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               06 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         18,042,569    (3.63%)       347,442   (0.07%)
securities
(2) Derivatives          23,095    (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                19,981,617    (4.02%)    20,869,292   (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      3,120                19.9218 GBP
Purchase      3,818                Transfer
Purchase      1,278                19.6607 GBP
Purchase      2,840                Transfer
Purchase      5,243                Transfer
Purchase      7,222                28.7531
Purchase      3,237                Transfer
Purchase      14,162               28.7531
Purchase      20,222               19.6982 GBP
Purchase      6,474                Transfer
Sale          1,000                19.6614 GBP
Sale          15,428               20.4149 GBP
Sale          25,000               19.6288 GBP
Sale          488                  19.5995 GBP
Sale          2,480                20.4149 GBP
Sale          40,000               19.6004 GBP
Sale          12,868               19.7494 GBP
Sale          13,306               19.8283 GBP
Sale          200                  19.7962 GBP
Sale          72,162               20.4149 GBP
Sale          7,154                19.6034 GBP
Sale          20,747               19.8666 GBP
Sale          1,520                20.4149 GBP
Sale          3,410                20.4149 GBP


(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          488                   28.46
CFD        Long          1,000                 28.55
CFD        Short         1,278                 28.55


(c)Options transactions in respect of existing securities

Purchase/sale Number of Securities Price per unit
                                   (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 (EUR)
                varying etc.      relates (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                         07 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