a product promotion campaign to promotesix products and processes from its innovation development plan,focused primarily on sustainable development. Eurovia is determined to play a leading role in meeting this issue head-onby applying its innovative and technically sophisticated solutionsas broadly as possible. It will be leading the effort in road safety,remediation, in-situ recycling and lowering of asphalt mix productionand laying temperatures. For example, high skid resistant Viagrip®

mix cuts breaking distance in half. Agrévia® combines aestheticsand safety by adding natural colour to the road. The NOxer® pollutionreducing process can now be added to noise barriers and pavementsto reduce pollution peaks caused by nitrogen oxides from roadtraffic. Recyclovia® is a unique process for cold in-situ recyclingof roads that uses a specially designed machine. Recycan®, a trench backfill material that requires no added raw materials,reduces worksite truck traffic by 70%. Last but not least, warmmix with aspha-min®, used around the world, limits greenhousegas emissions and saves energy.

, 5,000 sq. metres of NOxer® pavements, 315,000 sq. metres of Recyclovia®, 50,000 sq. metres of

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ENHANCING ACTIVITIES AND SITES Highlights As a contributor to regional and urban development, Euroviahas taken part in a large number of urban and industrial projects, such as the refurbishment of the boulevards inValence and the earthworks, utility networks and roads atthe Aube logistics hub in Troyes and the Edouard Herriot portin Lyons. Everywhere its teams have used their know-how to renovate historic monuments. A number of historic squaresand emblematic sites have been restored to their originalglory - the Royal Courtyard at the Château de Versailles, the medieval streets surrounding the Château des Ducs deBretagne in Nantes, the area around the arena in Nimes andthe Place Charles de Gaulle in Paris, where Eurovia is nowworking for the third consecutive year. In Prague, SSZ teamsrefurbished the Rasin Embankment along the Vltava underthe auspices of the city’s Institute for the Preservation ofHistoric Landmarks. The company also maintains the natural environment, for example taking part in the work to protect the cliffs along the Basque coast in Biarritz andbuilding roads as part of Mont Saint Michel restoration project.

Center Parc (northern France), Centre Pierre et Vacances (south-central France), Reims cathedral sSaint Jean de Malte square in Aix en Provence (southern France), courtyard and entrance at the C

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Photo: re-development of the surroundings of Neumarkt square,in front of the Frauenkirche in the historic centre of Dresden,Germany.

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l square (northern France), Bioscope park (eastern France), Tulle cathedral square (central France),e Château d’Ampuis (eastern France), seafront in Fort de France (Martinique), etc.

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Jana Ruzickova Head of the National Institute for the Preservation ofHistoric Landmarks in Prague from 1992 to 2007.

“Our cooperation with SSZ, Eurovia’s Czech subsidiary, goesback to 1995. The company carried out the four renovationprojects on the Rasin Embankment in Prague. Cobblestonelayers, blacksmiths and stonecutters are just some of the traditional crafts that are needed to renovate historic monu-ments and that SSZ continues to employ. Every effort wasmade to preserve the original foundations and techniques:the cobblestones were laid the same way, the granite andsandstone slabs for the retaining wall were cut by hand. Thequality of the work done was high and in addition, we had avery good working relationship. The deadlines were met andSSZ always responded to the specific requirements and requests that are inherent in projects like these. Moreover,during the Rasin Embankment renovation work the companyunexpectedly brought up fragments of statues and objects,such as firearms from the Second World War and gas lamps,from the bottom of the Vltava. These objects are now on display at the city museum.”

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IMPLEMENTINGMAJOR PROJECTS Highlights Eurovia builds roads and transport infrastructure, oftentaking on very large projects that require both technicallysophisticated skills and outstanding operational and logistical control. This year, its teams worked on some tenmotorways in France (A4, A6, A7, A9, A10, A31, A43, A64,A75), among other things widening the A42 in easternFrance to three lanes. In the Czech Republic, Eurovia’s subsidiary SSZ handed over a 12 km section of the D8 motorway between Prague and Dresden, Germany. SSZ is also working alongside Eurovia’s Slovakian subsidiary Eurovia Cesty on the pan-European highway that

crosses Slovakia east to west (D1). In Canada, the company widened the A55 motorway between Richmondand Avenir, near Drummondville. It also carried out a number of airport renovation, construction and runwayextension projects in 2006. In the northern French city of Méaulte, the company built an airfield to serve wide-bodied aircraft and a runway for a flying club. The teamsalso renovated the runways at the Tarbes and Marseille-Provence airports and built the Delta parking area atSaint-Exupéry airport in Lyons and the main services forTerminal 3 of the Toulouse-Blagnac airport.

Modernisation of the Karlovy-Vary airport (Czech Republic), Bocognano bypass (Corsica), Mougon bmotorway in Moravia, 7.5 km of the R6 expressway in western Bohemia (Czech Republic), widening a

22Photo: Eurovia teams lengthened the runway at theMetz-Nancy-Lorraine airport in three months.

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n bypass (eastern France), 20 km pavement of the D11 between Prague and Poland, 8 km of the D1g and renovation of interstates I-85 and I-485 in the United States, etc.

23Ben Dreiling Director of Construction at the Orlando-OrangeCounty Expressway authority.

In Florida, the Highway 408 expressway project is the largestconstruction project carried out to date by the Orange CountyExpressway Authority and it is being built by Hubbard,Eurovia’s U.S. subsidiary.“The problems encountered on this project were the following:traffic was very heavy on this section and we had to ensurethe safety of the construction crew and the users, meet theexpectations of customers, continue to collect toll fees andmanage a very lengthy project with several different, highlycomplex phases. The main advantage that we derive fromworking with a contractor like Hubbard is the quality of itswork and the know-how of its staff, with whom we had thepleasure of working on a common goal. Quality, safety, inte-grity and customer service are the main priorities at Hubbardand form part of its values. The company’s faultless commit-ment to meeting these goals while complying with its valuessubstantially simplifies the task when we have to address theproblems that invariably occur on every project.”

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LIGHT RAIL AND RAILROAD SYSTEMS ON TRACK

Highlights As a developer of urban rapid transit systemssuch as light rail, rubber-tyred tram and buslane systems, Eurovia offers expertise rangingfrom design-build (Clermont-Ferrand) to urbanworks, infrastructure construction and structuralfoundations. The company also lays track,thanks to the expertise of its Czech subsidiarySSZ, the leader in track laying in EasternEurope. In 2006, Eurovia worked on more thantwenty rapid transit system projects in France,

including the Grenoble light rail (Line C),Clermont-Ferrand and Lyons (Léa) light rail systems that were commissioned during theyear. In the Czech Republic, SSZ has beencontinuously involved in construction and renovation of the city’s light rail system since1952, as well as in building a number of railways, including the line that connects Praguewith Austria. Since 2005, Eurovia teams have alsobeen modernising the Corsican railway system.

Urban rapid transit projects in 2006: Bordeaux, Clermont Ferrand, Douai, Greoble, Le Mans, Lille, Saint Etienne, Strasbourg, Toulouse, Trans Val de Marne, Valenciennes, etc.

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, Lorient, Lyons, Marseilles, Maubeuge, Montpellier, Mulhouse, Nantes, Nice, Prague, Rouen,

25Photo: Eurovia designed and built theClermont-Ferrand light rail system incentral France.

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Louis VirgoulayVice-Chairman of the Clermont Ferrand SMTC.

“The SMTC urban rapid transit authority and Eurovia haveworked together for over 20 years, especially on the standingorder contract signed by the city of Clermont-Ferrand. Euroviateams successfully built Léo 2000, a 2 km experimental lightrail system section, so we had full confidence in them whenwe launched the city’s flagship design-build project - the firsttwo-directional rubber-tyred tram system guided by a 14 kmcentral rail. Apart from reliability of work and compliance withdeadlines, which were essential, I appreciated the quality ofmy discussions with the Eurovia teams, which were based ondialogue and trust and enabled us to successfully completethis major project. I have been involved with urban rapid transit in Clermont-Ferrand for 25 years and I am convincedthat the good working relationship between the city authoritiesand the contractors is crucial to the success of our projects.”

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PRODUCING AND TRANSPORTING MATERIALS

HighlightsThe production of road materials is an integrated part of our business at Eurovia, enabling the company to have an independent source of supplies for its worksites, with morethan 30 years’ worth of reserves. Eurovia is the leader in thesector in France and has locations throughout the country.Meanwhile, it is stepping up this business activity outside France. In February, it bought the Canadian Constructions et PavagesContinental Inc. company in Mauricie, a materials productioncomplex with 45 million tonnes of reserves. In September the company consolidated its industrial positions in Europe interms of both production and transport through a number of acquisitions. The first was Sutter in Germany, a companywhose major asset is the Oberottendorf quarry which produces 1.5 million tonnes of materials every year. Eurovia then took control of the Carrières unies de porphyre(CUP) company in Belgium, which operates two quarries, in Bierghes-Rebecq and Lessines respectively, which supply the Benelux and French worksites and produce 1.9 million tonnes annually.

Eurovia has over 210 quarries worldwide as well as 135 materials recovery and recycling facilities.

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s.

Photo: AST storage, transformation and tradingfacility in Antwerp, Belgium, for materials broughtfrom Scotland and Norway.

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Louis NatterHead of the Environment Charter of the UNICEMquarry industries.

“Two things set Eurovia apart on the materials productionmarket. First, the company’s recycling activity accounts for14% of its total production, whereas recycled materials account for only 4% of the French materials market. Second,it uses a substantially larger proportion of igneous solid rock- 36% - than the French industry as a whole - 29%. Eurovia’scommitment to the UNICEM Environment Charter is beingimplemented on the ground. To be sustainable and effectiveit must be implemented at all levels, from the top manage-ment of the company to the local decision makers. On the sites, employee involvement ensures that environmental andsocietal best practices are implemented. Meanwhile, regularawareness raising of all employees, combined with trainingactivities, are crucial to continuous improvement at all quarriesand recycling facilities. Protecting the environment is firstand foremost a mindset and a mindset can only be acquiredand become second nature if it is given impetus through strongand ambitious policy. Eurovia is doing that in a big way.”

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INTRODUCING NEW FORMS OF CONTRACTS

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Pictures: roads and urban works in Kosice,Slovakia.

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HighlightsTo accommodate changing French and international markets, Eurovia implements newsolutions. For example, with the new public private partnership (PPP) type contracts,which are tantamount to long-term partnerships, Eurovia provides a global offering thatincludes design, construction, maintenance and even operation of infrastructure. In Slovakia, starting in 2005, PPPs were used by the city of Kosice to build and renovatefive times more kilometres of roads. This type of contract aims to streamline works andcosts while supporting the client beyond infrastructure construction. In France, Euroviawas entrusted with the repair, maintenance, renovation and extension of the roads in thebusiness parks of the communauté de communes de l’Est tourangeau urban communityunder a six-year contract awarded after a competitive dialogue. During this unusual procedure, Eurovia proposed a customised and innovative offering to the client. These emerging contracts herald new relationships with public-sector clients in a long-term win-win road partnership concept.

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Jean-Jacques Filleul Chairman of the Communauté de Communes de l’EstTourangeau and Mayor of Montlouis sur Loire.

“One of our main goals is to achieve economic developmentin our urban community. This requires that we rebuild ourbusiness parks in which companies can operate and that wealso provide long-term maintenance. The competitive dialogueprocedure enabled us to spell out and expand our brief as wetalked with the companies we had short-listed. Eurovia’s offering was consistently good in all the criteria. It will enableus to develop the quality of our ten business parks and it madea contribution to our specifications. We will be working undera six-year contract, so that we can take a long-term approach.The company provides us with the know-how, innovation andsustainable development we need. The easy discussions between the urban community and Eurovia, the teamworkdone by both parties, show how important it is to have a goodrelationship between public-sector clients and the privatesector. The contract makes Eurovia a fully-fledged partner ofthe communauté de communes de l’Est tourangeau.”

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30Photo: Ringway teams install road signs in Gloucester,United Kingdom.

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PROVIDING ROAD-RELATED SERVICES

HighlightsRoads constitute infrastructure that must be made safe and comfortable for users. Eurovia therefore develops related servicessuch as road maintenance, road marking, permanent and temporary road signs, winter maintenance, management andsupervision. This complements the road construction business lineand enables Eurovia to provide global offerings, supporting itsclients from design through construction and offer long-term support in the form of routine repairs and emergency response. In 2006, Ringway, Eurovia’s British subsidiary specialising in thesetypes of services, signed or renewed seven long-term maintenancecontracts throughout the United Kingdom. Those that cover the maintenance of the road network in north-eastern and south-eastern Scotland are five year contracts with possible two-yearextensions. Another example of services based on local roots is the Eurovia entity in the United Kingdom that was selected to paint1,525 police vehicles in several districts in the south-western partof the country.

Long-term maintenance contracts: Devon County, Kent County, Solihull Metropolitan Borough Council, W

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, Wiltshire County, Transport for London Central, North East Scotland, South East Scotland.

Graeme Hay Service Manager for the Wiltshire Highways road network management authority.

The partnership between Eurovia’s British subsidiaryRingway and Wiltshire in the south-western part of the country goes back nearly ten years. After winning a first limited-term contract in 1998 that covered maintenance ofthe Wiltshire road network, the company recently won a further five-year contract with a value of over £120 million.“Our working relationship with Ringway enabled us to improve our network management and maintenance methods in the county, making them more efficient and adopting a focus on quality and on service to road users. We have made progress in many areas since the start of thecontract - particularly in innovative techniques and equipmentto ensure the efficiency and effectiveness of the WiltshireHighways maintenance programme. This programme, called“Parish Stewards”, has been a resounding success.”

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ALBANIA

ALBAVIARruga Sulejman DelvinaAp. 19 TiraneT/ +355 4 226 207F/ +355 4 257 767

BELGIUM

EUROVIA BELGIQUEAvenue Adolphe Wansart, 121180 UCCLET/ +32 2 370 64 50F/ +32 2 370 64 59

CANADA

CONSTRUCTION DJL inc.1550, rue AmpèreBureau 200Boucherville Longueuil(Québec) J4B 7L4T/ +1 450 641 80 00F/ +1 450 655 12 01

CHILE

CONSTRUCTORA DE PAVIMENTOSASFALTICOS BITUMIX LimitadaLos tres Antonios 3172Macul, SantiagoT/ +56 2 680 30 00F/ +56 2 238 03 16

PROBISA CHILECerro Sombrero n° 1010 Maipú, SantiagoT/ +56 2 538 59 00F/ +56 2 538 41 43

CZECH REPUBLIC

STAVBY SILNIC A ZELEZNIC (SSZ)Národní Trída 10 113 19 Praha 1T/ +420 2 24 95 20 21F/ +420 2 24 93 35 51

GERMANY

EUROVIA TEERBAU GmbHRheinbabenstr. 75D-46240 BottropT/ +49 2041 792-301F/ +49 2041 792-304

EUROVIA INDUSTRIE GmbHRheinbabenstr. 75D-46240 BottropT/ +49 2041 792-301F/ +49 2041 792-304

EUROVIA VERKEHRSBAU UNIONGmbHFranck-Zappa-Str. 11D-12681 BerlinT/ +49 30 54 684-201F/ +49 30 54 684-809

EUROVIA BETON GmhH Caputher Chaussee 1 aD-14552 MichendorfT/ +49 33205 76-201F/ +49 33205 76-209

EUROVIA GESTEIN GmhH Wilhelm-Rönsch.St.2D-0154 RadebergT/ +49 3528 4824-0F/ +49 3528 4824-63

ITALY

BATECStrada Cipata, 11846038 MantrovaT/ +39 0376 378 412F/ +39 0376 378 263

LITHUANIA

EUROVIA LIETUVALiepkalnio 852033 VilniusT/ +370 5 21520 50F/ +370 5 21521 41

POLAND

EUROVIA POLSKAUl. Sosnowiecka 1141-400 MyslowiceT/ +48 32 31 83 500F/ +48 32 31 83 501

RUMANIA

VIAROM CONSTRUCTStr. Intrarea Glucozei 37-39Tronson 1, ParterSector 2 - BucurestiT/ +40 21 242 06 88F/ +40 21 242 06 90

SLOVAKIA

EUROVIA CESTYPri Trati 25 a821 06 BratislavaT/ +421 240 203 711F/ +421 245 525 210

SPAIN

PROBISA TECNOLOGÍA YCONSTRUCCIÓN, S.A.Calle Gobelas 25, 27Planta 3° 28023 La Florida - MadridT/ +34 91 708 29 54F/ +34 91 372 90 22

UNITED KINGDOM

RINGWAY GROUP LtdAlbion HouseSpringfield Road - HorshamWest Sussex RH12 2RWT/ +44 1403 215 800F/ +44 1403 215 805

UNITED STATES

HUBBARD GROUP1936 Lee Road, Winter Park,Floride 32789T/ +1 407 645 55 00F/ +1 407 623 39 85Adresse postale :PO BOX 547 217 - OrlandoFL 32 854 (USA)

I N T E R N A T I O N A L

F R A N C E

A D D R E S S E S

OVERSEAS FRANCE

CARAIB - MOTERZI de la LézardeVoie N°2 - BP 43597292 Le Lamentin Cedex 02MartiniqueT/ +33 5 96 51 69 55F/ +33 5 96 51 53 74

JEAN LEFEBVRE PACIFIQUEBP 320 - ZI de Ducos98845 Nouméa cedexNouvelle-CalédonieT/ +687 24 28 20F/ +687 24 28 24

JEAN LEFEBVRE POLYNÉSIEZone industrielle de la PunaruuBloc Socredo - P 380 622 -TamanuPunaauia - TahitiT/ +689 42 09 46F/ +689 41 07 72

EUROVIA18, place de l’Europe92565 Rueil-Malmaison cedexT/ +33 1 47 16 38 00F/ +33 1 47 16 38 01

EUROVIA PICARDIEBoulevard Henri BarbusseBP 10064 60777 ThourotteT/ +33 3 44 90 40 51F/ +33 3 44 90 40 50

EUROVIA NORD PAS-DE-CALAIS4e avenue Port FluvialBP 1859374 Loos cedexT/ +33 3 20 66 83 83F/ +33 3 20 66 83 84

EJL NORDZI de Douai Dorignies380, rue Jean PerrinBP 52559505 Douai cedexT/ +33 3 27 99 16 66F/ +33 3 27 99 16 67

EUROVIA ILE-DE-FRANCERue Louis Lormand - BP 53678320 Le Mesnil-Saint-DeniscedexT/ +33 1 30 13 85 00F/ +33 1 30 62 69 77

EJL ILE-DE-FRANCE7, rue Gustave Eiffel - BP 8291351 Grigny cedexT/ +33 1 69 02 23 46F/ +33 1 69 25 92 09

EUROVIA FRANCILIENNEVoie de Seine5, rue Paul Painlevée ProlongéeBP 594290 Villeneuve-le-RoiT/ +33 1 49 61 47 00F/ +33 1 49 61 35 51

EUROVIA HAUTE-NORMANDIE6, rue du Champ des BruyèresBP 8176802 Saint-Etienne-du-Rouvray cedexT/ +33 2 32 91 70 71F/ +33 2 35 66 38 91

EUROVIA BASSE-NORMANDIE Zone portuaire14550 Blainville-sur-OrneT/ +33 2 31 35 76 28F/ +33 2 31 72 54 42

EUROVIA PAYS-DE-LA-LOIRE5 bis, rue de Bel Air44470 CarquefouT/ +33 2 51 85 27 01F/ +33 2 51 85 27 10

EUROVIA BRETAGNE45, rue du Manoir de Servigné CS 3434435043 Rennes cedexT/ +33 2 99 14 04 24F/ +33 2 99 14 04 20

EUROVIA CENTRE-LOIRE ZI n° 2 - Rue Joseph Cugnot BP 30106 37301 Joué-les-Tours cedexT/ +33 2 47 78 15 30F/ +33 2 47 78 15 39

EUROVIA MIDI-PYRENEES308, avenue des Etats-Unis31200 ToulouseT/ +33 5 62 72 72 73F/ +33 5 61 13 22 90

EUROVIA POITOU -CHARENTES - LIMOUSINBP 204479011 Niort cedex 09T/ +33 5 49 25 99 00F/ +33 5 49 25 99 09

EUROVIA AQUITAINE Domaine de PelusAxis Business Park18, avenue de PythagoreBât.E - BP 9035333694 Mérignac cedexT/ +33 5 57 92 89 40F/ +33 5 57 92 89 59

EUROVIA PACA140, rue Georges Claude BP 5700013792 Aix-en-Provence cedex 3T/ +33 4 42 39 34 40F/ +33 4 42 60 08 64

EUROVIA LANGUEDOC- ROUSSILLONZAE La Biste-CS 2 Baillargues34748 Vendargues cedex T/ +33 4 67 91 26 26F/ +33 4 67 91 20 55

EJL MEDITERRANEEQuartier La Salle13320 Bouc-Bel-AirT/ +33 4 42 22 30 42F/ +33 4 42 22 17 59

EUROVIA DROME - ARDECHE - LOIRE - AUVERGNE (DALA)ZI Molina La Chazotte8, rue du Puits Lacroix42650 Saint-Jean BonnefondsT/ +33 4 77 48 10 40F/ +33 4 77 48 16 01

EUROVIA RHONE-ALPES63, rue André Bollier69361 Lyon cedex 07T/ +33 4 72 71 22 66F/ +33 4 72 72 03 80

EUROVIA CHAMPAGNE-ARDENNERue Louis Freycinet - BP 610121 Saint-André-les-VergerscedexT/ +33 3 25 79 90 19F/ +33 3 25 78 07 37

EUROVIA ALSACE FRANCHE-COMTE84, rue de l’Oberharth68027 ColmarT/ +33 3 89 22 38 22F/ +33 3 89 22 38 23

EUROVIA LORRAINEVoie Romaine - BP 8074057147 Woippy cedexT/ +33 3 87 51 39 57F/ +33 3 87 51 10 20

EUROVIA BOURGOGNE134, avenue de la Gare21220 Gevrey-ChambertinT/ +33 3 80 34 39 33F/ +33 3 80 34 01 25

EUROVIA Filiales spécialisées7, route Principale du Port92230 GennevilliersT/ +33 1 41 47 37 77F/ +33 1 47 94 04 37

Design and layout: Bureau de Création 01 41 27 93 60Photo credits: Jean-Louis Aubert, Can Am Production, Bran Dressler, Cyrille Dupont, Axel Heise, Philippe Hirsche, Christophe Huret, Cécile Rogue, Jean-Marc Rohmer, Photothèque Eurovia.

EUROVIA18, place de l’EuropeF - 92565 Rueil-Malmaison cedexT/ +33 1 47 16 38 00F/ +33 1 47 16 38 01

www.eurovia.frwww.eurovia.com