"Today the UK has a special place in Europe, it has always had," Hollande told a press conference after the negotiating marathon.
Pointing out that Britain has never been in the eurozone and is not covered by the EU rights charter, Hollande went on to say that there had been "no special dispensations from the rules of the single market or UK veto over the eurozone, which is very important for France".
Another sticking point for the French government was the idea of different rules applying to the City of London to those that apply to other European bourses.
The same rules, with the same supervisory bodies, will continue to apply to all financial markets, Hollande said.
In a radio interview during a break in Friday's negotiations he warned of the danger of other countries being tempted to opt out if the UK does so in the planned referendum in June and promised to do what he could to keep the UK in Europe "but not under any conditions ... we can't give in to any kind of blackmail".
"We mustn't give the impression that Europe is self-service where you come and take what you want," he warned Cameron once the agreement had been reached.