PRESS RELEASE
18/05/2001

Anne-Claire Taittinger appointed to Dexia's Board of Directors

The General meeting of shareholders of Dexia S.A, held on Wednesday 9 May 2001 appointed Anne-Claire Taittinger, Chairman of the Board of Société du Louvre, as a member of Dexia"s Board of Directors to replace Michel Pasquet, who resigned, for a term of 6 years, and ending after the shareholders" meeting of 2007.

Anne-Claire Taittinger, 51,is since 1997 Chairman of the Board of Société du Louvre - Groupe du Louvre, for which she was succesively General Secretary, Assistant General Manger and General manager between 1985 and 1997. Furthermore, Anne-Claire Taittinger is Chief Executive Officer of Baccarat, for which she was General Manager in 1993, Vice-President Chief Executive Officer Deville and General Secretary of Compagnie Financière Taittinger. Graduated from the Institut d"Etudes Politiques de Paris and from the Centre de Perfectionnement aux Affaires, Anne-Claire Taittinger has degrees in Town Planning and National and Regional Development and Master"s degree in Urban Sociology. She began her career in 1976 at SCET - Groupe Caisse des Dépôts et Consignations, and joined in 1979 the Compagnie Financière Deville (Holding Company of Groupe du Louvre) as Assistant General secretary, General Secretary and Chief Executive Officer untill 1994. Anne-Claire Taittinger was furthermore, Chief Executive Officer of Parfums Annick Goutal (1986-1992) and Vice-President Chief Executive Officer and Chief Executive Officer of ELM-Leblanc and of Compagnie Financière Leblanc (1991-1996).