The distribution of this press release is not made, and has not been approved, by" an authorised person" within the meaning of section)21(1 of the Financial Services and Markets Act 2000 . As a consequence, this press release is directed only at persons who (i) are located outside the United Kingdom, (ii) are investment professionals falling within Article)19(5 of the Financial Services and Markets Act 2000 (Financial Promotions) Order 2005 (as amended", the Order") ,or (iii) are high net worth entities and other persons to whom it may be lawfully communicated falling within Article))49(2 (a to (d) of the Order (all such persons mentioned in paragraphs (i), (ii) and (iii) collectively being referred to as" Relevant Persons") . The securities of Electricité de France S A are directed only at Relevant Persons and no invitation, offer or agreements to subscribe, purchase or acquire the securities may be proposed or made other than with Relevant Persons.