September 7th, 2009

Calyon, the Corporate and Investment Banking arm of the Crédit Agricole Group and EDF Trading Limited, a wholly-owned subsidiary of EDF S.A. have appointed Martin Kreuzberg and Steven Lewis to its new trading partnership.

Martin Kreuzberg has been appointed Managing Director and is responsible for the overall day to day activities of the new business. Kreuzberg will report to the Supervisory Committee of the joint-venture and will be based at Calyon's offices in London. He joins from EDF Trading where he was General Manager, Origination.

Aged 39, Martin has a Doctorate in Economics from Cologne University, Germany.

Steven Lewis has been appointed Head of Trading and will be responsible for all trading activities for the new business. Lewis will report to Martin Kreuzberg and will also be based at Calyon's offices in London. Between 2001 and 2004, Lewis was Head of Trading at EDF Trading. Lewis also spent 17 years at Louis Dreyfus in a number of roles including Head of Trading for the Duke Louis Dreyfus joint-venture.

Aged 52, Steve graduated with a Bachelor of Science degree from the State University of New York.

These key appointments complement the corporate governance and infrastructure of the partnership.

John Rittenhouse and Martin Fraenkel are both members of the Supervisory Committee of the joint-venture, alongside Philippe Torrion, Executive Vice President, Optimisation and Trading (EDF), Francois Joubert, Executive Vice President, Head of Corporate Development (EDF Trading), Regis Monfront, UK Senior Country Officer (Calyon) and Guy Laffineur, Global Head of Fixed Income Markets (Calyon). Marc Tabouis is elected non-voting chairman of the committee.