The sharegholders of Credit Agricole Sud Rhone Alpes (ENXTPA:CRSU) authorized a share repurchase program at its Annual General Meeting on March 29, 2011. Under the program, the company will repurchase up to 82,500 co-operative investment certificates including the co-operative investment certificates held in treasury, representing 10% of the co-operative investment certificates in the capital of the company as at March 29, 2011. The repurchases will be pursuant to the article L. 241-2 of the General Regulation of Autorité des marchés financiers. The company will repurchase 28,546 co-operative investment certificates after excluding 53,954 co-operative investment certificates held in treasury, representing 3.46% of the co-operative investment certificates in the capital of the company as at March 29, 2011. The maximum price at which the certificates will be repurchased is €250 per certificate. The repurchased certificates will be used for maintaining the liquidity of co-operative investment certificates on the stock exchange, for exchange or in payment within the framework of possible external growth deals, for allocation to employees and/or to corporate agents of the company and for cancellation. The share repurchase program shall be valid for 18 months, until September 29, 2012.

Credit Agricole Sud Rhone Alpes' share repurchase program expired on September 29, 2012.