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               16 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         20,223,056    (4.07%)        70,161   (0.01%)
securities
(2) Derivatives          52,038    (0.01%)             0   (0.00%)
(other than
options)
(3) Options and       1,665,953    (0.33%)    20,521,850   (4.13%)
agreements to
purchase/sell

Total                21,941,047    (4.41%)    20,592,011   (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      15,000               19.0617 GBP
Purchase      24,020               18.5823 GBP
Purchase      5,531                27.8599
Purchase      14,884               19.0137 GBP
Purchase      300,000              19.1178 GBP
Purchase      861                  27.8599
Purchase      4,618                27.8599
Purchase      30,000               19.0838 GBP
Purchase      4,437                27.8599
Purchase      7,637                Transfer
Purchase      2,077                18.9670 GBP
Purchase      1,108                18.5527 GBP
Purchase      5,076                27.8599
Purchase      6,196                27.8599
Purchase      538                  18.8106 GBP
Purchase      2,152                18.8720 GBP
Purchase      17,557               Transfer
Purchase      11,949               18.8946 GBP
Purchase      4,356                27.8599
Purchase      641                  18.9776 GBP
Purchase      60,311               Transfer
Purchase      4,127                27.8599
Purchase      2,102                19.3651 GBP
Purchase      64,653               19.0888 GBP
Purchase      704                  19.1298 GBP
Purchase      44,000               19.2988 GBP
Purchase      22,620               19.2348 GBP
Purchase      3,222                19.0058 GBP
Sale          12,359               18.6019 GBP
Sale          146,734              18.8120 GBP
Sale          1,286                27.5500
Sale          2,743                19.2745 GBP
Sale          66,805               19.0817 GBP
Sale          411                  19.0359 GBP
Sale          9,847                18.8106 GBP
Sale          250,000              21.8490 GBP
Sale          508                  19.3393 GBP
Sale          12,532               19.0178 GBP
Sale          6,653                18.8106 GBP
Sale          2,753                18.9108 GBP
Sale          2,091                18.8068 GBP
Sale          2,152                18.9813 GBP
Sale          2,102                19.2885 GBP
Sale          32,295               Transfer
Sale          2,036                18.9881 GBP
Sale          200                  19.1042 GBP
Sale          366                   19.0270 GBP



(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         2091              27.544491
CFD              Long         508               28.324331

(c)Options transactions in respect
of existing securities

Purchase/sale Number of Securities  Price per unit
                                    (EUR)
Purchase      300,000               Transfer
Purchase      250,000               Transfer
Sale          250,000               Transfer
Sale          250,000               Transfer
Sale          250,000               Transfer

(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                         19 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