EDF : Flamanville EPR - Schedule update

PRESS RELEASE

18 November 2014

Flamanville EPR: Schedule update

Preparatory work in connection with the project review that will take place end of November with all suppliers has shown a shift in the construction schedule. The plant is now planned to start in 2017.

This revision of the schedule results from difficulties encountered by Areva regarding:

• delivery of certain pieces of equipment such as the lid and internal structures to the vessel
• the implementation of the regulation on equipment under nuclear pressure (ESPN) for which Flamanville 3 is a first-of-a-kind, in particular on a set of assembly carried out by Areva and its subcontractors.

This new information will be shared with all suppliers and will be integrated in the construction schedule, with a view to adapt and coordinate the work on site.

Areva also updated EDF on the ongoing analysis performed on the steam generators' welding defect, on the qualification tests of the pressurizer valves, and on the detailed metallurgical analysis of the vessel lid material.

The project review will allow, with the group of subcontractors, to define accurately the consequences of the information now available to the Group in order to take all the necessary decisions for the completion of construction.

In spite of these construction contingencies, EDF reaffirms its commitment to New Nuclear in France, China and the United-Kingdom. The EPR will contribute to the country's energy supply and is critical to ensuring the continuity of our nuclear know-how in France and internationally.

EDF Group, one of the leaders in the European energy market, is an integrated energy company active in all areas of the business: generation, transmission, distribution, energy supply and trading. The Group is the leading electricity producer in Europe. In France, it has mainly nuclear and hydropower generation facilities where 95.9% of the electricity output is CO2-free. EDF's transmission and distribution subsidiaries in France operate 1,285,000 km of low and medium voltage overhead and underground electricity lines and around 100,000 km of high and very high voltage networks. The Group is involved in supplying energy and services to approximately 28.5 million customers in France. The Group generated consolidated sales of €75.6 billion in 2013, of which 46.8% outside of France. EDF is listed on the Paris Stock Exchange and is a member of the CAC 40 index.