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    Decision of the Nanterre commercial court following the appeal in summary proceedings filed by Legrand

    Schneider Electric has noted the decision of the Nanterre commercial court and is examining the ensuing situation, notably the possibility of an appeal, which could be filed on Monday November 25, 2002.

    As indicated in the press release issued on October 25, 2002, Schneider Electric underlines that the Board of Directors, which is to convene soon, will adjudicate on the two options under consideration regarding Legrand : sale to the KKR / Wendel Investissement consortium or merger with Schneider Electric.