NATIXIS: THIRD-QUARTER 2013 AND NINE-MONTH 2013 RESULTS

           NATIXIS: THIRD-QUARTER 2013 AND NINE-MONTH 2013 RESULTS

                                                       Paris, November 6, 2013
                                Third-Quarter 2013 and Nine-Month 2013 results

Good results reflecting the commercial dynamism of our three core businesses

Sound foundations for the 2014-2017 new strategic plan

Higher revenues in core businesses

  oNet revenues from core businesses rose 10% to €1.597bn in 3Q13 and 6% to
    €4.782bn in 9M13
  oWholesale Banking: €6.4bn of new financing production in 3Q13, plus growth
    in capital markets, particularly in Asia and the USA
  oInvestment Solutions: net revenues up 15% in 3Q13 vs 3Q12, fuelled by
    Insurance and Asset Management, which posted a record €11.2bn net inflow,
    mainly from the US
  oSpecialized Financial Services: further growth in Specialized Financing
    business with the Groupe BPCE networks (+15% vs 3Q12)

Results improved^(1) in both 3Q13 and 9M13

  oNet revenues: €1.771bn in 3Q13, up 7% vs 3Q12, and €5.391bn in 9M13, up 4%
    vs 9M12
  oPre-tax profit of €1.362bn in 9M13, up 6% vs. 9M12
  oNet income (group share) excluding GAPC: €278m, up 10% vs 3Q12, and €883m
    in 9M13, up 3% vs 9M12

Operational Efficiency Programme ahead of target

  oCumulative cost reductions of €198m as at September 30, 2013, including
    €39m in 3Q13
  oExpenses were tightly controlled and eased 1% in 3Q13 vs 2Q13

Solid fundamentals to embark on the 2014-2017 strategic plan

  oStrong core business franchises, refocused on key clients
  oMounting synergies with the BP and CE networks underscore
    Natixis'sanchorage within Groupe BPCE
  oFurther decline in GAPCassets following €4.7bn of asset sales in 9M13,
    including €1.1bn in 3Q13

       oContinued improvement in financial solidity: CET1^(2) ratio of 9.9%
         under Basel 3

(1) Pro forma of the sale of CCIs and excluding FVA on own debt
(2) Basel 3 impact will depend  on final rules - Fully-loaded except  on 
DTAs

THIRD QUARTER 2013 RESULTS

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