Within a context of market opening, the EDF Group is positioning itself to become a leading energy company in Europe. The EDF Group is among the key players in the field of electricity generation, distribution and supply in Europe. Managing a generation mix with a capacity of 125.4 GWe, it provides energies and services to 42.1 million customers throughout the world, including 36.2 million in Europe.

The EDF Group is made up of Electricit¨¦ de France, parent company (EDF SA), and a network of 75 affiliates and investments established in Europe and around the world.

EDF and the Group network carry out energy-related activities focused on the core businesses of generation, trading, transmission, distribution, supply and services.

The EDF Group is committed to a strategy of corporate responsibility, successfully reconciling economic performance, social equity and respect for the environment.

A strategy to encourage corporate responsibility

Founded on a culture which reconciles performance and public interest, the EDF Group has set up a strategy to encourage responsible and profitable development while relying on an integrated industrial model.

Within the framework of the full opening of the electricity and gas markets in Europe, the EDF Group is implementing a strategy of responsible development based on:

• an integrated and innovative industrial model combining energy generation, transmission, distribution and supply;
• development anchored in Europe with already strong positions in United Kingdom, Germany, Italy and on the international scene in growth relay areas or activities.

The Group's activities all respect:

• a common Code of Ethics, built around 5 core values: respect for the individual, respect for the environment, performance, solidarity, integrity - which are upheld by all of the Group's companies;
• a commitment to sustainable development which combines:
  - economic performance;
  - respect for the environment;
  - social responsibility.

The EDF Group has a long tradition of innovation. In 2004, EDF maintained its R&D spending at a healthy €395 million.

2004 Key figures

• 42.1 million customers worldwide, including 36.2 million in Europe.
• 125.4 GWe total installed capacity worldwide (hydro, fossil-fired, nuclear, wind, solar and geothermal facilities)
• 44.9 billion Eurodollar in revenues in 2003
• 46.9 billion Eurodollar in revenues in 2004

4.5% increase in revenue in 2004	Electricity generation: 610 TWh (breakdown in %)

EDF Group in China

For more than 20 years, EDF has collaborated with Chinese partners as Owner's Engineer and through bilateral exchanges.

With an installed capacity of 1,300 MWe, EDF is the leading foreign investor in power generation in China, thus continuously taking part in the development of Chinese energy policies.

As part of these extended and ongoing technical and human exchanges with China's manufacturers, EDF has transferred its know-how while gaining a wealth of experience from its Chinese partners.

Editor: Donald