Identification
Symbol
ETL
ISIN code
FR0010221234
Trading location
Paris
Products family
Funds
ICB
Telecommunications Equipment
Issuer website
http://www.eutelsat-communications.com
Operation
IPO date
IPO type

<p>
Global Placement and Open-Price Offer</p>

IPO price
12 euros
IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

<p>
Number of shares offered in the Global Placement: A maximum of 90% of the shares offered to the public (prior to over-allocation option). Number of shares offered in the OPO: A minimum of 10% of the shares offered to the public (prior to over-allocation option) i.e 7,319,148 shares. Offer price: The prices of the Global Placement and the OPO are the same. The definitive price will be set on 1st December 2005 at the latest and before centralisation of the OPO. It should be disseminated after closing of the Global Placement and before the 1st December 2005 and should be published by Euronext Paris SA in a notice that same day. The final share price may be set outside the mentioned range.</p>

Operation description
Operation calendar

<p>
- Period of the Placement : until 1 December 2005 (15:00) - Period of the OPO: until 1 December 2005 (17:00) - First quotation: 2 December 2005 - Begining of trading: 2 December 2005 - From 2 December 2005 to 6 December 2005 inclusive: trading of new and old shares on a single quotation line &quot;Eutelsat Communications PROMESSES&quot; under the code FR0010221234 - As of 7 December 2005: the Eutelsat Communications shares will be quoted under the title &quot;Eutelsat Communications&quot;, code ISIN FR0010221234 (unchanged) and mnemonic ETL (unchanged)</p>

Price range
11.75 euros – 12.75 euros
Broker to issue

<p>
Goldman Sachs International<br />
Deutsche Bank AG<br />
Lehman Brothers International (Europe)<br />
Merrill Lynch International<br />
Morgan Stanley &amp; Co. International Limited<br />
BNP Paribas<br />
CALYON<br />
Lazard-IXIS</p>