Ninth resolution

Ninth resolution

(Renewal of the term of office of a director)

The Ordinary General Meeting resolves to renew the term of office as director of Alain Joly for a period of three years, expiring at the close of the Ordinary General Meeting to be called in 2009 to approve the 2008 financial statements.

Presentation of the resolution :

In the seventh, eighth, ninth, tenth and eleventh resolutions, shareholders are asked to renew the terms of office as directors of Claude Bébéar, Jean-Louis Beffa and Alain Joly, as well as those of Denis Kessler and Michel Pébereau; these terms of office would be renewed for a period of three years, expiring at the close of the Ordinary General Meeting to be called in 2009 to approve the 2008 financial statements.

Alain Joly and Denis Kessler, who are not members of the BNP Paribas Group, are independent members of the Board: Alain Joly, 68, is Chairman of Air Liquide's Supervisory Board, and Denis Kessler, 54, is Chairman and Chief Executive of Scor.
Claude Bébéar and Jean-Louis Beffa also do not belong to the Group; Claude Bébéar, 70, is Chairman of the Supervisory Board of the Axa Group, BNP Paribas' main shareholder holding 5.70% of the capital, and Jean-Louis Beffa, 64, Vice-Chairman of BNP Paribas' Board of Directors, is Chairman and Chief Executive of Compagnie de Saint-Gobain.

Michel Pébereau, 64, has been the Chairman of BNP Paribas' Board of Directors since June 2003.