AREVA: Estimated Financial Data for 2014

Regulatory News:

In view of the financial information recently appearing in the media, Areva (Paris:AREVA) wishes to make clear that the 2014 financial statements will not be approved by the Board of Directors until March 3, 2015.

The Audit and Ethics Committee met on February 18, 2015 and took cognizance of unaudited preliminary financial information. The Committee's work continues, and it will meet again on March 2, 2015.

The unaudited preliminary financial information examined on February 18, 2015 by the Audit and Ethics Committee shows a negative net consolidated income attributable to owners of the parent around -4.9 billion euros at December 31,2014 (versus -0.5 billion euros at December 31, 2013), due among others to:

• impairment in respect of certain current and non-current assets (including deferred tax assets and the Comurhex II conversion plant project);
• provisions for losses at completion and risks on reactor construction or modernization projects (including the Olkiluoto 3 EPR project and the research reactor construction project) and on renewable energies contracts;
• provisions linked to changes in the application of regulations related to end-of-lifecycle obligations.

As a reminder, the group is working on developing a competitiveness plan and a strategic and financial roadmap which will be the subject of a specific update on March 4 during the presentation of the annual results.

MORE ABOUT AREVA
AREVA is a world leader in nuclear power. The group’s offer to utilities covers every stage of the nuclear fuel cycle, reactor design and construction, and operating services. Its expertise and uncompromising dedication to safety make it a leading industry player.
AREVA also invests in renewable energies to develop, via partnerships, high technology solutions.
Through the complementary nature of nuclear and renewables, AREVA’s 45,000 employees contribute to building tomorrow’s energy model: supplying the greatest number of people with energy that is safer and with less CO₂.

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