Valeo Earns Five Awards From Toyota, Including the Top Quality Award

Paris (ots/PRNewswire) - Valeo announced today that it has earned
five awards from Toyota Motor Europe, including the Superior
Performance Award in Quality.

The awards, presented yesterday at Toyota's Annual Business
Meeting in Brussels, are the following:

- A Superior Performance Award, in the Quality category, given to
the Valeo Group. This is the highest recognition offered by the
Japanese carmaker to a supplier.

- An Achievement Award, in the Cost Management category, given to
the Valeo Group.

- An Achievement Award, in the Project Management category, given
to Valeo Lighting Systems.

- Two Recognition Certificates, in the Supply category, given to
Valeo Security Systems and to the Valeo Transmissions Amiens site.

"Toyota is one of the most demanding automotive manufacturers in
the world. These prestigious awards demonstrate the huge progress
made by Valeo in recent years in drastically improving its quality
to reach world class levels," said Thierry Morin, Chairman and CEO
of Valeo. "It is great recognition for all Valeo employees for whom
quality is a daily obsession."

The Superior Performance Award recognizes the quality performance
of all 19 Valeo manufacturing sites supplying Toyota's plants in
Europe, which significantly decreased their annual ppm (rejected
parts per million) and dpm (delivery performance per million) levels
over a three-year period. Last year, Valeo received two Superior
awards from Toyota for the quality performance of the Valeo
Transmissions Amiens and Valeo Lighting Angers sites.

Eight Valeo Product Families today equip Toyota vehicles produced
in Europe, including the successful Aygo and the new Auris models.

At Group level, Valeo reached the historically low level of 15 ppm
in customer line returns at the end of 2006, compared to 53 ppm three
years ago. Nearly 50% of Valeo sites are now constantly below 10 ppm.

Valeo is an independent industrial group dedicated to the design,
production and sale of components, integrated systems and modules for
cars and trucks. It is one of the world's leading automotive
suppliers. The Group has 129 production sites, 68 R&D centers, 9
distribution platforms, and employs 69,800 people in 29 countries
worldwide.

For all additional information, please contact:
Antoine Balas
Media Relations
Tel: +33-1-40-55-29-36
Remy Dumoulin
Investor Relations
Tel: +33-1-40-55-29-30

Rückfragehinweis:
For all additional information, please contact:Antoine Balas, Media
Relations, Tel: +33-1-40-55-29-36. Remy Dumoulin, Investor Relations,
Tel: +33-1-40-55-29-30

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