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    Jean-Pascal Tricoire has been appointed Chief Operating Officer

    Rueil-Malmaison, October 27, 2003- To accelerate our growth, achieve a better balance among our Operating Divisions and enhance their cohesion, further internationalize our management teams and develop their responsibilities, Jean-Pascal Tricoire, Executive Vice-President, International Division, has been appointed Chief Operating Officer of Schneider Electric, effective today.

    Antoine Giscard d’Estaing, Jean-François Pilliard and Eric Pilaud will remain responsible for their respective functions—Finance and Control, Human Resources and Communication, and Strategy—and continue to report directly to Henri Lachmann, Chairman and Chief Executive Officer.

    Jean-Pascal Tricoire will be responsible for the other corporate functions and all the Operating Divisions, which will now be organized as follows:
    > North America, led by Chris Richardson.
    > Europe (excluding Iberian Peninsula), led by Christian Wiest.
    > South America, Iberian Peninsula, Africa and Middle East, led by Julio Rodriguez.
    > Asia-Pacific, led by Russell Stocker.

    Julio Rodriguez, currently head of the Iberian Peninsula, Spain and Portugal Zone, and Russell Stocker, currently head of Greater China, will join the Schneider Electric Executive Committee.

    About Schneider Electric
    Schneider Electric
    Give the best of the New Electric World
    To everyone, everywhere, at any time

    Schneider Electric, the world's Power & Control specialist with leading mondial brands such as Merlin Gerin, Square D and Telemecanique, offers a comprehensive range of products and services for the following markets: residential, buildings, industry and energy and infrastructure.
    Schneider Electric's 74 800 employees generated sales of EUR 9.1 billion in 2002 through 13,000 sales outlets in 130 countries.