Decisions of the Eurotunnel Board

The Board of Eurotunnel met today in Coquelles, France and made the following decisions:

• It appointed Hervé Huas as Deputy Chief Executive of the Eurotunnel Group;

• It decided to reduce by half the fees currently paid to the non-executive directors;

• It will submit the 2003 accounts, without modification, for approval to the Annual General Meeting of Eurotunnel SA that considers the accounts for 2004.