PRESS RELEASE
03/03/2004

Anne-Marie Idrac, a former Minister of France, Chair and CEO of the RATP (Paris Transit Authority) named to the Board of Directors of Dexia

At its meeting of March 4, 2004, Dexia's Board of Directors nominated Anne-Marie Idrac as a member of the Board to replace Paul-Louis Halley, who died accidentally. Ratification of her nomination will be submitted to shareholders at Dexia's next general shareholders' meeting.

Born in July 1951, Anne-Marie Idrac is a graduate of the Institut d'études politiques de Paris and has a law degree. In 1974, when she graduated from the Ecole Nationale d'Administration (ENA), she was assigned to the Ministry of Equipment, where she worked for most of her career as a civil administrator in the fields of the environment, housing, urbanism and transportation.

She was a technical counselor to Michel d'Ornano when he was Minister of the Environment and Living Conditions (1979-1981).

Assigned from 1981 to 1990 to the construction division of the Ministry of Equipment, she was successively assistant director for the improvement of housing conditions, assistant director for housing financing and legal affairs, and deputy director of construction.

CEO of the Etablissement public d'aménagement de Cergy-Pontoise from 1990 to 1993, she was then named Director of land transport at the Ministry of Equipment, Transport and Tourism from 1993 to 1995.

From May 1995 to June 1997, she was State Secretary for Transport in the two governments of Alain Juppé.

Anne-Marie Idrac was elected to the National Assembly as Deputy from Les Yvelines in 1997 and in 2002. In 1998, she was elected to the Regional Council of Ile-de-France. She served as Vice President and then General Secretary of UDF.

She was named Chair and CEO of the RATP on September 25, 2002, leading her to resign from her elected offices and political responsibilities.

A former auditor of IHEDN, she has been president of the Mouvement Européen-France since December 1999.