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Think business, choose

West Paris region

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Why locate in Hauts-de-Seine?

> Central & strategic location at the economic heart of the Paris region,Europe’s No.1 metropolis market and world No.4 with its €510Bn GDPand 12m consumers

> High connectivity thanks to an efficient integrated transport networkin constant development making it the ideal gateway to EU-27 and theMediterranean

> Multi-specialist business place selected by world leaders for its syner-getic environment and the excellence of its management skills

> International hub for decision-making centers and European headquar-ters, and home to European No.1 business district in La Défense

> Buoyant innovation and research corridor, driving excellence from pioneer industries and supported by world renowned educative andtraining institutions

> Inspiring location offering a wide range of leisure activitiesjust next door Paris City, world’s capital of culture & arts

At the heart of Europe: 500 million customers at your door

They chose Hauts-de-Seine

EuropeBT (Telecom / HQ)

Nestlé (Food / HQ)

Shell (Energy / HQ)

Logica (IT / HQ)

AkzoNobel (Chemicals / HQ)

Bayer (Pharma / corporate) Agfa (ICT / HQ)

Gemalto (ICT / HQ)

Aviva (Insurance / HQ)

The United StatesMicrosoft (ICT / R&D center)

Lilly (Pharma / HQ)

GE Capital (Finance / HQ)

IBM (IT / HQ)

Cisco Systems (HQ)

Bristol-Myers Squibb(Pharma / HQ Europe),

Procter & Gamble (Consumer goods / HQ)

ChinaLENOVO (ICT / HQ Europe)

ZTE (ICT / HQ Europe and North America)

Haier (Electronics / HQ Europe)

Adisseo / BlueStar (Life Sciences/ HQ)

Huawei Technologies (ICT / R&D center)

Sungrow (Solar, HQ and R&D)

IndiaInfosys (IT / HQ)

Wipro (IT / HQ)

Tata Consultancy Services (IT / HQ)

Ranbaxy (Pharma / HQ)

KPIT Cummins (Engineering / HQ)

JapanDaiichi Sankyo (Pharma/ HQ France)

Daikin Airconditoning (Engineering / HQ)

Fujitsu (IT / HQ)

Laboratoire Takeda (Pharma / HQ)

Toshiba (IT / HQ)

Hitachi Data Systems (IT / HQ)

Canon (IT / HQ)

19 millionconsumers

Paris Hauts-de-Seine

55 millionconsumers

190 millionconsumers

360 millionconsumers

6h

Paris-New-York25 Flights/days

12h

Paris-Tokyo8 Flights/days

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Paris-Shanghaï3 Flights/days

Paris Hauts-de-Seine

" Hauts-de-Seine lies at a strategic location in Europe, with a highconcentration of largeFrench and internationalgroups, and that is why it is so important for us to be there.“

Thierry MarchandiseCEO, Canon Group France(Courbevoie)

A hot spot for foreign investors, enjoying long lasting success

Join a talented and stimulating business community made up of largemultinationals and innovative SMEs spanning a broad spectrum of sectorsand expertise.Over the years, the area has attracted an impressive number of multinatio-nal corporations including renowned references have located their Frenchor European headquarters and research centers in Hauts-de-Seine:

> 3,100 overseas companies located in the territory > 190 000 people - a quarter of the Hauts-de-Seine workforce – employed

by a foreign company > France is No.1 recipient of FDI inflows in Europe and No.3 in the world

(UNCTAD, 2011)> Paris Region is No.2 recipient of FDI projects in Europe> A location bound to receive international visitors: hub for Europe's trade

show and trade fair activity, and world’s No.1 for conference centers andhotels

On the doorstep of Paris, a first-choice location selected by world leaders for the excellence of its talents

3,000 foreign companies in Hauts-de-Seine, employing 1/4 of the total workforce

Bet on success Choose Hauts-de-Seine, Europe’s vibrant business hub

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Bolster your business Choose Hauts-de-Seine, the Paris Region’s economic heart

Hauts-de-Seine :birthplace

of global leaders

Financial & Professional services :

AXA, Crédit Agricole,

Société Générale, Mazars

Energy: EDF, GDF-Suez,

Schneider Electric, Technip, Total

Transport & Industrial: Altran, Alstom,

Arkema, Renault, Rhodia,

Saint-Gobain, Vallourec, Vinci

Life Sciences: L’Oréal, Beaufour-Ipsen, Clarins,

Roche, Stallergènes

IT & Telecom: Thalès Group, Capgemini,

Orange (France-Telecom),

Bouygues Telecom

Digital & Media: Thalès Group,

Bouygues Telecom,

Sagemcom, Groupe Canal+,

JCDecaux

Others: Carrefour, Sodexo

Business friendly and vibrant economy

Located to the west of the River Seine on the outskirts of Paris City, the Hauts-de-Seineadministrative region is made of 36 towns and is the natural business extension of Paris:

> France's second wealthiest administrative region and one of Europe’s richest areaswith a GDP of €112 billion

> GDP per capita of over € 73,000 and the highest GDP per job in France of €129 200(INSEE) greater than London, Frankfurt, Milan or Barcelona

> Service-based economy, with 73% of its 810 000 jobforce employed in services andproducing the highest added-value in services in France

> Availability of internationally recognized management skills, with executives makingup 35% of the total workforce

A diversified economy, driving global excellence from leading industries

Hauts-de-Seine is very attractive to business-strategic activities. The diversity of its ecosys-tem and dynamism of its economy are driving to the area a broad range of sectors and com-pany types, from the largest multinationals to the most innovative SMEs, all benefiting froma stimulating environment

> Paris region hosts the largest concentration of Fortune 500 headquarters in Europe, andthe 3rd largest in the world

> Hauts-de-Seine alone is home to 35% of Paris Region’s largest companies, and the birthplace of 13 among the most successful French companies

> But the territory is also home to a very large proportion of small and medium enterprises,spanning a large variety of sectors, driving synergy and growth to the local economy

Paris region is No.1 in Europe in number of Fortune 500 global HQs

Strong opportunities and synergies for SMEs in all sectors“Le trapèze” an inventive and efficient place to do business in an attractive lifestyle. Highest GDP per job in France over 129,000€

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"The quality of thepeople, the quality of the connections, the quality of the

environment and thequality of life: Paris

Region is the perfectEuropean location

for the headquartersof any international

corporation." Michel Pébereau,

Chairman of the Board, BNP Paribas (La Défense)

Prestigious headquarters’ location Focus on La Défense, Europe’s No.1 business district

Primary international hub within Paris region and Europe’s leading business district:

> A privileged location for the decision-making centers of internationally-renowned companies:over 3,000 companies, 1,500 headquarters and185,000 employees –55% of whom are executives

> World leaders in Financial & Professional Services,Energy and ICT, including 15 of the 50 biggestfirms worldwide

> One of the world’s leading financial district with ahigh number of international and national blue chipcompanies, including 800 banks and insurancefirms

> Modern extension of Paris, just 10 mins away from the City center, with easy connections to high-speed rail and international airports

> Premium location, with over 3 million sq. m of high-quality of office spaces, cultural and leisure facilities and public parks as well as shopping centers, restaurants and sports facilities

New investments will enhance the attractive-ness of La Defense in the years to come:

> Outstanding urban and real estate project, planning the development of 300,000 sqm of newoffice spaces designed by the greatest names in architecture to be finalized by 2017

> Significant investments in public transport systems(new tramway and high-speed metro lines) will provide direct and even faster connections betweenLa Défense and Paris international airports, as wellas to other business hubs of the Paris’ Region

7Prestigious signature chosen by the largest multinational corporations

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Be connected Choose Hauts-de-Seine, gateway to Europe

Strong connectivity increasing your business reach

Thanks to a wide range of transport options covering the area, Hauts-de-Seine is fully in-tegrated into Paris Region world-class transportation network, providing enhanced mo-bility through an easy and fast access to regional, national and European major businesscenters.

> Efficient and low-carbon mass public transport system with RER (high-speed metro), metrolines, tramlines and buses providing easy connections to the rest of the Paris region

> Quick access to Paris’s three international airports connecting the metropolis to the fivecontinents: Paris-Le Bourget, Europe’s leading business airport, Paris-Orly, the No.2 airportin France, and Paris-Charles de Gaulle, Europe’s premier airport hub

> Highspeed rail hub: interconnections with five train stations allowing fast access to othermajor European business centers thanks to one of the world’s most advanced high-speedrail networks (TGV/Eurostar/Thalys)

> Highly developed motorway and A-road network strengthening the logistics advantage ofthe region

> Paris heliport in Issy-les-Moulineaux

> The Port of Paris in Gennevilliers, Europe’s No.2 river port benefiting from multi-modal plat-forms, located 5 km from Paris and La Défense, and 20 mn. from Charles-de-Gaulle airport

> Outstanding ADSL 2+ and 3G / 3G+ coverage, supplemented by Wi-Fi and Wi-Max access

Ambitious investments in infrastructure development

> Very high-speed network: a fiber optic network

of more than 2,500 km will cover the whole

territory by 2016

> Transport infrastructure developments: the Greater

Paris Express Rail will reinforce the connectivity

of Hauts-de-Seine with neighboring areas and

improve access to international airports

and European capitals: 30 mn to Paris airports;

2 hrs to Brussels; 3 hrs to London from La Défense

One of the best mass public transport system worldwide The tramway line T2 will be extended between La Défense and Bezons in 2012.

Easy connections to Paris international airports and train stations

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Charles de GaulleInternational Airport

Le Bourget International Airport

Paris St-LazareTrain station

VersaillesTrain station

Paris MontparnasseTrain station

Paris LyonTrain station

Paris EstTrain station

Massy-EuropeTrain station

Paris NordTrain station

Train station de La Défense

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MetroGrand Paris

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Foster profitabilityChoose Hauts-de-Seine, the competitive edge

Competitive business costs

France is now considered a low-cost leader in Europe foroverall business costs.

> Business set-up and operations costs lower in Francethan in Germany, Italy, the US and Japan (KPMG, 2010)

> Business office renting rates 40% lower than Londonon average

> Average labor costs per employee are lower in Francethan in Italy, the Netherlands, the United States, Germany and Japan (KPMG, 2010)

A new tax system meant to welcome new businesses

> Implemented since 2008 by the French government, the new tax system has positionedFrance as competitive as other European countries

> Abolition of several former business taxes –includingthe local business tax on productive investment(2010)

> Research tax credit –one of the most generous in Europe

> Income tax exemption for expatriates up to 50% of their total income

An outstanding real estate offer

> A leading portfolio of business real estate available all across the territorywith over 12.5 million sq.m (over a third of Paris region overall offer) of office space in Hauts-de-Seine and many projects in development

> Prime location near Paris and other key economic hubs

> Original and premium architecture in constant development, with high environmentalstandards

Supporting start-up businesses

> Incubators: Hauts-de-Seine has developed specific short-term facilities to host start-upcompanies, guaranteeing a modest rent for equipped premises and full service package

> Favorable status for self-employed entrepreneurs including lighter tax burden and simplified registration procedures

Did you know…?> France is No.2 in Europe for tax

competitiveness for the setting-up of R&D operations (2010 KPMG

“Competitive Alternatives”)

> Abolition of local business tax onproductive investments since 2010,making France more competitive for

capital-intensive investments

> Attractive tax regime for holding companies and decision-

making centers

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"France has radically alteredits legislative and regulatoryframework, introducing new

flexibility into the labor market with, for example, taxexemption of overtime hoursand procedures to terminateemployment contracts. (…)Thanks to the research tax

credit reform in 2008, Franceis one of the countries thatoffers the most generoustax treatment of research

and development." Lars Rebien Sorensen,

President and CEO, Novo Nordisk (La Défense)

A large stock of premium business real estate, with office renting rates 40% lower in Hauts-de-Seine than in London, on average Competitive business setup costs in France -including labor, facility, transport, utility costs and corporate taxes.

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Source the mostvaluable asset Choose Hauts-de-Seine, centre of talents

Manage your skill baseHauts-de-Seine’s culture of innovation, academic excellence and talented workforce

will help your business take advantage of the Hauts-de-Seine’s vibrant economy.

Hauts-de-Seine’s attractiveness is reinforced by one of the best higher educa-tion offer in the world

> 4 of the top 10 business schools of the world are located in the region: HEC, ESSEC, ESCP-Europe and INSEAD (FT's master of management ranking, 2010)

> 17 universities in the Paris Region, including 6 featuring in the top 300 of the “Shan-ghai list” (Academic Ranking of World Universities 2011):

University of Paris-Sud Orsay, Pierre et Marie Curie, Ecole Normale Supérieure, UniversityParis Diderot, University Paris Descartes, University Paris-Dauphine

> 50 Engineering schools –including famous elite institutions such as: Ecole Polytechnique, Ecole Centrale, Ecole des Ponts ParisTech, Ecole des Mines de Paris

"One of the great attractions of the Parisregion is the possibilityof building partnership

networks with Engineering graduateschools and Researchcenters. That gives us

the assurance of a talent pool to draw

on, which in turn stimulates our research

and development activities here. "

Christophe de Maistre, Chairman, Siemens France

(Châtillon R&D centre)

Did you know ?> France is ranked No.3

in the world for labour productivity, 20% higher

than the European average (ILO, 2010)

> France ranks No.2 in Europe for

workforce qualification levels (Cushman

& Wakefield, 2008)

> International talents attractiveness:

73,000 foreign students in the Paris

region in 2008, and 20%of the overall student population in Masters

Degrees and Doctorates Hauts-de-Seine means privileged access to a large pool of qualified profilesto recruit:

> Europe’s No.1 employment pool, with 5.6 million jobs in the Paris region

> 617,000 students enrolled in higher education

> 35% of the overall population of Hauts-de-Seine are graduates (OECD)

> Top managers and executives account for more than 35% of jobs (50% in La Défense)

Campus of the IUT in Gennevilliers, Hauts-de-Seine Léonard de Vinci Business School in La Defense39 international schools in Paris Region for expatriate children -including 9 in Hauts-de-Seine

35% of the overall population of Hauts-de-Seine are graduates

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Think futureChoose Hauts-de-Seine, innovation hotspot

Global innovation clusters

4 world-class innovation clusters driving synergies and growth to the region key sectors of excellence and reinforcing partnership between private businesses,public-sector research laboratories, universities and academic institutes:

> Cap Digital: creation, distribution and multimedia exchange of digital content.

> System@tic: complex systems and generic software, electronics and optoelectro-nics technologies

> Medicen: innovative therapies and advanced technologies in healthcare

> Finance Innovation: global business and research cluster dedicated to financial services

"The growing number of patents filed by our

French R&D center shows the quality and expertise of our team and the willingness of

Huawei to continue to rely on France to innovate."

Leo Sun, CEO, Huawei France

(Boulogne-Billancourt)

Did you know?> Paris region is No.1

in Europe for R&D expenditure: 8%

of European total (OECD, 2009)

> Paris region is No. 1 in Europe for scientific

publications: 5% of European publications

> 7% of EU’s combined private

and public research workforce is located

in the Paris region

> Paris ranks No.1 in Europe and No.3 in the

world for innovation(2thinknow Top 100

innovation cities 2011)

> France ranks No.2 in the world for the

proportion of science and technology graduates

in the active population(OECD 2008)

> France’s research tax credit is the most

attractive R&D incentiveprogram in Europe

> France is ranked No.2 in Europe for foreign

R&D investment, and in the number

of international patents filed (OMPI

and E&Y, 2011)

Long-standing tradition of innovation andresearch

Hauts-de-Seine is the birthplace of world’s renow-ned research and technology centers: > 75% of the top 20 research organizations of Paris

region located in Hauts-de-Seine> 2,630 patent applications in 2010 - No.2 in France

after Paris itself> Access to unique talent pool with 7% of EU’s com-

bined private and public research workforce loca-ted in the Paris region

> 24,500 people employed in private-sector R&Dcompanies - including over 15,000 researchers inHauts-de-Seine alone

> 280 research centers in the public and private sec-tors

> World-renowned public research labs including theNational Office for Aerospace Studies and Re-search (ONERA), the Alternative Energies and Ato-mic Energy Commission (CEA), the NationalResearch Institute for Exploration of the Sea

> Private research centres of Sanofi, Areva, Total, Al-catel Lucent, Orange Labs, Novartis, etc. located inHauts-de-Seine

Success stories

> Microsoft, the IT giant, has located its global R&D center in Issy-les-Moulineaux de-dicated to the search engine "Live Search", where it employs around 100 engineers

> Sorin Group, the Italian world leader in medical technologies for cardiac surgery,chose Clamart to set up its world class excellence center for cardiac rhythm ma-nagement disorders (CRM), currently employing 500 people and with a further150 to be employed by 2013

> Huawei Technologies, the Chinese telecoms supplier, has opened a cutting-edgeemployee training center in Suresnes, including laboratories and classrooms

Strong specialization in R&D with over 280 research centres

7% of European combined private and public research workforce is located in the Paris region 2,630 patents applications in 2010 © T

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Breathe Choose Hauts-de-Seine, the relaxing experience

Inspiring location at the crossroads of culture and nature

Located on the doorstep of Paris, Hauts-de-Seine offers an ideal living andworking environment tailored to attract and retain the best talents:

> Access to Paris region’s unique lifestyle in terms of art, gastronomy,theatre and fashion offer

> Numerous recreational opportunities in walkways and landscaped areas,with over 5,000 hectares of green spaces (45% of the area), including 19 parks and gardens, 3 forests and 70 km of riverbanks

> Hauts-de-Seine “Valley of Culture” initiative providing broad and high-endcultural activities with a wide range of live concerts (programme www.val-lee-culture.fr)

> The Domaine de Sceaux features live concerts of Chamber music , Baroquemusic, outdoor operas and exhibitions

> Outstanding education offer for expatriate children with 39 internationalschools in the Paris Region - including 9 in Hauts-de-Seine (American School of Paris, Marymount School, Lycée Espagnol de Paris,Rainbow Pre-School...)

> Extensive sport and leisure facilities, including 5 golf clubs, 14 horse-ridingcenters, as well as renowned rugby, handball and tennis clubs and nume-rous nautical activities on the Sena such as rowing, jet ski or kayaking

Did you know…?

> French healthcare system ranked No.1 in the

world (WHO, World Health Report)

> France ranked No.1 country in the world for

quality of life (International Living, 2010)

> Paris Region world No.1 tourist destination,

with 42 million visitors every year

> “French gastronomic meal” listed in UNESCO’s

Intangible Cultural Heritage

Open air Opera "Rigoletto" of GiuseppeVerdi in front of the Castle of Sceaux, 2009

Open air Opera "Ms Butterfly" of Giacomo Pucciniin front of the Castle of Sceaux, 2011

The Domaine de Sceaux – a large park over 180 hectares designed by Le Nôtre, flagship of French cultural heritage, receives above 2 million visitors a year

Albert-Kahn, museum and gardens.A prestigious heritage from Colbert,at the Castle of Sceaux©

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Imagine… Choose Hauts-de-Seine, an area full of projects

> The “Seguin Island” will be turned into a cultural and economic hub, offering on 11Haa ”Music City”, a contemporaryarts complex and offices withhigh environmental standards,including towers designed byJean Nouvel

> The soon-to-be-delivered Phare, D2 and Basalte Towers:some of the many new buildingprojects of La Défense Renovation Plan. These towerscomply with the newest standards of environmental quality, supply offices with large floors areas and are designed by the greatest namesin contemporary architecture

Phare Tower D2 Tower The Basalte Tower will host Société Générale future trading floor (3,500 traders and 43,000 sqm)

The attractiveness of the Ile Seguin will come from an exceptional urban mix, making it the place to be day and night.

The future Arena stadium in Nanterre will be a major place of entertainment for sports, concerts and cultural events, No.3 by size in the Paris region (capacity of up to 40,000 people)

The new front "glass skin" of the College Descartes in Antony: one of the 130 middle schoolsin Hauts-de-Seine, providing pupils, teachers and parents a unique digital environment

The future interchange station of Nanterre University: a major part of the renovation projectof the University district, planning to develop offices, shops, services and public spaces

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For successful business setup, think Hauts-de-Seine A professional team at your service

The Conseil général des Hauts-de-Seine is the authority in charge of the Hauts-de-Seine Administrative region. Its Business Development Team has responsibility for foreign direct investment and helps overseas companies to set up and expand their businesses in the area.

We provide free advice and customized services in strict confidentiality, to help businessessucceed in their expansion plans:

> Key data on the local economy, business climate, tax & legal, costs > Tailored information on your sector and business activity, case studies> Assistance with administrative procedures, registration, visas> Support in the recruitment process > Site selection services matching your project requirements and on the ground visits> Connection to business networks and partners, local authorities and academic institutions

setupinfrance.com

ContactsHead office

Conseil général des Hauts-de-Seine Business Development Department14 avenue François Arago 92000 Nanterre Paris Region, France

>Ms. Aurélie Albert-Wulfsohn aalbert@cg92.fr +33 (0)1 47 29 31 59

Overseas network

> United-States> Japan> China> India> United Arab Emirates

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