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               15 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          20,116,552   (4.04%)      70,023     (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                 22,084,405   (4.44%)  20,594,334     (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


(e)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

(c)  Purchases and sales
Purchase/sale Number of Securities Price per unit
                                   (EUR)
Purchase      2,378                27.3630
Purchase      1,475                27.2950
Purchase      1,469                27.3630
Purchase      1,657                27.2950
Purchase      27,016               27.8599
Purchase      652                  Transfer
Purchase      2,685                27.3630
Purchase      2,329                Transfer
Purchase      10,690               27.8599
Purchase      8,108                Transfer
Purchase      5,076                27.8599
Purchase      11,414               Transfer
Purchase      1,230                27.2950
Purchase      4,437                27.8599
Purchase      861                  27.8599
Purchase      119,502              Transfer
Purchase      8,108                27.9528
Purchase      1,720                27.3630
Purchase      9,752                27.8599
Purchase      26,640               Transfer
Purchase      1,169                Transfer
Purchase      1,900                27.3630
Purchase      131,494              Transfer
Purchase      1,760                27.3630
Purchase      1,098                27.2950
Purchase      43,770               Transfer
Purchase      793                  Transfer
Purchase      1,182                27.2950
Purchase      835                  Transfer
Purchase      1,981                27.3630
Purchase      1,548                Transfer
Purchase      24,020               18.5823 GBP
Purchase      1,108                18.5527 GBP
Purchase      3,222                19.0058 GBP
Purchase      15,000               19.0617 GBP
Purchase      30,000               19.0838 GBP
Purchase      2,152                18.8720 GBP
Purchase      64,653               19.0888 GBP
Purchase      14,884               19.0137 GBP
Sale          787                  27.9400
Sale          28,316               Transfer
Sale          9,832                27.3300
Sale          11,414               Transfer
Sale          1,169                Transfer
Sale          105,214              27.7878
Sale          96                   28.0200
Sale          148,246              28.0000
Sale          483                  27.9400
Sale          12,359               18.6019 GBP
Sale          411                  19.0359 GBP
Sale          366                  19.0270 GBP
Sale          2,152                18.9813 GBP
Sale          200                  19.1042 GBP
Sale          12,532               19.0178 GBP
Sale          66,805                19.0817 GBP


(d)  Derivatives transactions
     (other than options)
Product Name,  Long/Short   Number of         Price Per Unit
(e.g. CFD)     (Note 6)     Securities        (EUR)
                            (Note 7)


(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                         16 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