RNS Number:7216M
Eurotunnel PLC/Eurotunnel S.A.
26 November 2006


Sunday 26 November 2006
Immediate release


    World's leading banks compete to finance Eurotunnel restructuring plan:
  Eurotunnel has binding offers from Citigroup and Goldman Sachs/Deutsche Bank


Eurotunnel has received two binding proposals, from world leading banking
groups, to finance the financial restructuring plan which will be the subject of
a vote by creditors tomorrow, 27 November.

Citigroup and a consortium composed of Goldman Sachs and Deutsche Bank have sent
the company proposals to finance the entire plan, thus proving its credibility
and the credibility of the forecasts upon which it is based.

The offer letters will be analysed by the company's advising banks and then by
its Audit Committee, before being submitted for Board approval.


No 100/2006

For media enquiries contact:

John Keefe on + 44 (0) 1303 284491
Email: John.keefe@eurotunnel.com

Ken Cronin on +44 788 7591499

For investor enquiries contact Michael Schuller on + 44 (0) 1303 288 749.
Email: michael.schuller@eurotunnel.com


                               www.eurotunnel.com


Eurotunnel manages the infrastructure of the Channel Tunnel and operates
accompanied truck shuttle and passenger shuttle (car and coach) services between
Folkestone, UK and Calais, France.  Eurotunnel also earns toll revenue from
train operators (Eurostar for rail passengers, and EWS and SNCF for rail
freight) which use the Tunnel. Eurotunnel is quoted in London, Paris and
Brussels.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

STREALFKADKKFFE
Eutelsat Communications (LSE:ETL)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Eutelsat Communications Charts.
Eutelsat Communications (LSE:ETL)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Eutelsat Communications Charts.