In Europe, sales rose 8.7% during the
quarter, confirming the rate of growth seen in the first half. Schneider
Electric says it is benefiting fully from powerful momentum in its end markets.
The clear upturn in capital spending in the industry and non-residential
building markets continued across virtually the entire region, with growth of
more than 10% in Northern Europe, Spain and Italy.

Sales increased by more than 20% in Eastern
Europe.

In North America, sales growth of 5.6% was
impacted by a higher basis of comparison than in the previous quarters.
Nevertheless, the business trend remained solid, with strong demand in all
nonresidential construction segments amply offsetting the residential market’s
slowdown, Schneider reported.  Services and energy management continued
to expand sharply.

Sales in the Asia-Pacific region continued
to increase at fast pace, up 15.0%. After making up for low invoicing volumes in
the second quarter, operations in China were able to report growth in excess of
15% for the first nine months. Schneider Electric pursued its intensive
development in India, where sales expanded by nearly 35% in the third quarter.
Sales in the other Asian countries increased strongly against a backdrop of very
favorable regional environment.

In the Rest of the World, sales gained 19.6%
compared with nearly 20% in third-quarter 2005. This performance reflects
ongoing expansion in the oil and mining industries in the
Middle East, South America and
Africa.

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