AREVA denies claim published on Capital.fr

Press release

COMMUNICATIONS / FINANCE / REACTORS AND SERVICES

May 21, 2008

The article published today on the Capital.fr website, quoting sources claiming that AREVA now has "€2.2 billion to pay in lateness penalties to its customer, Finnish utility TVO", has been officially denied by the group’s spokesperson, calling the statement a fantasy and slanderous.

As for the financial health of AREVA, which the same article claims to be cause for some concern, the spokesperson pointed to the fact that the group has paid its shareholders more than €3 billion in dividends since 2000, with orders presently up more than 55%. Furthermore, revenues have increased by nearly 10% and consolidated net profits have grown by more than 14% to €743 million.