Paris, 2 July 2007

Pioneering the development of Public Private Partnerships in France, the Crédit Agricole Group holds the trump cards that promise a good game.

Public Private Partnerships (PPP) are a set of contractual formulas that enable the private sector to play a part in supplying and managing public facilities or services. In 2009, the PPP market is expected to account for ten per cent of public investment, i.e. around 5 billion euros per year.

The historical bank of French regions and their development, Crédit Agricole is a well-established player in this market. Thanks to the specific features of its structure and its organisation, Crédit Agricole enjoys a unique positioning in this market, as it is at the same time the partner of public clients - both local authorities and the government - as well as companies operating in the relevant sectors (majors but also client regional SMEs).