FRANCE TELECOM : FRANCE TELECOM Orange announces the completion of the sale of its 35% stake in Orange Austria

FRANCE TELECOM : FRANCE TELECOM Orange announces the completion of the sale of
                       its 35% stake in Orange Austria

                                                                 press release
                                                         Paris, 3 January 2013

France Telecom-Orange announces the completion of the sale of its 35% stake in
Orange Austria

In accordance with the agreements signed on 2 February 2012 and following the
approval of the competent regulatory and anti-trust authorities, France
Telecom-Orange and its partner Mid Europa Partners ("MEP") have completed
today the sale of their combined 100% stake of Orange Austria GmbH ("Orange
Austria") to Hutchison 3G Austria Holdings GmbH ("Hutchison"), a subsidiary of
Hutchison Whampoa. France Telecom-Orange held a 35% stake in Orange Austria
and MEP a 65% stake.

The sale of Orange Austria, based on an enterprise value of approximately €1.3
billion, provides France Telecom-Orange with cash proceeds of around €70
million for the sale of its equity stake.

About Orange
France Telecom-Orange is one of the world's leading telecommunications
operators with sales of 45.3 billion euros for 2011 and has 170,000 employees
worldwide at 30 September 2012, including 105,000 employees in France. Present
in 33 countries, the Group has a total customer base of 227 million customers
at 30 September 2012, including 169 million mobile customers and 15 million
broadband internet (ADSL, fibre) customers worldwide. Orange is one of the
main European operators for mobile and broadband internet services and, under
the brand Orange Business Services, is one of the world leaders in providing
telecommunication services to multinational companies.

With its industrial project, "conquests 2015", Orange is simultaneously
addressing its employees, customers and shareholders, as well as the society
in which the company operates, through a concrete set of action plans. These
commitments are expressed through a new vision of human resources for
employees; through the deployment of a network infrastructure upon which the
Group will build its future growth; through the Group's ambition to offer a
superior customer experience thanks in particular to improved quality of
service; and through the acceleration of international development.

France Telecom (NYSE:FTE) is listed on NYSE Euronext Paris (compartment A) and
on the New York Stock Exchange.
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 Brand Services Limited, Orange France or France
Telecom.

Press contacts: +33 1 44 44 93 93
Sébastien Audra, sebastien.audra@orange.com
Olivier Emberger, olivier.emberger@orange.com 

FT Orange announces the completion of the sale of its 35% stake

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Source: FRANCE TELECOM via Thomson Reuters ONE
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