LIQUIDITY AGREEMENT - Six-monthly return and increase to the means allocated to the agreement

Pursuant to the liquidity agreement entered into by Groupe Eurotunnel SA and Oddo Corporate Finance, as at 31 December 2011, the following stood to the credit of the liquidity account:

• 337,399 Groupe Eurotunnel shares

• EUR 474,655.30 in cash

For reference, as at the date of the last return, 30 June 2011, the following stood to the credit of the liquidity account:

• 113,178 Groupe Eurotunnel shares

• EUR 1,959,794.24 in cash

Groupe Eurotunnel SA and Oddo Corporate Finance have agreed to increase the means allocated to the liquidity agreement by an amount of EUR 700,000 to:

• 333,799 Groupe Eurotunnel shares

• EUR 1,199,972.94 in cash