SOCIETE GENERALE: SOCIETE GENERALE SIGNS A FRAMEWORK AGREEMENT WITH VTB TO STRENGHTEN ITS POSITION IN ROSBANK

  SOCIETE GENERALE: SOCIETE GENERALE SIGNS A FRAMEWORK AGREEMENT WITH VTB TO
                      STRENGHTEN ITS POSITION IN ROSBANK

Paris, Moscow, October 7th, 2013
SOCIETE GENERALE signs a framework agreement with VTB
to strengthen its position in Rosbank

Societe Generale  has signed  a framework  agreement with  VTB Group  for  the 
acquisition of  VTB Group's  10% stake  in Rosbank.  Through this  acquisition 
Societe Generale strengthens its commitment to the Russian market,  increasing 
its stake in Rosbank to 92.4%.

In exchange, the agreement includes the sale by Societe Generale Group to  VTB 
Group of certain Russian assets: shares  listed on Moscow Exchange as well  as 
some loans and  real-estate assets. These  operations contribute to  Rosbank's 
ongoing strategic refocusing.

This transaction will have a positive financial impact on Rosbank and  limited 
impact on Societe Generale Core Tier 1 ratio.

The transaction is expected to be completed in Q4 2013.

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.

Societe Generale has been playing a vital  role in the economy for 150  years. 
With more  than 154,000  employees, based  in 76  countries, we  accompany  32 
million clients  throughout the  world on  a daily  basis. Societe  Generale's 
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, offering  a comprehensive  range of  multichannel 
    financial services on the leading edge of digital innovation; 

  *International retail  banking, financial  services  and insurance  with  a 
    presence in emerging economies and leading specialised businesses; 

  *Corporate and investment  banking, private banking,  asset management  and 
    securities services, with recognised expertise, top international rankings
    and integrated solutions. 

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.

Contact Société Générale, Paris : Astrid Brunini +33(0)1 42 13 68 71
Astrid.brunini@socgen.com

Contact   Rosbank,   Moscow:   Dmitry   Grachev,   +7   (495)   232   98    47 
DVGrachev@rosbank.ru

SOCIETE GENERALE SIGNS A FRAMEWORK AGREEMENT WITH VTB

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Source: SOCIETE GENERALE via Thomson Reuters ONE
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