First resolution

Eighteen resolutions are tabled at the Combined Annual and Extraordinary General Meeting of May 28th 2004.

The Board of Directors of BNP Paribas is inviting shareholders to vote ten resolutions governed by the quorum and majority voting rules applicable to Ordinary General Meetings.

First resolution

(Approval of the balance sheet of the Group at 31 December 2003 and the profit and loss account for the year ended at that date)

The Annual Meeting, having reviewed the reports of the Board of Directors and the Auditors on the consolidated financial statements for the year ended 31 December 2003, approves the balance sheet of the Group at 31 December 2003 and the profit and loss account for the year then ended.

Presentation of the resolution

The first two resolutions concern approval of the 2003 financial statements of the Group and the Bank after hearing the reports of the Board of Directors and the Auditors.