Saint-Gobain

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CLOSURE OF THE DISPOSAL OF ESSILOR SHARES

Compagnie de Saint-Gobain announces the simultaneous closure, on November 7, of the public offer and the private placement of 21.9% Essilor's share capital, the remaining 10% being bought back by Essilor. The price fixed for all these transactions is E 275 per share, giving total proceeds of E 929 millions to Compagnie de Saint-Gobain from the disposal.

After these operations, Compagnie de Saint-Gobain will no longer hold any Essilor shares.

08/11/2000