January 19, 2016

In 2015, AREVA was awarded several long-term contracts by four U.S. utilities for uranium enrichment services totaling more than $300 million.

These contracts offer significant benefits for the American nuclear industry by providing a sustained security of supply. These agreements are also in line with AREVA's commercial strategy to develop long-term partnerships with major players in the nuclear industry.

With the largest nuclear fleet in the world, the U.S. generates nearly two-thirds of the country's low carbon electricity production from nuclear reactors.

Olivier Wantz, Senior Executive Vice President, Mining and Front End Business Groups said: 'These contracts are recognition of AREVA's expertise in providing enrichment services and demonstrate the company's commitment to ensuring security of supply for its customers.'

Areva SA issued this content on 2016-01-19 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-19 17:09:12 UTC

Original Document: http://areva.com/EN/news-10703/united-states-areva-signed-300-million-in-uranium-enrichment-contracts-in-2015.html