AREVA: Renewal of the French Nuclear Industry

Regulatory News:

The French State has announced a series of guidelines to renew the French nuclear industry. Areva (Paris:AREVA) and its governing authorities will work in complete cooperation with EDF on the roadmap as it is defined, notably on the terms of an agreement for a global strategic partnership and the conditions for EDF to take a majority stake in the capital of AREVA NP.

For entirety of the company’s businesses, the urgency for the competitiveness measures remains. As has always been the intention of the company, these efforts must be the subject of an exemplary social dialogue, and the discussions with the social partners will continue. AREVA will study the impact of the French State’s guidelines on the information-consultation procedures which were planned for the month of June.

MORE ABOUT AREVA

AREVA supplies high added-value products and services to support the operation of the global nuclear fleet.

The company is present throughout the entire nuclear cycle, from uranium mining to used fuel recycling, including nuclear reactor design and operating services.

AREVA is recognized by utilities around the world for its expertise, its skills in cutting-edge technologies and its dedication to the highest level of safety.

Through partnerships, the company is active in the renewable energy sector.

AREVA’s 44,000 employees are helping build tomorrow’s energy model: supplying ever safer, cleaner and more economical energy to the greatest number of people.

Tour AREVA – 1 Place Jean Millier – 92400 COURBEVOIE – France – Tel : +33 (0)1 34 96 00 00 – Fax : +33 (0)1 34 96 00 01

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