Orange — Share Issue/Capital Change 2017

Mar 8, 2017

Orange: information on the total number of shares and voting rights referred to in Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulations of the Autorité des Marchés Financiers.

In application of Article L.225-123 of the French Commercial Code (Code de commerce), as from 3 April 2016, a double voting right is automatically granted to fully paid-up shares that have been held in registered form and under a single shareholder name for at least two years.

Date	Number of shares	Number of treasury shares without voting rights	Theoretical number of voting rights [1]	Number of voting rights exercisable
01/31/2017	2,660,056,599	1,922,157	3,067,114,744	3,065,192,587
02/28/2017	2,660,056,599	472,157	3,067,079,211	3,066,607,054

[1] calculated in accordance with the last paragraph of Article 223-11 of the General Regulations, on the basis of all the shares to which voting rights are attached, including shares without voting rights