PRESS RELEASE
22/11/2004

A Board meeting will be held on Sunday November 28th

Dexia has taken note of the joint press release issued by Arcofin, Holding Communal and Ethias, in which these shareholders express their opposition to studying the project of combining forces with San Paolo IMI. A Board meeting will be held on Sunday November 28th. Meanwhile, Dexia suspends the examination of the project.