Saint-Gobain, Hongfa Form Joint Venture

The Reinforcements Division of France-based Saint-Gobain has entered into an 80/20 agreement with
HongFa Co., China, for the creation of Saint-Gobain Technical Fabrics HongFa (Changzhou). The joint
company will provide technical fabrics at competitive prices to the Asian market. According to
Saint-Gobain, HongFa’s composite and geotextile products sales and marketing abilities and its
knowledge of the Chinese market made the company a good fit with Saint-Gobain’s technical
capabilities and global reach.

April 2004