The shareholders of Caisse Regionale de Credit Agricole Normandie-Seine (ENXTPA:CCN) authorized a share repurchase program at its Annual General Meeting on March 29, 2011. Under the program, the company will repurchase up to 31,608 co-operative investment certificates representing 3% of all the co-operative investment certificates in issue as at February 28, 2011. The repurchases will be pursuant to the article L. 241-2 of the General Regulation of Autorité des marchés financiers. The maximum price at which the repurchases will be made shall not exceed €170 per share. The repurchased co-operative investment certificates will be used for extending and allocating call options to the company's employees, for handing as an exchange or as a payment in possible external growth deals, for ensuring the coverage of transferable securities giving access to the capital of Caisse régionale, for maintain a market of co-operative investment certificates of Caisse régionale by a provider of investment services within the framework of a liquidity contract, and for cancellation. The share repurchase program shall be valid for 18 months until September 29, 2012.

Caisse Regionale de Credit Agricole Normandie-Seine's share repurchase program expired on September 29, 2012.