Crédit Agricole Asset Management (CAAM)

Crédit Agricole Asset Management (CAAM) is the wholly-owned subsidiary of Crédit Agricole S.A. CAAM has over 50 years’ experience in portfolio management for all types of clients. Its client base includes domestic and international institutional investors, corporates, small and medium sized companies and private investors. Our products are distributed by ourselves and also indirectly via the Crédit Agricole and LCL Le Crédit Lyonnais retail banking networks in France and through our distribution worldwide.

With 8 global investment centers and a sales presence in 6 additional countries, CAAM has 2,237 employees, including 506 professionals dedicated to portfolio management. With €565.7 bn AUM*, CAAM is ranked in the Top 5 within Continental Europe (1) and N°1 in France in mutual funds (2).

CAAM was the first company, in France, in 2000, to create a dedicated sustainability research team in charge of the analysis of environmental, social and governance criteria, the exercice of voting rights and shareholder dialogue. CAAM has signed the Principle for Responsible Investment (PRI), on 2 May 2006.

* Data as of 30 June 2007

Sources:

(1) IPE - Top 400 European Asset Management Leaders, data as at December 2006, issued in June 2007

(2) Europerformance - Investment funds, June 2007