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<p style="text-align: center; margin: 0px 0px 15px;"><b>As filed with the Commission on March 8, 2016 - Registration No. 333-</b></p>
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<p style="font-weight: bold; text-align: center; margin: 15px 0px 0px;"><font style="font-size: 22px; font-weight: bold;">UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION</font></p>
<p style="text-align: center; margin: 0px;">Washington, D.C. 20549</p>
<p style="text-align: center; margin: 0px 0px 15px;">_______________</p>
<p style="font-weight: bold; text-align: center; margin: 0px;"><font style="font-size: 22px; font-weight: bold;">FORM S-8<br> </font><font style="font-size: 18px; font-weight: bold;">REGISTRATION STATEMENT<br> UNDER THE SECURITIES ACT OF 1933</font></p>
<p style="text-align: center; margin: 0px 0px 15px;">_______________</p>
<p style="font-weight: bold; text-align: center; margin: 0px;"><font style="font-size: 22px; font-weight: bold;">ORANGE</font></p>
<p style="text-align: center; margin: 0px 0px 15px;">(Exact name of Registrant as specified in its charter)</p>
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<p style="font-size: 14px; text-align: center; margin: 0px;"><b>Republic  of France</b></p>  </td>  <td width="342" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; text-align: center; margin: 0px;"><b>Not  Applicable</b></p>  </td> </tr> <tr>  <td width="270" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; text-align: center; margin: 0px;">(State  or other jurisdiction of<br>  incorporation or organization)</p>  </td>  <td width="342" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; text-align: center; margin: 0px;">(I.R.S.  Employer<br>  Identification Number)</p>  </td> </tr> <tr>  <td width="270" valign="top" style="font-size: 16px;"></td>  <td width="342" valign="top" style="font-size: 16px;"></td> </tr> </table>
<p style="font-weight: bold; text-align: center; margin: 0px 0px 15px;">78, rue Olivier de Serres<br> 75015 Paris, France</p>
<p style="text-align: center; margin: 0px 0px 15px;">Tel. No.: +33-1-44-44-22-22</p>
<p style="text-align: center; margin: 0px 0px 15px;">(Address and telephone number of Registrant's principal executive offices)</p>
<p style="font-weight: bold; text-align: center; margin: 0px;"><font style="font-size: 18px; font-weight: bold;">ORANGE EMPLOYEE SHARE OFFERING</font></p>
<p style="text-align: center; margin: 0px 0px 15px;">(Full title of the plan)</p>
<p style="font-weight: bold; text-align: center; margin: 0px 0px 15px;"><font style="font-weight: bold;">Orange Participations U.S. Inc.<br> 13375 McLearen Road<br> Oak Hill, Virginia 20171<br> USA<br> <br> </font></p>
<p style="font-weight: bold; text-align: center; margin: 0px;"><font style="font-weight: bold;">Tel. No.: +1-703-375-7358</font></p>
<p style="text-align: center; margin: 0px 0px 15px;">(Name, address and telephone number of agent for service)</p>
<p style="font-weight: bold; text-align: center; margin: 0px 0px 15px;">Copies to:<br> Sami L. Toutounji<br> Shearman &amp; Sterling LLP<br> 114, avenue des Champs-Elys&eacute;es<br> 75008 Paris, France</p>
<p style="margin: 15px 0px 0px;">Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer or a non-accelerated filer, or a smaller reporting company.&nbsp;&nbsp;See the definitions of &ldquo;large accelerated filer&rdquo;, &ldquo;accelerated filer&rdquo; and &ldquo;smaller reporting company&rdquo; in Rule 12b-2 of the Exchange Act.&nbsp;&nbsp;(Check one):</p>
<p style="margin: 15px 0px 0px;">Large accelerated filer&nbsp;&nbsp;<img src="check.gif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accelerated filer&nbsp;&nbsp;<img src="uncheck.gif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-accelerated filer&nbsp;&nbsp;<img src="uncheck.gif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Smaller reporting company&nbsp;&nbsp;<img src="uncheck.gif"></p>
<p style="font-weight: bold; text-align: center; margin: 15px 0px;"><font style="font-weight: bold;">CALCULATION OF REGISTRATION FEE</font></p>
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<p style="font-size: 14px; text-align: center; margin: 4px 0px;"><b><font style="font-size: 11px;">Title of Securities<br>  to be Registered</font></b></p>  </td>  <td width="84" valign="top" style="font-size: 16px; border-top-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-right-color: rgb(0, 0, 0); border-top-style: double; border-bottom-style: solid; border-right-style: solid; border-top-width: 2px; border-bottom-width: 1px; border-right-width: 1px;">
<p style="font-size: 14px; text-align: center; margin: 4px 0px;"><b><font style="font-size: 11px;">Amount to be<br>  Registered</font></b></p>  </td>  <td width="144" valign="top" style="font-size: 16px; border-top-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-right-color: rgb(0, 0, 0); border-top-style: double; border-bottom-style: solid; border-right-style: solid; border-top-width: 2px; border-bottom-width: 1px; border-right-width: 1px;">
<p style="font-size: 14px; text-align: center; margin: 4px 0px;"><b><font style="font-size: 11px;">Proposed Maximum<br>  Offering Price Per Security</font></b></p>  </td>  <td width="138" valign="top" style="font-size: 16px; border-top-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-right-color: rgb(0, 0, 0); border-top-style: double; border-bottom-style: solid; border-right-style: solid; border-top-width: 2px; border-bottom-width: 1px; border-right-width: 1px;">
<p style="font-size: 14px; text-align: center; margin: 4px 0px;"><b><font style="font-size: 11px;">Proposed Maximum<br>  Aggregate Offering Price</font></b></p>  </td>  <td width="96" valign="top" style="font-size: 16px; border-top-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-top-style: double; border-bottom-style: solid; border-top-width: 2px; border-bottom-width: 1px;">
<p style="font-size: 14px; text-align: center; margin: 4px 0px;"><b><font style="font-size: 11px;">Amount of<br>  Registration Fee</font></b></p>  </td> </tr> <tr>  <td width="186" valign="top" style="font-size: 16px; border-top-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-right-color: rgb(0, 0, 0); border-top-style: none; border-bottom-style: solid; border-right-style: solid; border-top-width: 0px; border-bottom-width: 1px; border-right-width: 1px;">
<p style="font-size: 14px; margin: 4px 0px;"><font style="font-size: 11px;">Ordinary Shares,  nominal value &euro;4.00 per share (the &ldquo;<b>Ordinary</b> <b>Shares</b>&rdquo;) (1)</font></p>  </td>  <td width="84" valign="top" style="font-size: 16px; border-top-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-right-color: rgb(0, 0, 0); border-top-style: none; border-bottom-style: solid; border-right-style: solid; border-top-width: 0px; border-bottom-width: 1px; border-right-width: 1px;">
<p style="font-size: 14px; text-align: center; margin: 4px 0px;"><font style="font-size: 11px;">200,000 (2)</font></p>  </td>  <td width="144" valign="top" style="font-size: 16px; border-top-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-right-color: rgb(0, 0, 0); border-top-style: none; border-bottom-style: solid; border-right-style: solid; border-top-width: 0px; border-bottom-width: 1px; border-right-width: 1px;">
<p style="font-size: 14px; text-align: center; margin: 4px 0px;"><font style="font-size: 11px;">$17.54 (3)</font></p>  </td>  <td width="138" valign="top" style="font-size: 16px; border-top-color: rgb(0, 0, 0); border-bottom-color: rgb(0, 0, 0); border-right-color: rgb(0, 0, 0); border-top-style: none; border-bottom-style: solid; border-right-style: solid; border-top-width: 0px; border-bottom-width: 1px; border-right-width: 1px;">
<p style="font-size: 14px; text-align: center; margin: 4px 0px;"><font style="font-size: 11px;">$3,508,000</font></p>  </td>  <td width="96" valign="top" style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; text-align: center; margin: 4px 0px;"><font style="font-size: 11px;">$353.26</font></p>  </td> </tr> </table>
<p style="text-indent: -24px; margin: 0px 0px 15px 48px;">(1)<font>&nbsp;&nbsp;</font>American Depositary Receipts evidencing American Depositary Shares issuable upon request after expiration of the five-year lock-up period on deposit of the Ordinary Shares of Orange SA (the &ldquo;<b>Registrant</b>&rdquo;) have been registered pursuant to separate registration statements on Form F-6 (Registration Nos. 333-137049, 333-149853, 333-181401) and currently are traded on the New York Stock Exchange under the ticker symbol &ldquo;ORAN&rdquo;.</p>
<p style="text-indent: -24px; margin: 0px 0px 15px 48px;">(2)<font>&nbsp;</font>This registration statement on Form S-8 (the &ldquo;<b>Registration Statement</b>&rdquo;) covers up to 200,000 Ordinary Shares that may be acquired by eligible employees under the Orange Employee Share Offering (the &ldquo;<b>Plan</b>&rdquo;). The amount being registered also includes an indeterminate number of Ordinary Shares which may be offered as a result of stock splits, stock dividends and anti-dilution provisions and other terms, in each case in accordance with Rule 416 of the Securities Act of 1933, as amended (the &ldquo;<b>Securities Act</b>&rdquo;).</p>
<p style="text-indent: -24px; margin: 0px 0px 15px 48px;">(3)<font>&nbsp;</font>Estimated solely for the purpose of calculating the registration fee.&nbsp;&nbsp;Such estimate is calculated pursuant to Rules 457(c) and 457(h) under the Securities Act, based on the average of the high and low prices ($17.46 and $17.62, respectively) of the Registrant&rsquo;s ADSs on the New York Stock Exchange on February 25, 2016.<font> </font></p>
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<div> <p style="font-weight: bold; color: rgb(0, 0, 0); text-align:center; margin:40px 0px;"><font style="font-weight: bold; color: rgb(0, 0, 0);">Part I</font><font style="font-weight: bold; color: rgb(0, 0, 0); font-size:18px;"><br> INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">The information required by Item 1 and Item 2 of Part I of Form S-8 is omitted from this filing in accordance with Rule 428 under the Securities Act and the introductory note to Part I of Form S-8. The documents containing the information specified in Part I will be delivered to the participants in the plan covered by this Registration Statement as required by Rule 428(b)(1).</p>
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<p style="font-weight: bold; color: rgb(0, 0, 0);  text-align:center; margin:40px 0px;"><font style="font-weight: bold; color: rgb(0, 0, 0);">Part II</font><font style="font-weight: bold; color: rgb(0, 0, 0); font-size:18px;"><br> INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></p> <p style="font-weight: bold; color: rgb(0, 0, 0); text-indent: -96px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">Item 3.<font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></font><font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;<font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font><font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font>&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Incorporation of Documents by Reference.</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">We incorporate by reference:</p> <p style="color: rgb(0, 0, 0); text-indent: 24px; margin: 0px 0px 15px;"><font style="color: rgb(0, 0, 0);">-</font><font style="color: rgb(0, 0, 0);"><font style="text-indent: 24px; margin: 0px 0px 15px;"><font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font>our Annual Report on Form 20-F for the fiscal year ended December 31, 2014 (File No. 1-14712) (our &ldquo;<b>Annual Report</b>&rdquo;), filed on April 15, 2015 with the U.S. Securities and Exchange Commission (the &ldquo;<b>Commission</b>&rdquo;) pursuant to the Securities Exchange Act of 1934, as amended (the &ldquo;<b>Exchange Act</b>&rdquo;);</font></p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the consolidated financial statements for the for the fiscal year ended December 31, 2015, but not including the auditors&rsquo; report with respect to these statements, submitted to the Commission under cover of Form 6-K pursuant to the Exchange Act on February 16, 2016, as well as the press release entitled &ldquo;Orange exceeds its financial targets, stabilising restated EBITDA, supported by strong commercial momentum in very high-speed broadband&rdquo;<font style="color:black">, </font>submitted to the Commission under cover of Form 6-K on February 16, 2016;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange and Deutsche Telekom reached an agreement with BT for the divestment of 100% of their shares in EE&rdquo;, submitted to the Commission under cover of Form 6-K on February 5, 2015;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange buys-out Orascom&rsquo;s participation and rights in Mobinil (ECMS)&rdquo;, submitted to the Commission under cover of Form 6-K on February 23, 2015;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange and Vivendi enter exclusive negotiations for the acquisition by Vivendi of an 80% stake in Dailymotion&rdquo;, submitted to the Commission under cover of Form 6-K on April 7, 2015;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange announces the success of its tender offer on Jazztel&rdquo;, submitted to the Commission under cover of Form 6-K on June 26, 2015;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange increases its interest in the Moroccan operator M&eacute;ditel with the acquisition of an additional 9% of its capital&rdquo;, submitted to the Commission under cover of Form 6-K on July 27, 2015;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange signs an agreement with Helios Investment Partners for the sale of its stake in Telkom Kenya&rdquo;, submitted to the Commission under cover of Form 6-K on November 9, 2015;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange is proud to obtain two blocks of 700MHz in French spectrum auction&rdquo;, submitted to the Commission under cover of Form 6-K on November 23, 2015;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Groupama and Orange enter exclusive negotiations for the creation of &ldquo;Orange Bank&rdquo;, an innovative, 100% mobile bank&rdquo;, submitted to the Commission under cover of Form 6-K on January 5, 2016;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange will acquire 100% of the mobile operator Cellcom Liberia&rdquo;, submitted to the Commission under cover of Form 6-K on January 12, 2016;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange to acquire Airtel&rsquo;s subsidiaries in Burkina Faso and Sierra Leone&rdquo;, submitted to the Commission under cover of Form 6-K on January 13, 2016; </p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;The Competition and Markets Authority (CMA) approves sale of EE by Orange and Deutsche Telekom&rdquo;, submitted to the Commission under cover of Form 6-K on January 15, 2016;</p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange completes the sale of its shares in EE to BT&rdquo;, submitted to the Commission under cover of Form 6-K on January 29, 2016; </p>
<p style="text-indent: 24px; margin: 0px 0px 15px;">-<font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>the press release entitled &ldquo;Orange to acquire Millicom&rsquo;s subsidiary in the Democratic Republic of the Congo (&ldquo;DRC&rdquo;)&rdquo;, submitted to the Commission under cover of Form 6-K on February 2, 2016; and</p> <p style="color: rgb(0, 0, 0); text-indent: 24px; margin: 0px 0px 15px;"><font style="color: rgb(0, 0, 0);">-<font style="text-indent: 24px; margin: 0px 0px 15px;"><font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font></font><font style="color: rgb(0, 0, 0);">the description of our Ordinary Shares contained in Item 10 of our Annual Report on Form 20-F for the fiscal year ended December 31, 2007 (File No. 1-14712), filed on May 2, 2008 with the Commission.</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">All documents that the Registrant subsequently files with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold, or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and are a part thereof from the date of filing of such documents.</p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">Any statement contained in a document incorporated or deemed incorporated by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which is incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</p>
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  <div style="clear:both"></div></div> <p style="font-weight: bold; color: rgb(0, 0, 0); text-indent: -96px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">Item 4.</font><font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;<font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;&nbsp;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;</font></font>Description of Securities.</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">Not applicable.</p>
<p style="font-weight: bold; color: rgb(0, 0, 0); text-indent: -96px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">Item 5.<font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;<font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font><font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font>&nbsp;&nbsp;&nbsp;</font></font></font><font style="font-weight: bold; color: rgb(0, 0, 0);">Interests of Named Experts and Counsel.</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">Nicolas Gu&eacute;rin, who is providing an opinion on the legality of the Ordinary Shares being registered hereby, is Group General Counsel of the Registrant. As an employee of the Registrant, Nicolas Gu&eacute;rin participates or is eligible to participate in employee benefit plans of the Registrant on the same basis as other similarly eligible employees. Pursuant to such plans, he owns or has options or other rights to acquire an aggregate of less than 1% of the outstanding Ordinary Shares. Nicolas Gu&eacute;rin is eligible to participate in the Plan.</p> <p style="font-weight: bold; color: rgb(0, 0, 0); text-indent: -96px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">Item 6.</font><font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;&nbsp;&nbsp;<font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;<font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font><font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font>&nbsp;&nbsp;&nbsp;</font>&nbsp;</font>Indemnification of Directors and Officers.</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">The Registrant maintains liability insurance for its directors and officers, including insurance against liabilities under the Securities Act.</p> <p style="font-weight: bold; color: rgb(0, 0, 0); text-indent: -96px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">Item 7.<font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;&nbsp;&nbsp;<font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;<font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font><font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font>&nbsp;&nbsp;&nbsp;&nbsp;</font>&nbsp;</font></font><font style="font-weight: bold; color: rgb(0, 0, 0);">Exemption from Registration Claimed.</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">Not applicable.</p> <p style="font-weight: bold; color: rgb(0, 0, 0); text-indent: -96px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">Item 8.<font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;&nbsp;&nbsp;<font style="color: rgb(0, 0, 0);"></font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;<font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font><font style="font-weight: bold; color: rgb(0, 0, 0);"><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;</font></font>&nbsp;&nbsp;&nbsp;</font>&nbsp;</font></font><font style="font-weight: bold; color: rgb(0, 0, 0);">Exhibits.</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">See Exhibit List.</p>
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<p style="font-weight: bold; color: rgb(0, 0, 0); text-indent: -96px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">Item 9.</font><font style="font-weight: bold; color: rgb(0, 0, 0);">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Undertakings.</font></p> <p style="color: rgb(0, 0, 0); text-indent: 96px; margin: 0px 0px 15px;"><font style="color: rgb(0, 0, 0);">(a)  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="color: rgb(0, 0, 0);">The undersigned Registrant hereby undertakes:</font></p> <p style="color: rgb(0, 0, 0); text-indent: 48px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">(1)</font><font style="color: rgb(0, 0, 0);"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To file, during any period in which offers or sales are being made of securities registered hereby, a post-effective amendment to this Registration Statement which shall include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement</font><font style="color: rgb(0, 0, 0);">;</font></p>
<p style="color: rgb(0, 0, 0); text-indent: 48px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">(2)</font><font style="color: rgb(0, 0, 0);"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <i>bona fide</i> offering thereof</font><font style="color: rgb(0, 0, 0);">; and</font></p>
<p style="color: rgb(0, 0, 0); text-indent: 48px; margin: 0px 0px 15px 96px;"><font style="color: rgb(0, 0, 0);">(3)</font><font style="color: rgb(0, 0, 0);"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering</font><font style="color: rgb(0, 0, 0);">;</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">provided, however, that the undertakings set forth in paragraphs (a)(1) and (a)(2) above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.</p> <p style="color: rgb(0, 0, 0); text-indent: 96px; margin: 0px 0px 15px;"><font style="color: rgb(0, 0, 0);">(b)  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="color: rgb(0, 0, 0);">The undersigned Registrant hereby further undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&rsquo;s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <i>bona fide</i> offering thereof</font><font style="color: rgb(0, 0, 0);">.</font></p> <p style="color: rgb(0, 0, 0); text-indent: 96px; margin: 0px 0px 15px;"><font style="color: rgb(0, 0, 0);">(c)  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="color: rgb(0, 0, 0);">Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.&nbsp;&nbsp;In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue</font><font style="color: rgb(0, 0, 0);">. </font></p>
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<p style="font-weight: bold; text-align: center; margin: 0px 0px 15px;"><font style="font-weight: bold;">SIGNATURES</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Paris, Republic of France, on March 8th, 2016.</p>
<p style="margin: 0px 0px 0px 288px;">ORANGE SA</p>
<p style="margin: 15px 0px 0px 288px;">By: <font style="font-size: 14px; margin: 0px; border-bottom:1px solid #000000">/s/ Ramon FERNANDEZ&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></p>
<p style="margin: 5px 0px 0px 288px;">Name: Ramon FERNANDEZ</p>
<p style="margin: 0px 0px 0px 288px;">Title: CEO Delegate</p>
<p style="font-weight: bold; text-align: center; margin: 15px 0px;"><font style="font-weight: bold;"></font><font style="font-weight: bold;"><br style="page-break-before:always"> POWER OF ATTORNEY</font></p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints each of Ramon FERNANDEZ, J&eacute;r&ocirc;me BERGER and Beno&icirc;t DUSSERT, and each of them severally, his true and lawful attorney or attorneys, with power of substitution and resubstitution to sign in his name, place and stead in any and all such capacities, the registration statement on Form S-8 (the &ldquo;<b>Registration Statement</b>&rdquo;) to be filed by Orange SA (the &ldquo;<b>Registrant</b>&rdquo;) with the United States Securities and Exchange Commission (the &ldquo;<b>Commission</b>&rdquo;) in connection with the Orange Employee Share Offering 2016, and any and all amendments thereto (including post-effective amendments) and any documents in connection therewith, and any registration statement filed by the Registrant pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the &ldquo;<b>Securities Act</b>&rdquo;), which relates to the Registration Statement, and to file any of the same with the Commission. Each of said attorneys shall have power to act with or without the other, and shall have full power and authority to do and perform, in the name and on behalf of each such officer and director of the Registrant who shall have executed this Power of Attorney, every act whatsoever which such attorneys, or any one of them, may deem necessary or desirable to be done in connection therewith as fully and to all intents and purposes as such officer or director of the Registrant might or could do in person.</p>
<p style="text-indent: 96px; margin: 0px 0px 15px;">Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons in the indicated capacities as of February 15, 2016.</p>
<table cellspacing="0" cellpadding="4" width="100%" style="margin: 10px 0px; border-collapse: collapse;">
  <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;"><b><u><font style="font-weight: bold;">Name and Signature</font></u></b></p>  </td>
    <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
    <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;"><b><u><font style="font-weight: bold;">Title</font></u></b></p>  </td>  </tr>  <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td>  </tr>  <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td>  </tr>  <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Stephane  Richard</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Stephane Richard</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Chairman and Chief Executive Officer</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Ramon  Fernandez</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Ramon Fernandez </p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Chief Executive Officer Delegate, Finance and  Strategy (Chief Financial Officer)</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/  Christophe Eouzan</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Christophe Eouzan</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Principal Accounting Officer</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Daniel  Bertho</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Daniel Bertho </p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Jean-Luc  Burgain</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Jean-Luc Burgain</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Ghislaine  Coinaud</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Ghislaine Coinaud</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Bernard  Dufau</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Bernard Dufau</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Jos&eacute;-Luis  Dur&agrave;n</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Jos&eacute;-Luis Dur&agrave;n</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Jean-Yves  Gilet</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Jean-Yves Gilet</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Daniel  Guillot</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Daniel Guillot</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Claudie  Haigner&eacute;</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Claudie Haigner&eacute;</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/  Charles-Henri Filippi</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Charles-Henri Filippi</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Helle  Kristoffersen</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Helle Kristoffersen</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Anne  Lange</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Anne Lange</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Lucie  Muniesa</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Lucie Muniesa</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Mouna  Sepehri</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Mouna Sepehri</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Jean-Michel  Severino</p>  </div>  </td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Jean-Michel Severino</p>  </td>
        <td width="10" valign="top" style="font-size: 16px;">&nbsp;</td>
        <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Director</p>  </td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
  <td width="10" valign="top" style="font-size: 16px;"></td>
  <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 16px 0px 0px;"><b>Authorized Representative in the United  States: </b></p>  </td>
    <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
      <td width="10" valign="top" style="font-size: 16px;"></td>
      <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;"></td>
        <td width="10" valign="top" style="font-size: 16px;"></td>
        <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<div style="font-size: 16px; border-bottom-color: rgb(0, 0, 0); border-bottom-style: solid; border-bottom-width: 1px;">
<p style="font-size: 14px; margin: 0px;">/s/ Johan Van  den Cruijce</p>  </div>  </td>
          <td width="10" valign="top" style="font-size: 16px;"></td>
          <td valign="top" style="font-size: 16px;"></td> </tr> <tr>  <td width="380" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Orange Participations U.S. Inc.</p>
<p style="font-size: 14px; margin: 0px;">By: Johan Van den Cruijce</p>
<p style="font-size: 14px; margin: 0px;">Title: President, Orange Participations U.S.  Inc.</p>  </td>
            <td width="10" valign="top" style="font-size: 16px;"></td>
    <td valign="top" style="font-size: 16px;"></td> </tr> </table>
<div style="padding: 5px 0px; margin: 80px 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(170, 170, 170); font-size: 11px; font-family: Arial, sans-serif;"><font style="float:right;">5</font>
  <div style="clear:both"></div></div>
<p style="font-weight: bold; text-align: center; margin: 0px 0px 15px;"><font style="font-weight: bold;"></font><font style="font-weight: bold;"><br style="page-break-before:always"> EXHIBIT INDEX</font></p>
<table cellspacing="0" cellpadding="4" width="100%" style="margin: 10px 0px; border-collapse: collapse;"> <tr>  <td width="160" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;"><u>Exhibit No. </u></p>  </td>  <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;"><u>Description of Document</u></p>  </td> </tr> <tr>  <td width="160" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">4.1</p>    </td>  <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Bylaws (<i>statuts</i>), as amended on May 27, 2014, of Orange SA  incorporated by reference from the Annual Report on Form 20-F for the fiscal  year ended December 31, 2014 (File No. 1-14712), filed with the Commission on  April 14, 2015.</p>    </td> </tr> <tr>  <td width="160" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;"><a href="ex4-2.htm" style="color:#FF4400">4.2*</a></p>  </td>  <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">U.S. Employee Plan Document Orange Ambition.</p>    </td> </tr> <tr>  <td width="160" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;"><a href="ex5-1.htm" style="color:#FF4400">5.1*</a></p>  </td>  <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px;">Opinion of Nicolas Gu&eacute;rin, as to the validity of the shares to be  issued pursuant to the Orange Employee Share Offering 2016.</p>    </td> </tr> <tr>  <td width="160" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;"><a href="ex23-1.htm" style="color:#FF4400">23.1*</a></p>  </td>  <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;">Consent of Deloitte &amp; Associ&eacute;s as  independent registered public accounting firm of Orange SA.</p>  </td> </tr> <tr>  <td width="160" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;"><a href="ex23-2.htm" style="color:#FF4400">23.2* </a></p>  </td>  <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;">Consent of Ernst &amp; Young Audit as  independent registered public accounting firm of Orange SA.</p>  </td> </tr> <tr>  <td width="160" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;">23.3*</p>  </td>  <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;">Consent of Nicolas Gu&eacute;rin (included in  Exhibit 5.1).</p>  </td> </tr> <tr>  <td width="160" valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;">24* </p>  </td>  <td valign="top" style="font-size: 16px;">
<p style="font-size: 14px; margin: 0px 0px 16px;">Power of Attorney (included on the  signature page).</p>  </td> </tr> </table>
<p style="margin: 0px 0px 15px;">____________________________<br> * Filed herewith.</p>  </div>     </div>
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As filed with the Commission on March 8, 2016 - Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
_______________
ORANGE
(Exact name of Registrant as specified in its charter)
Republic  of France
Not  Applicable
(State  or other jurisdiction of
incorporation or organization)
(I.R.S.  Employer
Identification Number)
78, rue Olivier de Serres
75015 Paris, France
Tel. No.: +33-1-44-44-22-22
(Address and telephone number of Registrant's principal executive offices)
ORANGE EMPLOYEE SHARE OFFERING
(Full title of the plan)
Orange Participations U.S. Inc.
13375 McLearen Road
Oak Hill, Virginia 20171
USA
Tel. No.: +1-703-375-7358
(Name, address and telephone number of agent for service)
Copies to:
Sami L. Toutounji
Shearman & Sterling LLP
114, avenue des Champs-Elysées
75008 Paris, France
Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer or a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer", "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.  (Check one):
Large accelerated filer
Accelerated filer
Non-accelerated filer
Smaller reporting company
CALCULATION OF REGISTRATION FEE
Title of Securities
to be Registered
Amount to be
Registered
Proposed Maximum
Offering Price Per Security
Proposed Maximum
Aggregate Offering Price
Amount of
Registration Fee
Ordinary Shares,  nominal value €4.00 per share (the "
Ordinary
Shares
") (1)
200,000 (2)
$17.54 (3)
$3,508,000
$353.26
(1)
American Depositary Receipts evidencing American Depositary Shares issuable upon request after expiration of the five-year lock-up period on deposit of the Ordinary Shares of Orange SA (the "
Registrant
") have been registered pursuant to separate registration statements on Form F-6 (Registration Nos. 333-137049, 333-149853, 333-181401) and currently are traded on the New York Stock Exchange under the ticker symbol "ORAN".
(2)
This registration statement on Form S-8 (the "
Registration Statement
") covers up to 200,000 Ordinary Shares that may be acquired by eligible employees under the Orange Employee Share Offering (the "
Plan
"). The amount being registered also includes an indeterminate number of Ordinary Shares which may be offered as a result of stock splits, stock dividends and anti-dilution provisions and other terms, in each case in accordance with Rule 416 of the Securities Act of 1933, as amended (the "
Securities Act
").
(3)
Estimated solely for the purpose of calculating the registration fee.  Such estimate is calculated pursuant to Rules 457(c) and 457(h) under the Securities Act, based on the average of the high and low prices ($17.46 and $17.62, respectively) of the Registrant's ADSs on the New York Stock Exchange on February 25, 2016.
Part I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information required by Item 1 and Item 2 of Part I of Form S-8 is omitted from this filing in accordance with Rule 428 under the Securities Act and the introductory note to Part I of Form S-8. The documents containing the information specified in Part I will be delivered to the participants in the plan covered by this Registration Statement as required by Rule 428(b)(1).
1
Part II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference.
We incorporate by reference:
-
our Annual Report on Form 20-F for the fiscal year ended December 31, 2014 (File No. 1-14712) (our "
Annual Report
"), filed on April 15, 2015 with the U.S. Securities and Exchange Commission (the "
Commission
") pursuant to the Securities Exchange Act of 1934, as amended (the "
Exchange Act
");
-
the consolidated financial statements for the for the fiscal year ended December 31, 2015, but not including the auditors' report with respect to these statements, submitted to the Commission under cover of Form 6-K pursuant to the Exchange Act on February 16, 2016, as well as the press release entitled "Orange exceeds its financial targets, stabilising restated EBITDA, supported by strong commercial momentum in very high-speed broadband"
,
submitted to the Commission under cover of Form 6-K on February 16, 2016;
-
the press release entitled "Orange and Deutsche Telekom reached an agreement with BT for the divestment of 100% of their shares in EE", submitted to the Commission under cover of Form 6-K on February 5, 2015;
-
the press release entitled "Orange buys-out Orascom's participation and rights in Mobinil (ECMS)", submitted to the Commission under cover of Form 6-K on February 23, 2015;
-
the press release entitled "Orange and Vivendi enter exclusive negotiations for the acquisition by Vivendi of an 80% stake in Dailymotion", submitted to the Commission under cover of Form 6-K on April 7, 2015;
-
the press release entitled "Orange announces the success of its tender offer on Jazztel", submitted to the Commission under cover of Form 6-K on June 26, 2015;
-
the press release entitled "Orange increases its interest in the Moroccan operator Méditel with the acquisition of an additional 9% of its capital", submitted to the Commission under cover of Form 6-K on July 27, 2015;
-
the press release entitled "Orange signs an agreement with Helios Investment Partners for the sale of its stake in Telkom Kenya", submitted to the Commission under cover of Form 6-K on November 9, 2015;
-
the press release entitled "Orange is proud to obtain two blocks of 700MHz in French spectrum auction", submitted to the Commission under cover of Form 6-K on November 23, 2015;
-
the press release entitled "Groupama and Orange enter exclusive negotiations for the creation of "Orange Bank", an innovative, 100% mobile bank", submitted to the Commission under cover of Form 6-K on January 5, 2016;
-
the press release entitled "Orange will acquire 100% of the mobile operator Cellcom Liberia", submitted to the Commission under cover of Form 6-K on January 12, 2016;
-
the press release entitled "Orange to acquire Airtel's subsidiaries in Burkina Faso and Sierra Leone", submitted to the Commission under cover of Form 6-K on January 13, 2016;
-
the press release entitled "The Competition and Markets Authority (CMA) approves sale of EE by Orange and Deutsche Telekom", submitted to the Commission under cover of Form 6-K on January 15, 2016;
-
the press release entitled "Orange completes the sale of its shares in EE to BT", submitted to the Commission under cover of Form 6-K on January 29, 2016;
-
the press release entitled "Orange to acquire Millicom's subsidiary in the Democratic Republic of the Congo ("DRC")", submitted to the Commission under cover of Form 6-K on February 2, 2016; and
-
the description of our Ordinary Shares contained in Item 10 of our Annual Report on Form 20-F for the fiscal year ended December 31, 2007 (File No. 1-14712), filed on May 2, 2008 with the Commission.
All documents that the Registrant subsequently files with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold, or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and are a part thereof from the date of filing of such documents.
Any statement contained in a document incorporated or deemed incorporated by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which is incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
2
Item 4.
Description of Securities.
Not applicable.
Item 5.
Interests of Named Experts and Counsel.
Nicolas Guérin, who is providing an opinion on the legality of the Ordinary Shares being registered hereby, is Group General Counsel of the Registrant. As an employee of the Registrant, Nicolas Guérin participates or is eligible to participate in employee benefit plans of the Registrant on the same basis as other similarly eligible employees. Pursuant to such plans, he owns or has options or other rights to acquire an aggregate of less than 1% of the outstanding Ordinary Shares. Nicolas Guérin is eligible to participate in the Plan.
Item 6.
Indemnification of Directors and Officers.
The Registrant maintains liability insurance for its directors and officers, including insurance against liabilities under the Securities Act.
Item 7.
Exemption from Registration Claimed.
Not applicable.
Item 8.
Exhibits.
See Exhibit List.
3
Item 9.
Undertakings.
(a)
The undersigned Registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made of securities registered hereby, a post-effective amendment to this Registration Statement which shall include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement
;
(2)
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof
; and
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering
;
provided, however, that the undertakings set forth in paragraphs (a)(1) and (a)(2) above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.
(b)
The undersigned Registrant hereby further undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof
.
(c)
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.  In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue
.
4
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Paris, Republic of France, on March 8th, 2016.
ORANGE SA
By:
/s/ Ramon FERNANDEZ
Name: Ramon FERNANDEZ
Title: CEO Delegate
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints each of Ramon FERNANDEZ, Jérôme BERGER and Benoît DUSSERT, and each of them severally, his true and lawful attorney or attorneys, with power of substitution and resubstitution to sign in his name, place and stead in any and all such capacities, the registration statement on Form S-8 (the "
Registration Statement
") to be filed by Orange SA (the "
Registrant
") with the United States Securities and Exchange Commission (the "
Commission
") in connection with the Orange Employee Share Offering 2016, and any and all amendments thereto (including post-effective amendments) and any documents in connection therewith, and any registration statement filed by the Registrant pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the "
Securities Act
"), which relates to the Registration Statement, and to file any of the same with the Commission. Each of said attorneys shall have power to act with or without the other, and shall have full power and authority to do and perform, in the name and on behalf of each such officer and director of the Registrant who shall have executed this Power of Attorney, every act whatsoever which such attorneys, or any one of them, may deem necessary or desirable to be done in connection therewith as fully and to all intents and purposes as such officer or director of the Registrant might or could do in person.
Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons in the indicated capacities as of February 15, 2016.
Name and Signature
Title
/s/ Stephane  Richard
Stephane Richard
Chairman and Chief Executive Officer
/s/ Ramon  Fernandez
Ramon Fernandez
Chief Executive Officer Delegate, Finance and  Strategy (Chief Financial Officer)
/s/  Christophe Eouzan
Christophe Eouzan
Principal Accounting Officer
/s/ Daniel  Bertho
Daniel Bertho
Director
/s/ Jean-Luc  Burgain
Jean-Luc Burgain
Director
/s/ Ghislaine  Coinaud
Ghislaine Coinaud
Director
/s/ Bernard  Dufau
Bernard Dufau
Director
/s/ José-Luis  Duràn
José-Luis Duràn
Director
/s/ Jean-Yves  Gilet
Jean-Yves Gilet
Director
/s/ Daniel  Guillot
Daniel Guillot
Director
/s/ Claudie  Haigneré
Claudie Haigneré
Director
/s/  Charles-Henri Filippi
Charles-Henri Filippi
Director
/s/ Helle  Kristoffersen
Helle Kristoffersen
Director
/s/ Anne  Lange
Anne Lange
Director
/s/ Lucie  Muniesa
Lucie Muniesa
Director
/s/ Mouna  Sepehri
Mouna Sepehri
Director
/s/ Jean-Michel  Severino
Jean-Michel Severino
Director
Authorized Representative in the United  States:
/s/ Johan Van  den Cruijce
Orange Participations U.S. Inc.
By: Johan Van den Cruijce
Title: President, Orange Participations U.S.  Inc.
5
EXHIBIT INDEX
Exhibit No.
Description of Document
4.1
Bylaws (
statuts
), as amended on May 27, 2014, of Orange SA  incorporated by reference from the Annual Report on Form 20-F for the fiscal  year ended December 31, 2014 (File No. 1-14712), filed with the Commission on  April 14, 2015.
4.2*
U.S. Employee Plan Document Orange Ambition.
5.1*
Opinion of Nicolas Guérin, as to the validity of the shares to be  issued pursuant to the Orange Employee Share Offering 2016.
23.1*
Consent of Deloitte & Associés as  independent registered public accounting firm of Orange SA.
23.2*
Consent of Ernst & Young Audit as  independent registered public accounting firm of Orange SA.
23.3*
Consent of Nicolas Guérin (included in  Exhibit 5.1).
24*
Power of Attorney (included on the  signature page).
____________________________
* Filed herewith.