Société Générale — M&A Activity 2009

Oct 6, 2009

Press Release

Paris, 6 October 2009

Société Générale and Dexia are entering into negotiations regarding the purchase by Société Générale of Dexia's 20% interest in Crédit du Nord

Société Générale and Dexia have agreed to enter into negotiations regarding to the purchase by Société Générale of Dexia's 20% interest in Crédit du Nord.

For Société Générale, this transaction is indicative of its efforts to reinforce its retail banking businesses, particularly on its domestic market, which is profitable and has proved its resilience.

With respect to Dexia, this disposal is part of the restructuring of the scope of the Group activities.

Société Générale and Dexia expect to finalize this transaction before the end of 2009, after receiving approval from the competent bodies.

Société Générale

Société Générale is one of the largest financial services groups in the euro-zone. The Group employs 163,000 people worldwide in three key businesses:

• Retail Banking & Financial Services: Société Générale serves more than 30 million individual customers worldwide. Global Investment Management & Services: Société Générale is one of the largest banks in the euro-zone in terms
• of assets under custody (EUR 2 906 billion, June 2009) and under management (EUR 333 billion, June 2009).

Corporate & Investment Banking: Société Générale tailors solutions for its clients across sectors by capitalising on its worldwide expertise in investment banking, global finance, and global markets.

Société Générale is included in 3 socially-responsible investment indexes: FTSE4Good, ASPI and Ethibel. www.societegenerale.com

About Dexia

Dexia is a European bank, with about 35,500 members of staff and a core shareholders' equity of EUR 18.0 billion as of June 30, 2009. Dexia Group focuses on Public and Wholesale Banking, providing local public finance actors with comprehensive banking and financial solutions, and on Retail and Commercial Banking in Europe (mainly Belgium, Luxembourg and Turkey). Main activities encompass retail, commercial and private banking, but also insurance, asset management and investor services activities.

For more information: www.dexia.com

Press Office – Brussels: +32 2 213 50 81; Press Office – Paris: +33 1 58 58 86 75

PRESS RELATIONS SOCIETE GENERALE Astrid BRUNINI +33 (0)1 42 13 68 71 Stéphanie CARSON-PARKER +33 (0)1 42 14 95 77

Hélène MAZIER +33 (0)1 58 98 72 74 Laura SCHALK +33 (0)1 42 14 52 86 P.A +33(0)1 42 14 49 48 Fax +33(0)1 42 14 28 98 SOCIETE GENERALE COMM/PRS 75886 PARIS CEDEX 18 www.societegenerale.com A French corporation with share capital of EUR 812,925,836 552 120 222 RCS PARIS