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 Michel Pébereau for a period of three years, expiring at the close of the Annual Meeting to be called in 2006 to approve the 2005 financial statements.

Presentation of the resolution

In the seventh, eighth, ninth, tenth, eleventh and twelfth resolutions, shareholders are invited to renew the terms of office as directors of Michel Pébereau, Claude Bébéar, Jean-Louis Beffa, Michel François-Poncet, Alain Joly and Denis Kessler, for periods of three years expiring at the close of the Annual Meeting to be called in 2006 to approve the 2005 financial statements.

- Michel Pébereau, 61, has been Chairman and Chief Executive Officer of BNP Paribas since May 2000,

- Michel François-Poncet, 68, is Vice-Chairman of the BNP Paribas Board of Directors and attends Executive Committee meetings,

- Claude Bébéar and Jean-Louis Beffa are non-executive directors. Claude Bébéar, 67, is Chairman of the Supervisory Board of the Axa Group, BNP Paribas’ principal shareholder, with a 5.90% stake. Jean-Louis Beffa, 61, Vice-Chairman of the Board of Directors of BNP Paribas, is Chairman and Chief Executive Officer of Saint-Gobain,

- Alain Joly, 65, and Denis Kessler, 51, are non-executive directors and independent members of the Board. Alain Joly is Chairman of the Supervisory Board of Air Liquide and Denis Kessler is Chairman and Chief Executive Officer of Scor.