Second quarter of 2012 results

Progress as Group continues to adjust to difficult environment
       - Refocusing of activities
       - Reinforcement of financial structure

Continued impact of impairment charges 

 Results reflect the strength of retail banking and savings management business lines

Crédit Agricole Group*

Solid results and reinforced solvency ratios
Net income Group share: €863 million (down 2.1% year-on-year)
Core Tier 1 ratio: 11.3% (up 110 bps from year end 2011) – EBA ratio: 10.7%
Available cash reserves: €151 billion considerably higher than short-term net debt (€110 billion)

Crédit Agricole S.A.

Results held up well in a difficult climate

Net income Group share:  €111 million
Cost of Greece: -€370 million
Impairment of Intesa Sanpaolo shares: -€427 million

Tier 1 ratio: 11.9%; Core Tier 1: 9.6% (up 100bps from year end 2011)

* Before impairment of Intesa Sanpaolo and SACAM International shares, cost of Greece, revaluation of debt issues, adjustment plan

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