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               12 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         18,263,498    (3.67%)       180,875   (0.04%)
securities
(2) Derivatives          42,600    (0.01%)            51   (0.00%)
(other than
options)
(3) Options and       1,915,953    (0.39%)    20,521,850   (4.13%)
agreements to
purchase/sell
Total                20,222,051    (4.07%)    20,702,776   (4.16%)


(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/sal  Number of Securities Price per unit
e                                  (EUR)
Purchase      4,216                19.3042 GBP
Purchase      157                  27.8100
Purchase      501                  27.6400
Purchase      2,111                19.2242 GBP
Purchase      12,544               19.3134 GBP
Purchase      4,167                19.0671 GBP
Purchase      167,038              19.3130 GBP
Purchase      20,881               Transfer
Purchase      4,893                19.0402 GBP
Purchase      90,000               19.0671 GBP
Purchase      59,711               19.2949 GBP
Purchase      60,000               19.0671 GBP
Purchase      3,237                Transfer
Sale          57,600               19.2946 GBP
Sale          20,881               Transfer
Sale          11,184               19.0295 GBP
Sale          18,871               19.3014 GBP
Sale          70                   19.1764 GBP
Sale          15,900               19.2789 GBP
Sale          2,111                19.3026 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
Swap                     4,167                 Transfer
Swap                     60,000                Transfer
CFD        Long          15,900                28.23008


(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   Writing,   Number of    Exerc Type,     Expiry   Option
name,     selling,   securities   ise   e.g.      date     money
e.g. call purchasin  to which     price American           paid/rece
option    g,         the option         ,                  ived per
          varying    relates            European           unit
          etc.       (EUR)              etc.               (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                         13 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