France Telecom announces having purchased treasury shares within the framework of its 2011 share buy back program. These shares have been acquired to honour obligations related to stock option plans benefiting to Group employees for which liquidity contracts were signed with holders of stock options of the company Orange.
Name of the issuer: France Telecom
References of the share buyback program: Share buyback program 2011, authorised by the ordinary and extraordinary general meeting of shareholders held on June 7, 2011 (9th resolution). A description of the program can be found in France Telecom’s registration document
Type of securities: Ordinary shares / Euronext Paris / Eurolist A / ISIN: 0000133308
Start date of the program: The 9th resolution of the general meeting of shareholders held on June 7, 2011, was activated by the Board of Directors meeting on June 7, 2011
Cash purchases of shares from September 23 to September 30, 2011:

No such share has been purchased or sold pursuant to a share liquidity contract.
Press contact: +33 (1) 44 44 93 93
Olivier Emberger,olivier.emberger@orange.com

