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Orange Capital/Financing Update 2013

Aug 27, 2013

1574_iss_2013-08-27_4048dd3c-5a3d-4e4c-891b-b25df59c6e1d.pdf

Capital/Financing Update

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Not for distribution in the USA

Orange issues EUR 1.5 billion on the bond market in two tranches

Currency Format Term Notional Coupon Re-offer spread
Euro Fixed rate September 2018 850 million 1.875% m/s + 60 bp
Euro Fixed rate January 2024 650 million 3.125% m/s + 100 bp

Bank of America Merrill Lynch, Credit Agricole CIB, Royal Bank of Canada and RBS acted as bookrunners.

about Orange

Orange is one of the world's leading telecommunications operators with sales of 43.5 billion euros in 2012 and has 168,000 employees worldwide at 30 June 2013, including 103,000 employees in France. Present in 32 countries, the Group has a total customer base of more than 231 million customers at 30 June 2013, including 174 million mobile customers and 15 million fixed broadband customers worldwide. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services.

Orange is listed on the NYSE Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN). For more information on the internet and on your mobile: www.orange.com, www.orange-business.com, www.orange-innovation.tv or to follow us on Twitter: @presseorange.

Orange and any other Orange product or service names included in this material are trade marks of Orange or Orange Brand Services Limited.

Press contact: +33 1 44 44 93 93 Sébastien Audra, [email protected] Olivier Emberger, [email protected]

CAUTION

NOT FOR DISTRIBUTION IN THE UNITED STATES

This press release, of a purely informative nature, is not and cannot in any way be construed as an offering to sell any securities, or as a solicitation of any offer to buy securities, in any jurisdiction, including the United States, Japan, Australia, Canada and the United Kingdom. The securities mentioned in this press release have not been and will not be registered pursuant to the US Securities Act of 1933, as modified. They cannot be offered or sold in the United States absent registration or an exemption from registration. No public offer of these securities has been or will be made in the United States or elsewhere.