RNS Number:3321H
Compagnie de Saint-Gobain
08 November 2007



                      SAINT-GOBAIN IS SETTING UP IN VIETNAM

Paris, November 8, 2007


Saint-Gobain Gypsum (Construction Products Sector of Saint-Gobain) announces the
acquisition of all the stockholder's equity of the Vietnamese company Vinh Tuong
Joint Venture, created at the beginning of 2007 and owned by Vinh Tuong
Corporation, Universal Cement (Taiwan) and Compact Resources (Singapore).



The company, Vinh Tuong Joint Venture, has a manufacturing plant located near Ho
Chi Minh City which can produce up to 9 million square meters of plasterboard.



It currently employs 84 employees.



Vietnam benefits from the high growth of the building market, and particularly
of the plasterboard market whose use has been recently introduced in this
country.



This acquisition will enable Saint-Gobain Gypsum - which has been exporting to
Vietnam via its Thai company for more than 10 years - to consolidate its strong
position in the Vietnamese market and to enhance customer service. Moreover, it
constitutes the first industrial site of the Group in Vietnam, and for this
reason, represents a platform for development of other activities of the Group,
in particular within the Construction Products Sector.



This acquisition is in line with the strategy to develop the Construction
Products Sector in emerging countries. During the last twelve months, companies
within the Sector have invested in Colombia (acquisition of FiberGlass in
insulation), in the United Arab Emirates (construction of a plasterboard plant
in Abu Dhabi), in Argentina (acquisition of Iggam specializing in industrial
mortars and plaster), in South Africa (Owens Corning South Africa in insulation
- TAC and Tylon leading manufacturers of industrial mortars) and in Turkey
(acquisition of Izocam in insulation and a mortar production plant in Ankara).



With 45,000 employees worldwide and 250 consolidated companies, the Construction
Products Sector of Saint-Gobain is a leader in all its businesses: insulation
(Isover), gypsum (Placo, Gyproc, Rigips), exterior products (CertainTeed),
industrial mortars (Weber) and pipe (PAM). In 2006, it had consolidated sales of
Euro10.9 billion, representing 24% of the Saint-Gobain Group's overall sales.

                         Investor Relations Department



Mrs Florence TRIOU-TEIXEIRA        Tel.: +33 1 47 62 45 19
Mr Alexandre ETUY                  Tel.: +33 1 47 62 37 15
                                   Fax.: +33 1 47 62 50 62


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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