Under the Euro Medium Term Note Programme ... - Finance - EDF

RECENT EVENTS
1. EDF's Credit Ratings as of 1 June 2012
Rating Agency Long term rating Short term rating
Moody's Aa3, stable outlook P-1
Standard and Poor's A+, stable outlook A-1
Fitch Ratings A+, stable outlook F1
Each of Moody's Investors Service Ltd, Standard and Poor's Credit Market Services
Europe Limited and Fitch Ratings Limited is established in the European Union and
is registered under Regulation (EC) No.1060/2009 of the European Parliament and of
the Council dated 16 September 2009, as amended by Regulation (EU) No.
513/2011 of the European Parliament and of the Council dated 11 May 2011 and is
included in the list of registered credit rating agencies published on the website of the
European Securities and Markets Authority (www.esma.europa.eu).
2. 25 May 2012 – EnBW arbitration hearing: EDF’s reaction
As part of the purchase of EDF’s stake in EnBW, Neckarpri GmbH, the Baden-
Württemberg state-owned entity that made the purchase, initiated an arbitration
procedure against EDF in February 2012 with the International Chamber of
Commerce. The Baden-Württemberg state believes that it paid EDF an excessive
acquisition price for its stake in EnBW and is requesting restitution of €2 billion.
EDF considers this request to be completely unfounded and exorbitant. The EDF
Group reiterates that it accepted the €4.7 billion offer submitted by the Baden-
Württemberg state for the purchase of its stake in EnBW in December 2010.
EDF intends to claim damages for harm of any kind caused to the EDF Group by this
abusive hearing, which is expected to last for several months.
3. 24 May 2012 - EDF finalises Edison acquisition
EDF announced its acquisition of control of Edison Spa through the completion of its
previously announced contract to purchase Delmi's participation for €784M. With the
completion of this transaction, EDF's equity in Edison's ordinary shares increases
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