Montrouge, 22 May 2018


The Administrative Court of Appeal of Versailles has just released its verdict
in Crédit  Agricole's case  against the  tax authorities  which, in  2012  has 
contested  the   deductibility   of   a  €2.3 billion   charge   incurred   by 
Crédit Agricole S.A. when  it sold  Greek  bank Emporiki.  The  Administrative 
Court of  Appeal  of Versailles  ruled  that  the charge  was  deductible  and 
enjoined the refund of the  excess corporate tax paid by  Crédit Agricole S.A. 
for the 2012 financial year.

This verdict means that the Court fully accepted the arguments put forward  by 
Crédit Agricole.

Crédit Agricole S.A. will consider the financial impacts of this verdict  once 
all remedies have been exhausted.

Crédit Agricole S.A. press contacts

Charlotte de Chavagnac         + 33 (0)1 57 72 11 17                 

All our press releases are available at:

  Crédit_Agricole   Crédit Agricole Group   créditagricole_sa

Individual shareholders contacts

Toll-free number (from France): 0 800 000 777

Investor relations contacts

(+33 (0)1 43 23 04 31

CP ENG CASA May 22_ 2018


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The issuer of this announcement warrants that they are solely responsible for
the content, accuracy and originality of the information contained therein.
Source: CREDIT AGRICOLE SA via Globenewswire
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