RNS No 7821p
COMPAGNIE DE SAINT-GOBAIN
6th January 1999


In accordance with the agreement reached between SAINT-GOBAIN and PARIBAS in May
1996, under which SAINT-GOBAIN was to acquire gradually all of POLIET shares
owned by PARIBAS (56.6% of POLIET's share capital), Compagnie de SAINT-GOBAIN
bought, on January 4th, 1999, the remaining holding of PARIBAS in POLIET's
share capital, for a total amount of 411,3 million EURO (2 698 million French
francs).

Following this transaction, Compagnie de SAINT-GOBAIN, which now owns 96.13% of
POLIET'S share capital, is considering making a cash tender offer for all
remaining POLIET shares, to be followed by a compulsory buy-out (under French
legal rules).

The trading of the POLIET shares has been suspended by the Societe des Bourses
Francaises (S.B.F.), pending the possible making of an appropriate filing by
Saint-Gobain.

TEL: FLORENCE TRIOU  33 1 47 62 45 19
TEL: LOUNIS BEKKAT   33 1 47 62 32 36


END

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