Guyancourt, 29 September 2008

Eric Sorin, 49, has been appointed Deputy Chief Executive Officer of Cedicam, the payment flows and systems subsidiary of the Crédit Agricole Group, with effect from 1 October 2008.

Reporting to CEO Jean-Claude Perchet, Mr Sorin will be in charge of Cedicam's major programmes, especially the overhaul of the Group's payment information system. Accordingly, he will have line responsibility for the IT, Project Flows and Electronic Banking divisions and for project management.

Eric Sorin is currently head of the Banking IT Technologies and Services division at LCL. He began his career in 1984 in the energy industry with CGE/Alstom. In 1988, he moved to the consultancy Accenture to work in the field of information systems and more broadly the banking and insurance sector, becoming Accenture's deputy director in 1999. He joined LCL in 2002 as head of research at the IT Division and in 2005, was appointed Chief Information Officer for the bank. Eric Sorin graduated as an engineer from Supelec.

About Cedicam
Cedicam is the payment flows and systems subsidiary of the Crédit Agricole Group. On behalf of the Group's banks, it manages the internal networks that handle domestic and international payments and the exchange platforms with the clearing and settlement systems. In electronic banking, Cedicam is responsible for implementing electronic banking services on behalf of the Crédit Agricole Regional Banks, and for personalising bank cards issued by the Group's banks. In secure payments, Cedicam leads the drive to prevent electronic banking fraud and coordinates security of the Group's online banking and financial services and of Internet transactions. Each year, Cedicam personalises approximately nine million cards and handles over five billion transactions.