Mary Alice Hayward

Vice President, Strategy, Government and International Affairs

AREVA, Inc.

Williams Mullen Alternative Energy Forum

May 26, 2011

Nuclear Power and Offshore Wind

Outline

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.2

Introduction to AREVA

AREVA and Virginia

The Path Forward for Nuclear Energy

Strengthening Virginia’s Role in Clean Energy

Development and Deployment

AREVA is Dedicated to a Portfolio of Clean Energy Solutions

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.3

AREVA’s North American Nuclear Energy Business

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.4

Idaho enrichment plant 3M SWUs by 2014 using ETC’s proven centrifuge technology

Mining sites in Canada

U.S. fuel fabrication plant providing UO2 powder, BWR & PWR fuel

U.S. EPRTM – UniStar CC-3

Design Certification and COLs in process

Consortium for New Construction with Bechtel

Newport News, VA heavy component manufacturing

N°1 in the services sector

30% of U.S. reactors and services market

Outage and repair services at > 75% of U.S. nuclear power

plants

Constructing U.S. MOX Plant

50% of used fuel dry cask storage

Lead for DOE recycling studies

AREVA Projects “Made in America”

AREVA Plays a Key Role in the Safe, Cost-Effective Nuclear Energy in the U.S.

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.5

AREVA supports all 104 U.S. nuclear energy facilities Including nuclear energy facilities in Virginia (North Anna and

Surry)

We are embedded in the North American nuclear industry

AREVA’s Renewable Energy Business

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.6

PRODUCTS

BIOENERGIES

SOLAR

ENERGY CARRIER AND STORAGE

Wind offshore leading technology with strong

position in target geographies

Specialized EPC company for biomass fired power

plants Ownership of range of critical technologies

World leading Solar Thermal Technology

Development of next generation solar technologies

Fuel cell design and production

Development of next generation storage solutions

and Hydrogen production

WIND POWER

AREVA’s Offshore Wind Offering is Well-Suited to the US (and Virginia!) Market

Significant experience 50 MW installed and

operating in Northern Germany since 2009

More than 1,500 MW confirmed or under negotiation in Europe

20 years design life-time

Complete EPC scope of delivery

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.7

Outline

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.8

Introduction to AREVA

AREVA and Virginia

The Path Forward for Nuclear Energy

Strengthening Virginia’s Role in Clean Energy

Development and Deployment

Virginia is Critical to AREVA – and to Affordable, Secure American Energy

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.9

••

Lynchburg, VA AREVA NP; AFS

Newport News, VA AREVA Newport News

2,150 of our more than 4,800 North American employees are in Virginia

Major industrial activities based in Virginia

Virginia is well-positioned to support – and benefit from - the expanded use of clean, secure, and affordable nuclear and off-shore wind

AREVA Investments in Virginia

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.10

Pump and Motor Facility$16M -- Lynchburg

MRR Training Facility$6M -- Lynchburg

Chemistry Lab$6M -- Lynchburg

Nuclear Component$363M – Newport News

Outline

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.11

Introduction to AREVA

AREVA and Virginia

The Path Forward for Nuclear Energy

Strengthening Virginia’s Role in Clean Energy

Development and Deployment

The Fundamental Drivers for Nuclear Energy Remain in Place

March 10, 2011The United States needed electricity generation sources that were:

Affordable

Secure

Job creators

Clean

Safe

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.12

May 26, 2011The United States needs electricity generation sources that are:

Affordable

Secure

Job creators

Clean

Safe

Most Countries have Reaffirmed their Commitment to Nuclear Energy

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.13

Reactions in UK, Czech Republic, Poland, Finland and The Netherlands

Nuclear energy plays a vital role

Conduct safety checks of installed base

Some delay in new build programs possible, but no plans to abandon new nuclear or stop construction

Strong, bi-partisan political support in the United States Reiterated safety of fleet and the opportunity to further

improve strong safety record Support continuation of the loan guarantee program Most utilities remain committed to new build plans

China Temporary suspension of approval of new plants; Safety

review underway

India confirmed that nuclear would continue

South Korea reviewing existing plants

Outline

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.14

Introduction to AREVA

AREVA and Virginia

The Path Forward for Nuclear Energy

Strengthening Virginia’s Role in Clean Energy

Development and Deployment

Strengthening Virginia’s Leadership Role in Clean Energy

Many challenges inhibiting the development and deployment of clean energy technologies are national

Inconsistent and frequently changing policies, financial incentives, and regulations

Virginia can help Consistent, reasonable, and transparent regulatory policies

Encourage national policy-makers to invest in infrastructure

Reward investment

Invest in people

> Nuclear Power and Offshore Wind - Alternative Energy Forum p.15

Building today means energy and economic security tomorrow