RNS Number:4894P
Eurotunnel PLC/Eurotunnel S.A.
12 January 2007



12 January 2007
Immediate release


               Eurotunnel signs pay agreement with French workers


Eurotunnel has today, 12 January 2007, signed a pay agreement for 2007 with all
of the company's French Trades Unions. The agreement is for:

-A salary increase of 2.25%, backdated to 01 January 2007;

-An exceptional bonus of 200Euro, to be paid at the end of the financial
restructuring (upon completion of the share exchange offer).

In parallel, an agreement on a profit sharing scheme which could reach 1000Eurofor
each of the years 2007, 2008 and 2009, will be concluded by the end of January
2007. This scheme is in line with the profit sharing scheme proposed by the
company at the end of December 2005 and negotiated during 2006. The conditions
attached to this scheme will be presented at the next meeting of the company's
Comite d'entreprise (French company council)


Number 001/2007



For media enquiries contact the Press Office on + 44 (0) 1303 284491.
Email: Press@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

STRBTMMTMMJBTJR

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.