Seventh resolution

Seventh resolution

(Renewal of the term of office of a director)

The Annual Meeting resolves to renew the term of office as director of Gerhard Cromme for a period of three years, expiring at the close of the Annual Meeting to be called in 2008 to approve the 2007 financial statements.

Presentation of the resolution

In the seventh, eighth, ninth and tenth resolutions, shareholders are invited to renew the terms of office as directors of Gerhard Cromme, François Grappotte, Hélène Ploix and Baudouin Prot, for periods of three years expiring at the close of the Annual General Meeting to be called in 2008 to approve the 2007 financial statements.

Hélène Ploix, Gerhard Cromme and François Grappotte are independent directors: Hélène Ploix, 60, is Chairman of Pechel Industries SAS and Pechel Industries Partenaires SAS; Gerhard Cromme, 62, is Chairman of the Supervisory Board of ThyssenKrupp AG; François Grappotte, 69, is Chairman of Legrand.

Baudouin Prot, 53, joined BNP - then BNP Paribas - 22 years ago and is the Group's Chief Executive Officer.