Proforma results (*)

First nine months 2003

• Net income group share: €1.116 billion (+35.3%)
• Net income group share before goodwill amortisation: €1.644 billion (+26.6%)

Third quarter 2003

• Net income group share: €382 million (x 2.8)
• Net income group share before goodwill amortisation: €577 million (+94.9%)

First nine months 2003 - Consolidated results

• Net income group share(**): €1.002 billion (+39%)
• Net income group share before goodwill amortisation: €1.389bn (+46.8%)

(*)Crédit Lyonnais consolidated at 92.55% in the first half of 2003 and at 94.82% as of 1 July 2003 (**)Crédit Lyonnais accounted for by the equity method during the first half of 2003 at 24.96% (weighted average ownership interest during the period) and consolidated at 94.82% as of 1 July 2003