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Back-end: first success for AREVA in the United Kingdom

Press release

March 31, 2008

AREVA, in consortium with URS Washington Division, Studsvik UK and Serco Assurance, announces today the signing of a five-year contract to manage and operate the UK’s Low Level Waste* Repository located in West Cumbria in North West England.

This is the first contract for the operation of a nuclear site awarded by the UK Nuclear Decommissioning Authority (NDA) since it was established in 2005.

Denis Hugelmann, Executive Vice-President of AREVA’s Recycling Business Unit, said: “This success is an acknowledgment of the unique skills and operating experience we can offer. We hope to have the opportunity of applying these capabilities to other projects as the UK market opens up further”.

Valued at 160 million euros for the consortium, the contract can be extended for periods of up to 17 years (up to 650 million euros cumulated).

The contract also covers the implementation of a national strategy to manage additional low level waste expected to be generated by the NDA’s decommissioning of 20 nuclear facilities across the country.

AREVA is also a member of Nuclear Management Partners, one of the consortia currently bidding for the management of Sellafield, the UK’s largest nuclear complex. Its partners are URS Washington Division and Amec. The result of the competition is expected to be announced later this year.

*Low level waste is the lowest activity category of radioactive waste. It consists largely of paper, plastics and scrap metal items, which have been used in hospitals, research establishments and the nuclear industry.

Service de Presse
Fleur Floquet-Daubigeon
Julien Duperray
T: 01 34 96 12 15
F: 01 34 96 16 54
press@areva.com
Relations Investisseurs
Isabelle Coupey
isabelle.coupey@areva.com
T : +33 1 34 96 14 85
Manuel Lachaux
T : +33 1 34 96 11 53
manuel.lachaux@areva.com