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CREDIT AGRICOLE - CREDIT LYONNAIS
ç The emergence of a major European banking group ç A historic vocation as a full service bank
ç A strong ambition to develop all its businesses
Page 2 A major European banking group
çThe seventh largest market capitalization amongst banks within euroland çTotal assets of € 824 Bn (June 30, 2003)
çShareholder's equity of € 20.7 bn (group share)
By its size
By its financial strength
By its rating Short Term Long Term
Standards & Poors A1+
AA-Moody’s Prime-1 Aa2
Fitch A1+ AA
Page 3 A financially strong group
No. 7 in Europe in terms of shareholders' equity (Crédit Agricole SA, Group share)
Sharehold Equity 2002
Company name ***
1. HSBC 49 911.00
2. Royal Bank of Scotland 36 166.71 3. Deutsche Bank 29 991.00 4. BNP Paribas 26 445.00
5. Barclays 23 356.08
6. Santander Central Hispano 21 173.00 7. Crédit Agricole Crédit Lyonnais 20 700.00
8. HSBOS 20 535.38 9. Crédit suisse 19 569.01 10. UBS 19.561.01 11. ING 18.254.00 12. Société Générale 15 734.00 13. BBVA 15 492.00 14. Intesa Bci 13 398.00 15. UniCredito 12 295.00 16. Llyods TSB 12 245.07 17. Fortis 10870.90 18. ABN AMRO 10 781.00 19. Sanpaolo IMI 10 536.00 20. Standard Chartered 10 283.64
Crédit Lyonnais Securities
Page 4 A full service bank
organized into six major divisions
Domestic retail banking/
Caisses Régionales
CREDIT AGRICOLE SA GROUP
Specialized financial services Consumer credit Leasing Factoring Corporate and Investment banking CAI + CL's Corporate and Investment banking division Asset Management Insurance Private banking International Retail banking and Private banking Domestic retail banking/ Crédit Lyonnais network
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çTwo complementary networks
çOver 20 million retail customers
ç1.4 million professional customers
çOver 9.200 POSs in France
ç€ 361 bn worth of assets under management
çNo. 1 bank-insurer in France
çNo. 2 in life insurance
çA significant size in private banking
çNo. 1 in consumer credit
çNo. 2 in equipment leasing
çNo. 1 in factoring
çExcellent coverage of large and medium sized companies
çCenters of excellence : structured finance, derivatives, primary fixed income
The leading retail bank in France A leader in asset management
The leader in specialized financial services
Stepped up in competitiveness in corporate banking
A group which is the leader on its domestic market with a strong determination to grow internationally
Page 6 Corporate and Investment Banking
The new Group's Corporate and Investment Banking Division results from the merger between
Crédit Agricole Indosuez
and Crédit Lyonnais' Corporate and Investment Banking division
Page 7 Corporate and Investment Banking
- Europe's 6th largest player in terms of Net Banking Income
BANQUE DE FINANCEMENT ET D'INVESTISSEMENT
Average income in 2001-2002 (€ bn) 0,9 1,2 2,4 2,6 3,4 3,4 4,3 4,8 5 5,7 5,7 10,1 12,4 15,9 0 5 10 15 20 BBVA Unicredito BFI CAI Commerzbank Barclays DKW SG CAI-BFI BNPP ABN Amro UBS Credit Suisse Deutsche Bank
Page 8 Corporate and Investment Banking
- A comprehensive international coverage
Total headcount Locations 1900 1900 6200 6200 Americas
Americas FranceFrance
3300 3300 Europe Europe 2900 2900 Asia Asia 1750 1750
* Headcount excluding Credit Lyonnais' African network and Banque Saudi Fransi
Africa
Africa/ Middle / Middle EastEast**
Page 9 Corporate and Investment Banking
- Geographically balanced activities
France 40% Américas 20% Asia 14% Rest of Europe 21% Middle-East 5%
CAI-BFI geographical breakdown of FY 2002 income
Page 10 A complete and homogeneous service offering
in all CAI/BFI businesses
France Europe World
Investment banking and capital market activities
ç Government bonds
ç Primary fixed income, Securitisation
ç Equity derivatives, rate & credit derivative ç M & A
ç Primary equity markets ç Brokerage ç Forex activity Asia Corporate Finance ç Syndicated credits ç Project finance ç Acquisition finance
ç Aircraft finance / Shipping
Major player
Among the top 10 leading players
Beyond the Top 10 players
Page 11 Corporate and Investment Banking
- A strong determination to grow
« Together, we are going to build Europe's largest banking group
and one of the biggest worlwide»
JEAN LAURENT,
CEO of the Crédit Agricole SA Group
Page 12 Corporate and Investment Banking
- A broader range of products and services
The new group will have a full and homogeneous range of
corporate and investment banking products and services.
In terms of product lines, the group will rank amongst the top three in France and amongst the top 15 in Europe.
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çAmong the world leaders in project finance,
çAmong the world leaders in aircraft and ship finance
çA major player in export finance in 2002 :
- COFACE : No. 1 - ECGD : Top 5 - SACE : Top 2
Structured finance and asset finance : - Leading European or global positions
Page 14 Investment Banking
- Leading European or global positions
BANQUE DE FINANCEMENT ET D'INVESTISSEMENT
ç One of the world's leaders in fixed income and equity derivatives, ç No. 1 in research in French equities and midcap brokerage in France ç No. 2 in bond issues in France
