AREVA Signs a Series of Agreements with Its Chinese Partners

  AREVA Signs a Series of Agreements with Its Chinese Partners

Business Wire

PARIS -- December 9, 2013

Regulatory News :

During the visit of the French Prime Minister Jean-Marc Ayrault in China,
AREVA (Paris:AREVA) participated in the celebration of the 30 years of
cooperation between France and China in civil nuclear energy. This visit
included, notably, a stop by Mr. Ayrault to the construction site for two EPR
reactors at Taishan, a symbol of this successful cooperation.

AREVA also signed a series of major agreements with China National Nuclear
Corporation (CNNC) and China General Nuclear Power Corporation (CGN) for the
development of a Franco-Chinese partnership in both civil nuclear and
renewable energy.

• AREVA, in consortium with Siemens, also signed a contract to supply
instrumentation and control (I&C) systems for reactors Fuqing 5 and 6, two
1,000 MWe pressurized-water reactors. China Nuclear Power Engineering, a
subsidiary of CNNC, is scheduled to start construction in 2014 for reactor 5
and the following year for reactor 6.

The future reactors will be equipped with the TELEPERM^®XS digital safety I&C
system supplied by AREVA.

As a technology that meets the strictest safety standards, TELEPERM^®XS is
licensed in France, China, Finland, Germany, United States, Russia, Brazil,
Argentina, Spain, Sweden, Switzerland, Hungary, Bulgaria and Slovakia. 80
TELEPERM^®XS systems have been supplied or are currently installed in 14
different reactor designs across 16 countries.

This contract demonstrates AREVA’s worldwide leadership in this field. This
builds upon previous agreements for the supply of digital I&C systems to other
Chinese reactors: Tianwan 1 and 2, Ling Ao 3 and 4 and Quinshan 1, already in
operation, as well as Fuqing units 3 and 4 and the Taishan EPR reactors 1 and
2 currently under construction.

• AREVA and CNNC have signed a letter of intent in front end fuel activities
which will study the creation of a joint-venture to develop a facility for the
fabrication and the conversion of zirconium alloy in China. Used in nuclear
fuel assembly production, these steps are key for the manufacturing of this
essential material.

This company could produce up to 600 tons of zirconium alloy annually by 2017,
for the Chinese market.

The letter of intent is part of an industrial and technological cooperation
which began between the two groups in 2010 with the creation of the CAST
joint-venture for the production of Zirconium alloy cladding tubes.

• AREVA and CGN, historic partners in nuclear energy, signed a partnership
agreement in the renewable energy sector.

According to the terms of this agreement, AREVA and CGN will identify
commercial opportunities in offshore wind, biomass, concentrated solar power,
and energy storage. These two companies will focus their cooperation, in
priority, in the offshore wind field. AREVA will provide its expertise as an
offshore wind turbine manufacturer, and CGN will contribute to future projects
as an investor, developer, and operator of wind farms in China and Europe.

As a turnkey renewable technology provider, AREVA has significant experience
in the renewables sector having already installed more than 2500 MW in
bioenergy projects, 300 MW in concentrated solar power, and is currently
installing 600 MW of offshore wind projects.

“These new agreements demonstrate the strength of AREVA’s relations with its
historic Chinese partners,” said Luc Oursel, President and CEO of AREVA :
“These agreements will support the development of nuclear and renewables
energy in China while reinforcing AREVA’s presence on these markets which will
create jobs both France and China.”

AREVA supplies advanced technology solutions for power generation with less
carbon. Its expertise and unwavering insistence on safety, security,
transparency and ethics are setting the standard, and its responsible
development is anchored in a process of continuous improvement.
Ranked first in the global nuclear power industry, AREVA’s unique integrated
offering to utilities covers every stage of the fuel cycle, nuclear reactor
design and construction, and operating services. The group is actively
developing its activities in renewable energies – wind, bioenergy, solar and
energy storage – to become a European leader in this sector.
With these two major offers, AREVA’s 46,000 employees are helping to supply
ever safer, cleaner and more economical energy to the greatest number of

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