becoming a shareholder

France Telecom shares are listed in Paris (ISIN: FR0000133308) and New York (NYSE:FTE). To become a shareholder in France Telecom, you will need to get in touch with a financial intermediary and send them your buy order.
 
You will then be able to choose between three type of France Telecom shares:
 
direct registered shares
France Telecom's direct registered share service, managed by BNP Paribas Securities Services, enables you to benefit from no custodian fees and discounted transaction costs*, as well as a personalised service:
- an online service to consult and manage your registered account, submit and track your stock market orders online (available if you have returned a stock market services contract to the direct registered shares service),
- direct information: the shareholders’ letter and invitations to attend general meetings are sent out to you individually and automatically,
- a call center available for you from 9 am to 6 pm (French time) Monday to Friday  by simply dialing 1010 (toll-free number from a France Telecom landline).
 
administered registered shares
Your shares are managed by your financial intermediary in relation with BNP Paribas Securities Services. We automatically send you personal invitations to attend France Telecom's general meetings. Custodian fees and transaction costs must be negociated with your financial intermediary.
 
bearer shares
Your shares are kept by the financial intermediary of your choice. In this case, the shareholder is not known to France Telecom, except for in the event of a one-off request for an identifiable bearer securities survey, which makes it possible for a listed company to obtain the list of its shareholders from Euroclear.


 
*According to french tax rules: transaction costs are based on a flat-rate commission (7.62 euros net of tax) and brokerage costs (representing 0.3% net of tax calculated based on the gross amount of the deal).