Sales for the First Nine Months of 2009: EUR23.2 Billion (-3%) EUR23.4 Billion (-3%) Excluding the Sale of Finagestion

PARIS, November 12 - 1. Sales

In the first nine months of 2009, the Bouygues group reported
consolidated sales of EUR23.2 billion, down 3% on the previous year
like-for-like and at constant exchange rates. Excluding the sale of
Finagestion, nine-month sales decreased 3% to EUR23.4 billion.

    Sales
    by business area        9-month    9-month         %
    (EUR million)               2008      2009      change

    Bouygues Construction      6,971     7,133       +2%
    Bouygues Immobilier        1,988     2,154       +8%
    Colas                      9,615     8,684      -10%
    TF1                        1,864 (1) 1,628      -13%
    Bouygues Telecom           3,762     3,960       +5%
    Holding company and          127 (2)   104        ns
    other

    Intra-Group                 (412)(2)  (495)       ns
    elimination

    Total                      23,915    23,168      -3%
    France                     16,499(1) 15,924      -3%
    International              7,4162(2)  7,244      -2%

Applying the same accounting policy as in 2009:

(1) excluding TF1 third-party sales (EUR16 million);

(2) impact of the exclusion of sales of Finagestion, which is currently
being sold (EUR227 million in Holding company and other, -EUR38 million in
Intra-Group elimination).

Bouygues Construction recorded a 2% increase in sales, up 1%
in France and 5% internationally.

Order intakes in the first nine months totalled EUR6.5
billion, down 23%. The order book was down 8% on end-September 2008 at
EUR11.5 billion. A number of major contracts, and in particular the Miami
tunnel worth EUR440 million, have yet to be booked.

Bouygues Immobilier posted an 8% rise in sales, up 15% for
residential property and down 2% for commercial property.

Residential property business activity maintained momentum in
the third quarter, buoyed by the Scellier tax incentive scheme. At
end-September 2009, residential property reservations rose 32% at EUR1,260
million. Commercial property reservations remained very low in a market that
has ground to a halt.

The order book stood at EUR2.5 billion, down 29% on end-September 2008.

Sales at Colas decreased 10%, both in France and internationally.

In France, the strong upturn in the third quarter expected
from the full impact of the stimulus plan failed to materialise, owing to
uncertainty concerning the tax revenues of local authorities. Against a
backdrop of falling prices, Colas continued to focus on profitability rather
than volume.

On international markets, the drop in sales linked to the
completion of major projects was not offset by the expected impact of
stimulus plans in the US, transferred in part to 2010. In Central Europe,
Colas is facing a sharp decline in public expenditure.

Also, the impact of falling asphalt prices on sales in the
first nine months is estimated at EUR200 million.

At end-September 2009, the order book remained nonetheless
high at EUR6.7 billion, up 5% on end-September 2008 - or an increase of 3% in
France and 8% internationally.

Sales at TF1 dropped 13% over the first nine months of 2009
but showed a significant improvement in the third quarter - down 3% on
third-quarter 2008, compared with a 15% decrease in the second quarter and a
18% drop in the first quarter.

Sales at Bouygues Telecom rose 5%. Sales from network grew 3%
to EUR3,620 million, despite a 29.4% cut in call termination rates at 1 July
2009.

In third-quarter 2009, the mobile and fixed-line businesses
achieved an excellent commercial performance.

In third-quarter 2009, Bouygues Telecom attracted 172,000 new
mobile customers, compared with 9,000 in third-quarter 2008 - or 35% of net
market growth(1). At 30 September 2009, Bouygues Telecom had 10,066,000 mobile
customers, of whom 7,666,000 on call plans (76.2% of the total customer base,
an increase of 0.7 points over one year).

The fixed-line business confirmed its successful start with
103,000 net subscriptions(2) in the third quarter. At end-September, 173,000
Bbox routers had been activated(3), or 89,000 additions.

(1) ARCEP data (French communications regulator)

(2) Number of new contracts signed during the quarter, less the
number of cancellations

(3) Bbox routers in operation or the number of customers billed

2. Significant events since 30 June 2009

    - 8 July 2009: Bouygues Construction won a new hospital
      contract for almost EUR260 million in Amiens.

    - 17 August 2009: the Tram-Tiss group, bringing together
      Colas, as lead firm, and Bouygues Travaux Publics, was designated
      as the preferred bidder for the construction of the regional Tram-Train
      system on Reunion Island.

    - 23 September 2009: Bouygues Telecom topped the 10-million
      mobile customer mark and sold more than 200,000 iPhones.

    - 20 October 2009: Bouygues Construction signed a major
       contract worth EUR440 million to build a tunnel in Miami, USA.

    - 3 November 2009: Bouygues sold 35.7% of its subsidiary
      Finagestion to ECP (Emerging Capital Partners).

3. Overview of the financial situation and results at 30 September 2009

    - The general trend in results in third-quarter 2009 compared
      with third-quarter 2008 should be more favourable than second-quarter
      2009 compared with second-quarter 2008.

    - The financial situation is solid with net debt down on
      end-September 2008.

    - In light of actual sales at end-September 2009 and current
      business activity, the Group is confirming its sales target announced
      on 27 August 2009, excluding the estimated contribution from
      Finagestion of EUR330 million.

Earnings for the first nine months of 2009 will be released on

1 December 2009 at 5.45pm (CET). www.bouygues.com

Annex

    Contribution of business
    areas to sales               9-month     9-month         %
    (EUR million)                  2008         2009    change

    Bouygues Construction         6,746(3)     6,832       +1%
    Bouygues Immobilier           1,988        2,137       +7%
    Colas                         9,569        8,627      -10%
    TF1                           1,851(1)     1,612      -13%
    Bouygues Telecom              3,750        3,947       +5%
    Holding company and other        11(2)        13        ns

    Total                        23,915       23,168       -3%
    France                       16,499(1)    15,924       -3%
    International                 7,416(2&3)   7,244       -2%

Applying the same accounting policy as in 2009:

(1)excluding TF1 third-party sales (EUR16 million);

(2)impact of the exclusion of sales of Finagestion, which is currently
being sold (EUR205 million in Holding company and other);

(3)Reintegration of Bouygues Construction sales to Finagestion (EUR16
million).

    Sales
    by business area              Q3       Q3         %
    (EUR million)               2008     2009    change

    Bouygues Construction      2,377    2,375         =
    Bouygues Immobilier          688      721       +5%
    Colas                      3,984    3,568      -10%
    TF1                          512(1)   498       -3%
    Bouygues Telecom           1,297    1,335       +3%
    Holding company and           41(2)    31        ns
    other

    Intra-Group elimination    (158)(2)  (150)       ns

    Total                      8,741    8,378       -4%
    France                     5,613(1) 5,428       -3%
    International              3,128(2) 2,950       -6%

Applying the same accounting policy as in 2009:

1excluding TF1 third-party sales (EUR5 million);

2impact of the exclusion of sales of Finagestion, which is currently
being sold (EUR76 million in Holding company and other and -EUR12 million
in Intra-Group elimination).

    Contribution of business
    areas to sales                  Q3               Q3           %
    (EUR million)                  2008             2009     change

    Bouygues Construction         2,285(3)         2,285          =
    Bouygues Immobilier             689              717        +4%
    Colas                         3,960            3,548       -10%
    TF1                             510(1)           492        -4%
    Bouygues Telecom              1,293            1,331        +3%
    Holding company and other         4(2)             5         ns

    Total                         8,741            8,378        -4%
    France                        5,613(1)         5,428        -3%
    International                 3,128(2&3)       2,950        -6%

Applying the same accounting policy as in 2009:

(1)excluding TF1 third-party sales (EUR5 million);

(2)impact of the exclusion of sales of Finagestion, which is currently
being sold (EUR67 million in Holding company and other);

(3)Reintegration of Bouygues Construction sales to Finagestion (EUR3
million).

Press contact: +33-(0)-1-44-20-12-01, presse at bouygues.com; Investor and analyst contact: +33-(0)-1-44-20-12-77, investors at bouygues.com