Disclosure of trading in the Company's shares by its directors in 2007

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

12/28/2007 Director's Dealings - Henri de Castries
12/26/2007 Director's Dealings - Claude Brunet
12/26/2007 Director's Dealings - Denis Duverne
12/19/2007 Director's Dealings - Henri de Castries
12/19/2007 Director's Dealings - Denis Duverne
12/19/2007 Director's Dealings - Claude Bébéar
12/03/2007 Director's Dealings - Jacques Tabourot
12/03/2007 Directors' Dealings - Alfred Bouckaert
12/03/2007 Director's Dealings - Henri de Castries
12/03/2007 Directors' Dealings - Christopher Condron
12/03/2007 Director's Dealings - Claude Brunet
12/03/2007 Director's Dealings - Claude Bébéar
12/03/2007 Director's Dealings - Denis Duverne
11/20/2007 Director's Dealings - Denis Duverne
11/05/2007 Director's Dealings - Jacques Tabourot
10/16/2007 Director's Dealings - Henri de Castries
10/01/2007 Director's Dealings - Denis Duverne
10/01/2007 Director's Dealings - François Pierson
09/28/2007 Director's Dealings - Henri de Castries
09/25/2007 Director's Dealings - Jacques Tabourot
09/24/2007 Director's Dealings - Henri de Castries
09/24/2007 Director's Dealings - Denis Duverne
09/21/2007 Director's Dealings - Claude Brunet
09/07/2007 Director's Dealings - Denis Duverne
09/07/2007 Director's Dealings - Norbert Dentressangle
07/05/2007 Director's Dealings - François Pierson
06/20/2007 Director's Dealings - Claude Bébéar
06/18/2007 Director's Dealings - Denis Duverne
05/11/2007 Director's Dealings - Jacques Tabourot
04/21/2007 Director's Dealings - Claude Brunet
04/21/2007 Director's Dealings - Henri de Castries
04/21/2007 Director's Dealings - François Pierson
04/21/2007 Directors' Dealings - Denis Duverne
03/26/2007 Directors' Dealings - Kip Condron
03/26/2007 Directors' Dealings - Alfred Bouckaert
03/05/2007 Directors' Dealings - Norbert Dentressangle
01/30/2007 Directors' Dealings - Léo Apotheker
01/12/2007 Directors' Dealings - Christopher Condron
01/03/2007 Directors' Dealings - Claude Bébéar
01/03/2007 Directors' Dealings - Christopher Condron
01/02/2007 Directors' Dealings - Claude Bébéar