Rule 8.3 - CREDIT AGRICOLE S.A.

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              CREDIT AGRICOLE S.A.
Class of relevant security    ORD EUR 0.03
to which the dealings being
disclosed relate (Note 2)
Date of dealing               05 JUNE 2006

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                    Short

                      Number       (%)        Number       (%)

(1) Relevant         18,190,716    (3.66%)       376,930   (0.08%)
securities
(2) Derivatives          22,885    (0.00%)             0   (0.00%)
(other than
options)
(3) Options and       1,915,953    (0.39%)    20,521,850   (4.13%)
agreements to
purchase/sell
Total                20,129,554    (4.05%)    20,898,780   (4.20%)


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales
Purchase/sale Number of Securities Price per unit
                                   (EUR)
Purchase      243                  29.6141
Purchase      522                  29.5400
Purchase      11,409               29.3559
Purchase      13,320               Transfer
Purchase      150                  29.24
Purchase      1,670                29.39
Purchase      2,648                29.3522
Purchase      922                  29.2659
Purchase      3,404                29.4748
Purchase      71,384               29.3756
Sale          1,520                20.4149 GBP
Sale          2,480                20.4149 GBP
Sale          72,162               20.4149 GBP
Sale          3,410                20.4149 GBP
Sale          15,428               20.4149 GBP
Sale          85,000               20.4149 GBP
Sale          1,670                29.54
Sale          52,000               29.3959
Sale          13,320               29.26
Sale          3,100                29.3500
Sale          5,215                29.26
Sale          12,499               29.3172
Sale          65,000               29.26
Sale          5,400                29.3371
Sale          65,000               29.26
Sale          5,074                29.4469
Sale          13,320               Transfer

NB. The below transaction which was disclosed on 05/06/06 has been cancelled:
Purchase/sal  Number of Securities Price per unit
e                                  (EUR)
Sale          180,000              29.6078



  (b)  Derivatives transactions (other than options)


Product    Long/Short    Number of Securities  Price Per
name,      (Note 6)      (Note 7)              Unit (EUR)
e.g. CFD
CFD        Long          5,400                 29.34
CFD        Long          3,100                 29.35
CFD        Short         2,648                 29.35
CFD        Short         922                   29.27


(c)Options transactions in respect of existing securities

Purchase/sal  Number of Securities Price per unit
e                                  (EUR)


(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit
                varying etc.      relates (EUR)                                         (EUR)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)





4.   OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.





Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         06 June 2006
Contact name                               BARCLAYS COMPLIANCE
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk