Further to press comments today...

...about Dexia Board chairmanship and Executive Management, Dexia indicates that the statutes of the Group provides that appointments to such functions are decided by the Board of directors following a corporate governance procedure which includes the Appointments Committee.
In view of the forthcoming terms, this process is currently underway. Dexia will communicate the decisions once they are made, some time before the term of the mandates, so as to insure smooth transition.