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               13 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         19,656,255    (3.95%)        96,056   (0.02%)
securities
(2) Derivatives          48,600    (0.01%)         3,763   (0.00%)
(other than
options)
(3) Options and       1,915,953    (0.39%)    20,521,850   (4.13%)
agreements to
purchase/sell
Total                21,620,808    (4.35%)    20,621,669   (4.15%)


(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
                                   (GBP)
Purchase      20,881               Transfer
Purchase      2,196                18.5436
Purchase      2,142                18.4757
Purchase      3,875                18.3185
Purchase      553,000              18.5919
Purchase      81,299               18.3737
Purchase      261,000              18.5919
Purchase      790,000              18.5919
Purchase      4,312                18.3017
Sale          9,056                18.3513
Sale          26,786               Transfer
Sale          6,000                18.4498
Sale          2,196                18.5436
Sale          90,000               18.4759
Sale          40,000               18.4044
Sale          14,815               18.2980
Sale          2,196                18.5373
Sale          43,400               18.3940
Sale          8,599                18.2980
Sale          12,289               18.4170
Sale          436                  Transfer
Sale          600                  18.2397
Sale          20,881               Transfer
Sale          12,757               Transfer
Sale          35,937               Transfer


  (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       Short                      553,000  Transfer
Swap       Short                      261,000  Transfer
Swap       Short                      790,000  Transfer
CFD        Long                         6,000  26.991968
CFD        Short                        4,312  26.775355
CFD        Long                           600  26.684667


(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                         14 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