SOCIETE GENERALE : SOCIETE GENERALE ANNOUNCES THE CLOSING OF THE SALE OF TCW

 SOCIETE GENERALE : SOCIETE GENERALE ANNOUNCES THE CLOSING OF THE SALE OF TCW

Paris, 6 February 2013
SOCIETE GENERALE ANNOUNCES THE CLOSING OF THE SALE OF TCW

Societe Generale today finalised the closing of  the sale of its stake in  TCW 
to the Carlyle  Group and TCW  management, after obtaining  all the  necessary 
approvals.

As communicated on 9 August 2012, this transaction is part of Societe Generale
group's transformation  plan.  The financial  terms  of the  operation,  which 
remain unchanged, were not made public.

The transaction increases the Group's Basel 2.5  Core Tier 1 ratio by 17  bps. 
Under Basel 3, the increase is expected to be 14 bps.

Societe Generale has actively  participated in the  development and growth  of 
TCW, and wishes the  company continued growth and  lasting success in its  new 
partnership with the Carlyle Group.

Press contacts:

Elisa O'Neill + 33 (0)1 42 14 39 24 elisa.oneill@socgen.com
Jolyon Barthorpe +33 (0)1 42 14 34 55 jolyon.barthorpe@socgen.com
Laetitia Maurel +33 (0)1 42 13 88 68 laetitia.a.maurel@socgen.com
Nathalie Boschat +33 (0)1 42 14 83 21 nathalie.boschat@socgen.com 

Societe Generale
Societe Generale is  one of  the largest European  financial services  groups. 
Based on a diversified universal  banking model, the Group combines  financial 
solidity with a strategy of sustainable  growth, and aims to be the  reference 
for relationship banking, recognised on its markets, close to clients,  chosen 
for the quality and commitment of its teams.
Around 160,000  employees,  based in  77  countries, accompany  more  than  33 
million clients throughout the world on a daily basis. Societe Generale' teams
offer advice and services to individual, corporate and institutional customers
in three core businesses:

  *Retail banking in France with the Societe Generale branch network,  Credit 
    du Nord and Boursorama

  *International retail  banking,  with a  presence  in Central  and  Eastern 
    Europe and Russia, in the  Mediterranean basin, in Sub-Saharan Africa,  in 
    Asia and in the French Overseas Territories

  *Corporate and investment  banking with  a global  expertise in  investment 
    banking, financing and global markets.

Societe Generale is  also a  significant player in  specialised financing  and 
insurance, private banking, asset management and securities services.
Societe Generale is  included in the  socially-responsible investment  indices 
FTSE4Good and ASPI.

For more information, you can follow  us on twitter @societegenerale or  visit 
our website www.societegenerale.com.

SOCIETE GENERALE ANNOUNCES THE CLOSING OF THE SALE OF TCW

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