France Telecom reaffirms 3-year EUR 1.40 dividend policy

France Telecom-Orange has reaffirmed its commitment to pay a EUR 1.40 per share dividend for this year, 2011 and 2012, despite the recent arbitration ruling that Telekomunikacja Polska must pay approximately EUR 396 million to Danish Polish Telecommunications Group, 25 percent owned by Denmark's TDC. The French group stated that it has already made the appropriate provisions relative to the proceedings for which the decision was expected although the calendar remained uncertain. In addition, the potential financial impact is excluded from the group's organic cash flow guidance for 2010 alongside all other exceptional items.