The annual general meeting of shareholders of Ucabail S.A. on 27 May 2005 endorsed a proposal to change the company's name. Once the legal formalities are complete, Ucabail will be known as Crédit Agricole Leasing.

The change, which precedes a brand roll-out to customers of the Regional Banks, comes one year after the launch of a programme to merge Ucabail with LixxBail Groupe and CBIF. It signals the emergence of a key player in the property and equipment leasing market in France.

Crédit Agricole Leasing is the leading provider of property lease financing to this market and ranks second for equipment and financial leasing.