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EDF_Q1_2016_PR

3 4 Adjusted for interest payments on hybrid issues booked in equity Excluding Linky and new developments net of disposals 2 PRESS RELEASE 10 May 2016 Board of Directors ' meeting held on 22 April 2016 During its meeting held on 22 April 2016. EDF's Board of Directors reviewed the Group's long-term financial trajectory under the new adverse market price conditions .

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