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

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SUMMARY<br />

This summary (<strong>the</strong> "Summary") is provided for <strong>the</strong> purposes of <strong>the</strong> issue of <strong>Note</strong>s of a<br />

denomination of less than <strong>Euro</strong> 50,000 (or its equivalent in o<strong>the</strong>r currencies). Investors in<br />

<strong>Note</strong>s of a denomination equal to or greater than <strong>Euro</strong> 50,000 should not rely on this<br />

Summary in any way and <strong>the</strong> Issuer accepts no liability to such investors 1 .<br />

The following paragraph is to be read as an introduction to <strong>the</strong> Summary if <strong>the</strong><br />

relevant Member State has not implemented <strong>the</strong> changes to <strong>the</strong> Summary<br />

requirements under <strong>the</strong> Directive 2010/73/EU (<strong>the</strong> "2010 PD Amending Directive").<br />

This Summary must be read as an introduction to this Base Prospectus. Any decision to<br />

invest in any <strong>Note</strong>s should be based on a consideration of this Base Prospectus as a whole,<br />

including <strong>the</strong> documents incorporated by reference. Where a claim relating to information<br />

contained in this Base Prospectus is brought before a court, <strong>the</strong> plaintiff may, under <strong>the</strong><br />

national legislation of <strong>the</strong> Member States of <strong>the</strong> <strong>Euro</strong>pean Community or states parties to <strong>the</strong><br />

<strong>Euro</strong>pean Economic Area, be required to bear <strong>the</strong> costs of translating this Base Prospectus<br />

before <strong>the</strong> legal proceedings are initiated. No civil liability will attach to <strong>the</strong> persons who<br />

tabled <strong>the</strong> summary, including any translation <strong>the</strong>reof, and applied for its notification pursuant<br />

to Article 212-39 of <strong>the</strong> règlement général of <strong>the</strong> Autorité des marchés financiers, unless it is<br />

misleading, inaccurate or inconsistent when read toge<strong>the</strong>r with <strong>the</strong> o<strong>the</strong>r parts of this Base<br />

Prospectus, including <strong>the</strong> documents incorporated by reference.<br />

The following paragraph is to be read as an introduction to <strong>the</strong> Summary if <strong>the</strong><br />

relevant Member State has implemented <strong>the</strong> changes to <strong>the</strong> Summary requirements<br />

under <strong>the</strong> 2010 PD Amending Directive.<br />

This Summary must be read as an introduction to this Base Prospectus and is provided as<br />

an aid to investors when considering whe<strong>the</strong>r to invest in <strong>the</strong> <strong>Note</strong>s, but is not a substitute for<br />

<strong>the</strong> Base Prospectus. Any decision to invest in <strong>the</strong> <strong>Note</strong>s should be based on a consideration<br />

by any investor of <strong>the</strong> Base Prospectus as a whole, including any documents incorporated by<br />

reference and any supplement from time to time. Following <strong>the</strong> implementation of <strong>the</strong><br />

relevant provisions of <strong>the</strong> Prospectus Directive (Directive 2003/71/EC, as amended by<br />

Directive 2010/73/EU) in each Member State of <strong>the</strong> <strong>Euro</strong>pean Economic Area, no civil<br />

liability will attach to <strong>the</strong> Issuer in any such Member State solely on <strong>the</strong> basis of this<br />

summary, including any translation <strong>the</strong>reof, unless it is misleading, inaccurate or inconsistent<br />

when read toge<strong>the</strong>r with <strong>the</strong> o<strong>the</strong>r parts of this Base Prospectus or it does not provide, when<br />

read toge<strong>the</strong>r with <strong>the</strong> o<strong>the</strong>r parts of this Base Prospectus, key information in order to aid<br />

investors when considering whe<strong>the</strong>r to invest in <strong>the</strong> <strong>Note</strong>s. Where a claim relating to<br />

information contained in this Base Prospectus is brought before a court in a Member State of<br />

<strong>the</strong> <strong>Euro</strong>pean Economic Area <strong>the</strong> plaintiff may, under <strong>the</strong> national legislation of <strong>the</strong> Member<br />

State of <strong>the</strong> <strong>Euro</strong>pean Economic Area where <strong>the</strong> claim is brought, be required to bear <strong>the</strong><br />

costs of translating this Base Prospectus before <strong>the</strong> legal proceedings are initiated.<br />

1 This Summary is provided for purposes of <strong>the</strong> issue of <strong>Note</strong>s of a Specified Denomination less than <strong>Euro</strong> 50,000 if <strong>the</strong><br />

Issue Date of <strong>the</strong> <strong>Note</strong>s is on or prior to 30 December 2010, being <strong>the</strong> date of entry into force of Directive 2010/73/EU (<strong>the</strong><br />

"2010 PD Amending Directive") and <strong>the</strong>reafter to <strong>the</strong> extent that <strong>the</strong> 2010 PD Amending Directive has not been<br />

implemented in <strong>the</strong> Relevant Member State. After 30 December 2010 and to <strong>the</strong> extent that Directive 2010/73/EU has<br />

been implemented in <strong>the</strong> Relevant Member State, this Summary shall apply to <strong>the</strong> issue of <strong>Note</strong>s of a Specified<br />

Denomination less than <strong>Euro</strong> 100,000.<br />

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