PARIS -- France Telecom is pleased to announce the enhancement of its American Depositary Receipt program with the registration of an additional 150 million American Depositary Shares with the Securities and Exchange Commission.

France Telecom’s ADR program is a sponsored level 3 American Depositary Receipt program. France Telecom Depositary Receipts are traded on the New York Stock Exchange under the ticker symbol FTE.

The Bank of New York Mellon acting as ADR depositary will inform the market of the effective date for the reopening of the books of France Telecom's ADR program for issuance. This date is expected to be on March 15th, 2010. The relevant F-6 Form will be filed today with the SEC.

France Telecom’s Deputy CEO and CFO, Gervais Pellissier, commented: “The reopening of France Telecom’s ADR books for issuance is an important milestone, underlining the Group's commitment towards North American investors. France Telecom has had a solid shareholder base in North America for years and we believe the enhancement of our ADR program is a valuable service for our existing and potential shareholders. We are willing to manage our ADR program on long term dynamics to meet our shareholders’ needs.”

Orange (NYSE: FTE)