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)

NB. In previous Disclosures an incorrect Issued capital was in use, this has now
been rectified.

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               28 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          21,402,436   (1.45%)         78,346  (0.01%)
securities
(2) Derivatives           51,900   (0.00%)          2,244  (0.00%)
(other than
options)
(3) Options and        1,415,953   (0.10%)     20,521,850  (1.39%)
agreements to
purchase/sell

Total                 22,870,289   (1.55%)     20,602,440  (1.40%)


(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      319                  27.9100
Purchase      551                  27.9550
Purchase      1,567                27.9100
Purchase      3,195                Transfer
Purchase      6,858                27.9550
Purchase      7,122                27.9550
Purchase      30,590               Transfer
Purchase      58,861               27.9550
Purchase      438                  19.3088 GBP
Purchase      2,351                19.3503 GBP
Purchase      1,321                19.2479 GBP
Sale          3,180                27.9900
Sale          3,195                Transfer
Sale          8,412                27.9900
Sale          181                  19.4674 GBP
Sale          17,280               19.1974 GBP
Sale          748                  19.3571 GBP
Sale          1,321                19.2479 GBP
Sale          2,653                19.4229 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           2,653              28.155
CFD              Short          2,351              28.050


(c)Options transactions in respect of existing securities



(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                         29 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