Press Release

EDF finalises Edison acquisition

EDF
05/24/2012

EDF today announces 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 from approximately 50% to slightly more than 80% and, with the termination of its shareholders agreement with Delmi, EDF is now in sole control of Edison.

Simultaneously with EDF's acquisition of control of Edison, Delmi completed, under its previously announced parallel contract, the acquisition from Edison of 50% of Edipower for €684M and from Alpiq of 20% of

Edipower for €200M. At the same time, Edipower is completing the reimbursement to Edison and Alpiq of the shareholder loans previously provided by them to Edipower.As previously announced, as a result of the change in control of Edison, EDF will launch a mandatory tender offer for the benefit of the holders of the 19.360% of Edison's ordinary shares that EDF does not own at €0.89 per ordinary share. A courtesy translation of the description required under Italian stock market regulation of the mandatory tender offer will soon be available on Edison's website at www.edison.it

The 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 hydraulic production facilities where 96.5% 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 27.9 million customers in France. The Group generated consolidated sales of € 65.3 billion in 2011, of which 43.1% was achieved outside of France. EDF is listed on the Paris Stock Exchange and is a member of the CAC 40 index.
Contacts
Press:
Carole Trivi +33 (1) 40 42 44 19

Analysts and Investors:
Carine de Boissezon +33 (1) 40 42 45 53
David Newhouse (US investors) +33 (1) 40 42 32 45
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