PRESS RELEASE

Eimco Water Technologies – will supply equipments for the new seawater cooling capacity in Kuwait

Colchester, UK, October 12, 2006 – Eimco Water Technologies Limited, a division of GROUPE LAPERRIÈRE & VERREAULT INC. (ticker symbols GLV.A, GLV.B/TSX) is pleased to announce that it has been awarded an order to supply filtration and intake systems by Petrochemical Industries Co (K.S.C.), Safat, Kuwait, for a new closed circuit seawater system.

This order is part of a major addition project to increase the seawater cooling capacity in the Shuaiba IndustrialArea in Kuwait to cover the cooling water needs of two new petrochemical projects, namely the Olefins-2 Kuwait Project, a joint project between PIC and The Dow Chemical Company, and the Aromatics Project of the Kuwait Paraxylene Production Company, a majority owned subsidiary of PIC. Thisadditional seawater cooling capacity is planned to be supplied thru a new Closed Circuit Seawater System.

Eimco Water Technologies will provide one Brackett Green Seawater Make-Up Filter and two Brackett Green Seawater cooling/Lubrication filters to be installed in the Closed Loop Pipeline to filter debris from the system before the cooling liquid is introduced to the user plants. For the intake part of the work-scope, Eimco Water Technologies will install Stop Gates and Screens in the sea water intake and intake bays of the cooling water pumping station to prevent debris from entering the pumps and prevent maintenance problems further down the line. The delivery is schedule for the first quarter of 2007.

Profile

Founded in 1975, GL&V is a world leader in liquid/solid separation technologies used in a large number of industrial, municipal and environmental processes. Its Process Group (Dorr-Oliver Eimco) offers a broad range of products and services intended for metal and ore processing, as well as industrial and environmental processes used in various other sectors such as chemicals and petrochemicals, food processing, pulp and paper and energy. The Water Treatment Group (Eimco Water Technologies) is focused on the development and worldwide marketing of process equipment in the treatment of drinking water and wastewater. Through its Pulp and Paper Group, GL&V also specializes in the design and marketing of equipment for various stages of pulp and paper production. Finally, GL&V Manufacturing specializes in the production of large custom-made parts for external customers involved mainly in the pulp and paper and energy sectors, as well as GL&V’s other units. GL&V is present in 40 countries on six continents and has close to 1,700 employees.

Contact Information

Alan Barber, Contracts Manager, Eimco Water Technologies Limited

Phone: +44 1206 756631

E-mail: