<p> CREDIT DU NORD</p>
<p> Global Placement and Open Price Offer</p>
<p> Global Placement procedure - Number of shares: 1,752,469 shares representing 90% of the Offer (before extension option exercise) - Book runner: GILBERT DUPONT Open Price Offer procedure - Subscription open for Retail investors, legal entities and certain UCITS - Number of shares: 194,719 shares representing 10% of the Offer (before extension option exercise)</p>
<p> - Period of the Placement: from May 24, 2007 to June 5, 2007 (17:00) - Period of the Offer: from May 24, 2007 to June 5, 2007 (17:00) - First quotation: June 6, 2007 - Beginning of trading: June 12, 2007</p>
<p> GILBERT DUPONT</p>