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               30 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          21,423,868   (1.45%)         82,198  (0.01%)
securities
(2) Derivatives           55,752   (0.00%)              0  (0.00%)
(other than
options)
(3) Options and        1,415,953   (0.10%)     20,521,850  (1.39%)
agreements to
purchase/sell

Total                 22,895,573   (1.55%)     20,604,048  (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      1,375                29.7500
Purchase      2,638                29.7500
Purchase      6,396                Transfer
Purchase      6,458                29.6828
Purchase      7,704                29.7500
Purchase      8,381                29.7500
Purchase      9,653                Transfer
Purchase      14,200               Transfer
Purchase      40,974               Transfer
Purchase      41,130               29.7500
Purchase      20,000               20.4964 GBP
Purchase      33,230               20.5228 GBP
Purchase      2,015                20.5210 GBP
Purchase      20,392               20.5407 GBP
Purchase      500                  20.4477 GBP
Purchase      54,214               20.4982 GBP
Purchase      4,874                20.4839 GBP
Purchase      229                  20.5790 GBP
Purchase      2,711                20.5513 GBP
Sale          1,223                29.7500
Sale          9,653                Transfer
Sale          21,810               29.7500
Sale          41,690               29.7500
Sale          46,522               20.4347 GBP
Sale          2,015                20.5762 GBP
Sale          229                  20.5791 GBP
Sale          2,711                20.5514 GBP
Sale          2,859                20.4188 GBP
Sale          76,621               20.5101 GBP
Sale          500                  20.4476 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              Short          500                29.594
CFD              Long           229                29.784
CFD              Long           2,711              29.744


(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                         03 JULY 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