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               14 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         19,927,166    (4.01%)        72,613   (0.01%)
securities
(2) Derivatives          51,900    (0.01%)         2,461   (0.00%)
(other than
options)
(3) Options and       1,915,953    (0.39%)    20,521,850   (4.13%)
agreements to
purchase/sell

Total                21,895,019    (4.40%)    20,596,924   (4.14%)



(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      270                  18.5937 GBP
Purchase      30,753               27.3300
Purchase      4,697                27.3630
Purchase      1,724                27.3300
Purchase      1,828                18.4539 GBP
Purchase      681                  27.2950
Purchase      817                  27.2950
Purchase      57,663               27.3630
Purchase      4,252                27.3630
Purchase      1,720                27.3630
Purchase      10,052               27.3300
Purchase      901                  27.3300
Purchase      7,251                27.2950
Purchase      2,220                18.3682 GBP
Purchase      20,000               18.6005 GBP
Purchase      253                  27.1500
Purchase      827                  18.4508 GBP
Purchase      29,259               18.2930 GBP
Purchase      52,392               27.3630
Purchase      35,300               27.2950
Purchase      10,139               18.6717 GBP
Purchase      662                  27.3634
Purchase      32,078               27.2950
Purchase      1,182                27.2950
Purchase      665                  27.3300
Purchase      11,844               27.3630
Purchase      11                   18.4297 GBP
Purchase      12,311               27.3300
Purchase      594                  27.3634
Purchase      19,170               27.3630
Purchase      2,614                27.2950
Purchase      1,900                27.3630
Purchase      2,872                27.2950
Purchase      11,745               27.2950
Purchase      3,039                27.3300
Sale          3,237                Transfer
Sale          3,300                18.6825 GBP
Sale          10,650               Transfer
Sale          12,070               Transfer
Sale          21,800               18.6166 GBP
Sale          2,220                18.5802 GBP
Sale          29,259               18.2930 GBP
Sale          2,220                18.4100 GBP
Sale          12,909               18.5103 GBP
Sale          4,238                18.6719 GBP
Sale          872                   Transfer


(b)  Derivatives transactions
      (other than options)

Product Name,  Long/Short   Number of         Price Per Unit
(e.g. CFD)     (Note 6)     Securities        (EUR)
                            (Note 7)
CFD            Long         3300              27.34
CFD            Short        1828              27.01
CFD            Long         4238              27.32
CFD            Short        1108              27.17

(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                         15 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