Groupama Announces the Successful Completion of the Private Placement of Its Remaining Stake in Société Générale

  Groupama Announces the Successful Completion of the Private Placement of Its
  Remaining Stake in Société Générale

Business Wire

PARIS -- August 13, 2013

Regulatory News :

Groupama announces the successful completion of the private placement to
institutional investors of 14,881,016 Société Générale shares, representing
approximately 1.9 per cent of the share capital of the company, i.e. its
remaining stake in Société Générale.

The proceeds from the transaction amount to approximately €517 millions.

The placement was managed by Goldman Sachs International and HSBC acting as
Joint Bookrunners.

This transaction forms part of the rebalancing of the assets portfolio of
Groupama to the market risks announced at the end of 2011, in accordance with
market conditions, and does not reflect in any way a negative appreciation of
the strategy or of the management of Société Générale.

This press release does not constitute an offer to sell or a solicitation of
an offer to buy any securities, and the offer of Société Générale shares by
Groupama does not constitute a public offering.

Disclaimer

This announcement is for information purposes only and does not constitute an
offer to sell or a solicitation to buy any securities, and the offer of
Société Générale shares by Groupama does not constitute a public offering in
any jurisdiction, including in France.

This communication is for distribution in the United Kingdom only to (i)
investment professionals falling within article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order")
or (ii) high net worth entities and other persons to whom it may lawfully be
communicated, falling within article 49(2)(a) to (d) of the Order (all such
persons together being referred to as "relevant persons").

The offer and sale of the securities referred to in this announcement has not
been, nor will be, registered under the United States Securities Act of 1933
(the "Securities Act") and the securities may not be offered or sold in the
United States absent such registration or an applicable exemption from the
registration requirements of the Securities Act. There will be no public
offering of the securities in the United States in connection with this
transaction.

Any investment decision to buy shares in Société Générale must be made solely
on the basis of publicly available information regarding Société Générale.
Such information is not the responsibility of Groupama.

Release, publication or distribution of this press release is forbidden in any
country where it would violate applicable laws or regulations.

About Groupama

Through its brands, Groupama, Gan, and Amaguiz, the Groupama group, France's
leading mutual insurance company, develops its insurance, banking, and service
activities in eleven countries. As of 2012, the group has 13 million customers
and 34,000 employees throughout the world with €14.2 billion in turnover.

                      More information: www.groupama.com

Contact:

Groupama
Press Contact:
Caroline Le Roux, Tel: +33 1 44 56 76 40
Corporate Press Relations
caroline.le-roux@groupama.com
or
Investors and analysts Contact:
Yvette Baudron, Tel: +33 1 44 56 72 53
Investor Relations & Financial Communications
yvette.baudron@groupama.com