Clarification Of The Autorité Des Marchés Financiers News Release Dated 19 September 2008 - Shortselling: Ban On Unsecured Transactions And Transparency Of Short Positions In Financial Sector Securities

The equity securities concerned by the news release dated 19 September 2008 on short-selling are the following:

• ALLIANZ
• APRIL GROUP
• AXA
• BNP PARIBAS
• CIC
• CNP ASSURANCES
• CRÉDIT AGRICOLE
• DEXIA
• EULER HERMES
• HSBC HOLDINGS
• NATIXIS
• NYSE EURONEXT
• PARIS RE
• SCOR
• SOCIÉTÉ GÉNÉRALE

The AMF will publish a FAQ to deal with the technical questions raised by the news release dated 19 September 2008.