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The issue price of the new shares is 10 08 euro per share, equal to 90 % of the average of the opening prices of the EDF shares listed on the Euronext Paris regulated market over the twenty trading days prior to 12 May 2016, date of the Combined Shareholders ' Meeting, less the amount of the balance of the dividend, rounded up to the next highest euro cent.

The issue price of the new shares is 7 04 euro per share, equal to 90 % of the average of the opening prices of the EDF shares listed on the Euronext Paris regulated market over the twenty trading days prior to 18 May 2017, date of the Combined Shareholders ' Meeting, less the amount of the balance of the dividend, rounded up to the next highest euro cent.

The share price for the new shares which will be issued as payment of the 2016 interim dividend is set by the Board of Directors at euros 9 62 . This price is equal to the average opening price on the Euronext Paris for the twenty trading days preceding September 30 2016, reduced by the net amount of the interim dividend, with a 10 % discount, rounded up to the nearest cent.