Résultats

Elles correspondent, de part, aux effets des évaluations en valeur de marché des titres de dettes ainsi... Dans un contexte de volatilité des marchés financiers, les paramètres concourant aux estimations retenues sont fondés sur des hypothèses macroéconomiques adaptées au cycle de très long terme des actifs du Groupe.

182- VISA DE L' AUTORITE DES MARCHES FINANCIERS En application de articles L. 412- 1 et L 621 -8 du Code monétaire et financier et de son règlement général.

BASE PROSPECTUS Electricité de France 16 000 000 000 PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS Application has been made to the Autorité des marchés financiers (the" AMF") in its capacity as competent authority under French law for debt instruments (the" Instruments") issued under the programme (the" Programme' ')described in this Base Prospectus to be listed on the Paris Stock Exchange (Euronext Paris) during a period of twelve months after the date hereof.

Application has been made to the Autorité des marchés financiers (the" AMF") for approval of this Base Prospectus in its capacity as competent authority under the Prospectus Directive... -4- TABLE OF CONTENTS SUMMARY RÉSUMÉ EN FRANCAIS (SUMMARY IN FRENCH) RISK FACTORS DOCUMENTS INCORPORATED BY REFERENCE SUPPLEMENT TO THE BASE PROSPECTUS TEMPORARY GLOBAL CERTIFICATES MATERIALISED BEARER NOTES TERMS AND CONDITIONS OF THE NOTES USE OF PROCEEDS DESCRIPTION OF THE ISSUER DESCRIPTION DE L' EMETTEUR (DESCRIPTION OF THE ISSUER IN FRENCH) RECENT EVENTS FORM OF FINAL TERMS TAXATION SUBSCRIPTION AND SALE GENERAL INFORMATION PERSONS RESPONSIBLE FOR THE BASE PROSPECTUS VISA OF THE AUTORITÉ DES MARCHÉS FINANCIERS ISSUED IN RESPECT OF 6 15 25 63 67 68 70 106 107 112 118 126 150 157 162 165 166 -5.

178- VISA DE L' AUTORITE DES MARCHES FINANCIERS En application de articles L. 412- 1 et L 621 -8 du Code monétaire et financier et de son règlement général.

Application has been made to the Autorité des marchés financiers (the" AMF") for approval of this Base Prospectus in its capacity as competent authority under the Prospectus Directive... LOOKING STATEMENTS DOCUMENTS INCORPORATED BY REFERENCE SUPPLEMENT TO THE BASE PROSPECTUS 6 34 64 113 114 117 128 TEMPORARY GLOBAL CERTIFICATES ISSUED IN RESPECT OF MATERIALISED BEARER NOTES 129 TERMS AND CONDITIONS OF THE NOTES USE OF PROCEEDS DESCRIPTION OF THE ISSUER DESCRIPTION FRENCH) DE L' EMETTEUR (DESCRIPTION OF THE ISSUER 130 170 171 IN 182 RECENT EVENTS FORM OF FINAL TERMS TAXATION SUBSCRIPTION AND SALE GENERAL INFORMATION 193 232 253 256 263 PERSONS RESPONSIBLE FOR THE INFORMATION GIVEN IN THE BASE PROSPECTUS 267 VISA OF THE AUTORITÉ DES MARCHES FINANCIERS 268- 5.

253- VISA DE L' AUTORITÉ DES MARCHES FINANCIERS En application de articles L. 412- 1 et L 621 -8 du Code monétaire et financier et de son règlement général.

Application has been made to the Autorité des marchés financiers (the" AMF") for approval of this Base Prospectus in its capacity as competent authority under the Prospectus Directive... LOOKING STATEMENTS DOCUMENTS INCORPORATED BY REFERENCE SUPPLEMENT TO THE BASE PROSPECTUS TEMPORARY GLOBAL CERTIFICATES MATERIALISED BEARER NOTES TERMS AND CONDITIONS OF THE NOTES USE OF PROCEEDS DESCRIPTION OF THE ISSUER DESCRIPTION DE L' EMETTEUR (DESCRIPTION OF THE ISSUER IN FRENCH) RECENT EVENTS FORM OF FINAL TERMS TAXATION SUBSCRIPTION AND SALE GENERAL INFORMATION PERSONS RESPONSIBLE FOR THE INFORMATION GIVEN IN THE BASE PROSPECTUS VISA OF THE AUTORITÉ DES MARCHES FINANCIERS ISSUED IN RESPECT OF 5 34 66 126 127 129 140 141 143 186 187 198 210 255 276 279 286 290 291 -4.

This Prospectus has been approved by the Autorité des marchés financiers (the" AMF") in France in its capacity as competent authority pursuant to the Prospectus Regulation... or Nouvelle Organisation du Marché de l' Electricité) has also introduced the Regulated Access to Electricity from the Existing Nuclear Fleet (ARENH.

This Base Prospectus has been approved by the Autorité des marchés financiers (the" AMF") in France in its capacity as competent authority under the Prospectus Regulation and pursuant to the French Code monétaire et financier and received the AMF visa no... 170 VISA OF THE AUTORITÉ DES MARCHÉS FINANCIERS.