Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

1.On [date], the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 (the "Merger Regulation") by which BNP Paribas ("BNPP") and CACEIS will acquire, within the meaning of Article 3(4) of the Merger Regulation, joint control over a newly created joint venture in France (the "JV"), to which they will contribute their respective activities pertaining to corporate trust services.

The business activities of the undertakings concerned are:

• BNP Paribas SA, the parent company of the BNP Paribas Group, is a worldwide provider of banking and financial services to retail, corporate and institutional clients. In particular, it provides custody and administration services. BNP Paribas Group is a global banking group active in retail banking, asset management and services, as well as corporate and investment banking;

• CACEIS, a company belonging to the French banking group Crédit Agricole Group, active in retail and investment banking as well as insurance and asset management, provides insurance and asset management services to corporate clients, institutional investors, banks and brokers.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.