Disclosure of trading in the Company's shares by its directors in 2005

Individual disclosures in compliance with Articles 222-14 and 222-15 of the General Regulation of the French AMF (Autorité des Marchés Financiers).

12/27/2005	Directors' Dealings - Denis Duverne
12/22/2005	Directors' Dealings - Claude Bébéar
12/19/2005	Directors' Dealings - Henri de Castries
12/14/2005	Directors' Dealings - Denis Duverne
12/06/2005	Directors' Dealings - Claude Brunet
12/06/2005	Directors' Dealings - Jacques Tabourot
12/02/2005	Directors' Dealings - Claude Brunet
11/21/2005	Directors' Dealings - Claude Brunet
11/21/2005	Directors' Dealings - Kip Condron
11/16/2005	Directors' Dealings - Claude Bébéar, Jacques Tabourot, François Pierson
11/08/2005	Directors' Dealings - Henri de Castries & Denis Duverne
10/24/2005	Directors' Dealings - Jacques Tabourot
07/22/2005	Directors' Dealings - Henri de Castries
07/04/2005	Directors' Dealings - François Pierson
07/04/2005	Directors' Dealings - Henri de Castries
06/30/2005	Directors' Dealings - François Pierson
03/24 to 04/06/2005	Directors' Dealings - Denis Duverne
03/11/2005	Directors' Dealings - Claude Bébéar
03/11/2005	Directors' Dealings - Jacques Tabourot
02/28/2005	Directors' Dealings - Kip Condron