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Decision on the establishment of the Société d'énérgie nucléaire franco-belge des Ardennes Joint Undertaking

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TITLE IObjects — Name — Seat — Duration

Article 1

A société anonyme is hereby formed by and between the owners of the shares created below, and of the shares which may be created in the future.

This company is established pursuant to Ordonnance No 58-1137 of28 November 1958 and shall be governed by that Ordonnance, by these Statutes and by the laws relating to sociétés anonymes in so far as the provisions of such laws do not conflict with the provisions of the Ordonnance of 28 November 1958.

Article 2 Objects

The objects of the company are, within the framework of the Euratom programme, to construct in the territory of Metropolitan France the Chooz (Ardennes) Nuclear Power Station and to equip and operate that power station; and generally, to perform all commercial, industrial, real estate and financial operations relating directly or indirectly to those objects, and in particular to train specialists to operate nuclear power stations.

Article 3 Activities of the company

The proportion of energy produced by the Chooz Power Station which corresponds to the holding of the shareholders in the capital of the company, whether natural or legal persons, who are nationals of foreign countries signatories of the Euratom Treaty shall be made available to such persons or to groups thereof.

The operation of the Chooz Power Station installations shall be undertaken by Electricité de France, service national.

Transmission of energy to other countries shall be via the grid under concession to Electricité de France, service national, up to the frontiers at which delivery is effected.

Article 4 Name

The name of the company is Société d'énergie nucléaire franco-belge des Ardennes.

Article 5 Seat

The seat of the company shall be at 68, rue du Faubourg-Saint-Honoré, Paris (8e). It may be transferred to any other place in the same city by resolution of the Board of Directors, or to any other place in France by resolution of an extraordinary general meeting of the shareholders.

Article 6 Duration

The company is formed for a period commencing on the date on which it is definitively established and ending on 31 December 2058, unless previously dissolved or extended as provided for in these Statutes.

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