Eurotunnel PLC/Eurotunnel S.A. 31 May 2005 31 May 2005 Corporate Governance In the lead up to the Annual General Meeting of Shareholders, Eurotunnel strengthens its rules on corporate governance. At the Board Meeting on Monday 30 May 2005 a number of key decisions relating to corporate governance were made: • the adoption of a Directors code; • the establishment of a Strategy Committee; • the nomination of Robert Rochefort as Senior Independent Director; • the establishment of procedures to call on independent advisors to ensure proper transparency in the selection of future members of the Joint Board. The financial negotiations essential to the future of the group have begun and the Board is working to integrate Eurotunnel as a vital element in the trans-European transport infrastructure. The Group is now putting in place the mechanisms to ensure the highest standards for corporate governance. Media enquiries: Eurotunnel Press Office, tel: + 44 (0) 1303 288728 or + 44 (0) 1303 288737 Investor enquiries: Xavier Clement, tel: + 33 1 55 27 36 27 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 other 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