Results for the fourth quarter and full year 2012

Crédit Agricole turns a page and is now in marching order to deliver a sustainable performance

Risks reduced, swift adjustment to the new environment

• exit from Greece
• reduction in funding needs and in risk-weighted assets with adjustment plan targets exceeded
• refocused operations in Southern Europe
•  enhanced operating efficiency

Reported results reflect accounting impact of exceptional operations and a modification in the taxation of the disposal of Emporiki

Normalised net income shows business lines' resilience in a difficult climate

Strengthening Group solvency: fully loaded Basel 3 CET 1 ratio: 9.3% (1) at 31/12/2012; target of > 10% by end-December 2013 confirmed

Crédit Agricole S.A.

Retail banking and related businesses remain solid

Reported net income Group share: -€3,982 million in Q4-12, -€6,471 million euros in 2012
Normalised net income Group share: +€548 million1 in Q4-12, +€3,009 million (1) in 2012
Tier 1 ratio: 11.7%; Core Tier 1: 9.7% (2) (+110bp  / Dec 11)

Crédit Agricole Group*

Good performances from the Regional Banks
Strong improvement in the Group's solvency ratios

2012 net income Group share: -€3,808 million, with net income Group share from Regional Banks of +€3,538 million
Core Tier 1 ratio: 11.8%(1) (+160bp / Dec 11)

* Crédit Agricole S.A. and 100% of the Regional Banks
(1) Before revaluation of debt issues, Emporiki, Cheuvreux, adjustment plan, goodwill impairments, impairment of securities and exit tax on Insurance
(2) Adjusted for the deconsolidation of Emporiki

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