Orange — M&A Activity 2014

May 16, 2014

Orange is assessing the opportunities that the changing landscape in the French telecommunications might offer

Orange believes that consolidation of the French mobile market would be positive in the long-term for both investment and for the consumer.

In exploring the opportunities the changes in the telecommunications sector in France presents, Orange keeps clearly in mind the fact that the Group's leadership position allows it complete independence in its decision-making.

Orange will act solely in the interests of all its shareholders, its employees and its customers and will focus in particular on the importance of value-creation and on the legal aspects of any eventual transaction.

about Orange

Orange is one of the world's leading telecommunications operators with sales of 41 billion euros in 2013 and has 164,000 employees worldwide at 31 March 2014, including 101,000 employees in France. Present in 30 countries, the Group has a total customer base of more than 239 million customers at 31 March 2014, including 182 million mobile customers and 16 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.livetv.orange.com or to follow us on Twitter: @orangegrouppr.

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: 01 44 44 93 93 jeanbernard.orsoni@orange.com