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Eurotunnel Publishes 2014 Network Statement

  Eurotunnel Publishes 2014 Network Statement

Business Wire

PARIS -- December 27, 2012

Regulatory News:

Eurotunnel has published its Network Statement, the network reference document
for Channel Tunnel access conditions. The Network Statement sets out the
access conditions for the Channel Tunnel in 2014 for railway operators in a
completely transparent form, providing them with everything they need to
prepare their own transport services.

Prepared following consultation with railway operators and trade associations
(SNCF, Eurostar, Deutsche Bahn, SNCB, Veolia, Europorte, Rail Freight Group,
…), infrastructure operators (RFF, HS1, Network Rail) and the Inter
Governmental Commission (IGC), this Eurotunnel document takes as its priority
the equal and non discriminatory treatment of all railway operators (passenger
and freight).

High Speed rail traffic tariffs are defined in the “Railway Usage Contract”
(RUC), signed between state-owned railways (The British Railways Board and
SNCF) and Eurotunnel in 1987. This access contract, which is valid for the
period up until 2052, is essentially based upon “per passenger” charging, and
evolves at a rate below the average inflation rate of the two countries
concerned. Viewed in the light of the entirely privately funded Channel
Tunnel, this tariff is comparatively lower than that applied by the
neighbouring high speed networks. It has proved to be an effective tool which
has enabled the significant development of the passenger traffic services
across the Channel, soon to reach 10 million passengers per year.

For rail freight trains, the tariff is modular to take account of the vagaries
of the traffic, in particular the low speed of crossing (120kph through the
Tunnel compared to 140kph or 160kph for other traffic), in order to make it
more competitive against other modes of transport.

The Channel Tunnel is an integrated transport system which operates 24/24 and
365 days per year. Eurotunnel, via the Network Statement, applies an “Open
Access” policy in accordance with European directives to enable the highest
levels of safety for the maximum number of users.

* Document available at www.eurotunnelgroup.com

Contact:

Groupe Eurotunnel
For media enquiries:
John Keefe, Consultant, + 44 (0) 1303 284491
press@eurotunnel.com
or
For investor enquiries:
Michael Schuller, +44 (0) 1303 288749
Michael.schuller@eurotunnel.com