September 29, 2008

Paris, France: EDF Energies Nouvelles Raises €500 Million

EDF Energies Nouvelles has successfully raised €500 million to support is solar photovoltaic initiatives.

The capital increase with preferential subscription rights for shareholders launched by EDF Energies Nouvelles (Paris:EEN) on 3 September 2008 has met with success in very tough market conditions.

The gross amount raised was, as expected, €499,540,592.60 representing 15,513,683 new shares that will be entitled to a dividend right from 1 January 2008.

The capital increase was oversubscribed, with total demand amounting to €512.7 million, representing a subscription rate of 102.6%. 15,234,367 new shares were subscribed by shareholders exercising their pro rata subscription rights, representing 98.2% of the new shares.

Subscription orders for additional shares placed by exercising rights holders ("souscription a titre reductible") represented demand for 688,243 new shares and were therefore only partially filled through the issue of 279,316 new shares.

EDF Energies Nouvelles would like to thank all its shareholders for the confidence they have demonstrated in the Group's strategy and prospects through the success of this capital increase. Settlement and delivery of the new shares will take place on 30 September 2008.

The new shares will start trading on Euronext Paris on 30 September 2008 on the same line as the existing shares.

Further details about: EDF Energies Nouvelles