First half and second quarter 2011: Solid results in line with 2014 Commitment targets

• Strong performance: fully engaged teams
• Costs under control
• Financial strength enhanced

Crédit Agricole Group*

• First half 2011

Net income Group share: €2,408 million, up 30.4% on H1-10

• Second quarter 2011

Net income Group share: €881 million, down 1.8% on Q2-10

* Crédit Agricole S.A. and 100% of the Regional Banks

Crédit Agricole S.A.

• First half 2011

Net income Group share: €1,339 million, up 57.7% on H1-10

• Second quarter 2011

Revenues: up 1.1% on Q2-10 and up 1.4% (on a like-for-like basis and at constant exchange rates)
Gross operating income: up 6.6% on Q2-10 and up 8.2% (on a like-for-like basis and at constant exchange rates)
Cost of risk: down 5.8%* on Q2-10
Impairment of Greek government bonds: -€202 million (before tax)
Net income Group share: €339 million, down 10.6% vs Q2-10
*before impairment of Greek government bonds