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BNP Paribas announces that it has applied to the CECEI for permission to hold between 10 and 20% of the capital of Credit Lyonnais.

BNP Paribas announces that it has applied to the CECEI for permission to hold between 10 and 20% of the capital of Credit Lyonnais.

BNP Paribas has now provided all the answers to the questions asked by the Chairman of Credit Lyonnais on behalf of its Board of Directors. BNP Paribas wishes for:

- the prompt opening of the dialogue which, while respecting existing partnerships, will allow both groups to develop jointly industrial initiatives to be implemented in the interests of their shareholders, their clients and their employees, who have built Credit Lyonnais and BNP Paribas into two highly performing and respected businesses.

- the appointment of two representatives of BNP Paribas to the Board of Credit Lyonnais to replace the two representatives of the French State