• Net banking income of RON 3 687 million, up by 2% compared to 2009;
• Gross operating income of RON 2 245 million, up by 8% compared to 2009;
• Consolidated profit of RON 533 million (EUR 127 million), down by 31% compared to the 2009 result.

In 2010, BRD's activity was satisfactory, even if the economic environment was unfavourable, also due to various adjustment measures taken in order to reduce the budgetary deficit.

The net banking income increased to RON 3 687 million in 2010, up by 2% compared to the end of 2009. The operating expenses were strictly monitored, which lead to a decrease of 6% compared to prior year. The gross operating income reached RON 2 245 million as at December 31, 2010, higher by 8% than last year.

The clients' deposits rose by 2% compared to 2009, up to RON 29.8 billion, while the loans to the clients totalled, as at December 31, 2010, RON 34.5 billion, down by 1% against the end of last year.

The loans' structure by type of client remained the same as in 2009, 48% of the loans being extended to individuals, and 52% to corporate clients. The evolution of the loan volume was influenced by the extremely low demand, especially on the individuals' market, despite the efforts to stimulate the demand by low interest rates for consumer loans. "The main engine of lending in 2010 was represented by the large clients market, be they private corporations or public entities and local communities", declared Guy Poupet, Chairman - CEO of BRD-Groupe Société Générale.

The net fee income decreased by 4% caused by a fall in the operations volume, while the net interest margin increased by 13%.

The net cost of risk experienced a significant growth due to current economic conditions and technical elements such as the revaluation of the collateral guarantees. According to the statistics of the National Bank of Romania, BRD non performing loans rate is lower than banking system average. The operating ratio (operating expenses / net banking income) improved compared to 2009, decreasing by 3 percentage points, down to 39%. The bank's investments in 2010 amounted to RON 130 million, almost half of which were made in the IT field.

"We have taken the necessary measures to keep the macro-balances of the bank in place. The operating expenses were kept under strict control, as far as commercial activity is concerned, a special focus was placed on making the best use of the synergies among our business lines, and so we have managed to partially compensate for the fall in demand.

In 2011, as well, we will use the same mechanisms whose functioning we've verified over the past two years and we will adapt to any evolutions that may go beyond our expectations", said Guy Poupet.

The net profit of the group, including the results of the subsidiaries BRD Sogelease and BRD Finance, amounts to RON 533 million (EUR 127 million). As for the net profit of the bank, it totals RON 501 million (EUR 119 million).

The client database has remained solid, counting almost 2.5 million clients. The bank network as at December 31, 2010, counted 937 units, 7 of which have been opened since the end of 2009. The number of employees recorded a slight increase in 2010, up to almost 9 200 for BRD Group.

The subsidiaries' activity was satisfactory despite the difficulties caused by the persistent recession. BRD Finance, the subsidiary specialised in extending consumer loans at the point of sale, recorded a profit and, at the same time, considerably reduced its risk-related costs. BRD Sogelease, the subsidiary specialised in financial leasing, kept a well-balanced portfolio and extended RON 845 million-worth financing. ALD Automotive, a full service operational leasing company, exceeded 6 000 vehicles under management in 2010 and succeeded in winning a market share of 19% on the related Romanian market.

"In the context of a disappointing 2010 for the Romanian economy, the results of the bank illustrate the resilience and especially the sturdiness of BRD. We are approaching 2011 in full confidence, as we rely both on our strength and on the support from our parent-company, the scenario we're taking into consideration indicating a moderate improvement of the economic context. Nevertheless, we think that 2011 will continue to be a difficult year, particularly in what the high net risk cost is concerned. Still, we remain confident that, on the long term, Romania should resume its constant and sustainable economic growth", stated Guy Poupet, Chairman - CEO of BRD.

In 2010, BRD received two important distinctions, being designated "Bank of the Year in Romania" by the international financial publications The Banker and Global Finance.

For more information about the annual results of BRD, please consult the website of the bank, www.brd.ro, the Shareholders/Investors section.

*Evolutions are calculated in nominal terms.

The figures are calculated according to the local accounting standards and they are not audited.

BRD-Groupe Société Générale is the second bank in Romania in terms of total assets, and it has the second market capitalisation on the Bucharest Stock Exchange.

BRD is part of the Société Générale Group, one of the largest groups of financial services in the Euro Zone. The group has over 160,000 employees worldwide, in three key businesses:

- Retail banking and financial services

- Global Investment Management & Services

- Corporate & Investment Banking

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The main financial ratios of BRD-Groupe Société Générale as at September 30, 2010, according to Romanian Accounting Standards*:

* The conversion to EUR for the profit and loss account was based on the average rate of exchange calculated for the first 9 months of the year, i.e. RON 4.1837 for EUR 1, while for the balance sheet, the conversion was made based on the NBR rate of exchange as at September 30, 2010, of RON 4.2674 for EUR 1.

The financial results obtained by BRD - Groupe Société Générale during the first nine months of the year reflect the robustness of the bank's commercial activity, as well as the resistance of the business to a highly difficult economic environment.

The net banking income reached RON 2,652 million (EUR 634 million), up by 5% as against September 30, 2009. The gross operating income has also recorded an increase of 11% compared to the similar period of last year, reaching RON 1,626 million (EUR 389 million), reflecting a dynamic operational activity.

The total volume of loans extended to the customers was of RON 34.05 billion, up by 3% as compared to September 30, 2009, a positive evolution given the current economic environment.

The volume of the loans to private customers stood at RON 16.4 billion, up by 4%. The loans to corporate customers also increased by 3%, up to RON 17.65 billion.

At the end of the first nine months of 2010, the customers' deposits had recorded a steady level compared to September 30, 2009, reaching RON 29.96 billion.

At the same time, the bank particularly focused on controlling the general expenses, which decreased by 3% as against the first nine months of 2009. This contributed to further improving the operating ratio: 38.7%, down by 336 basis points as against September 30, 2009

The return on equity (ROE) at the end of the first nine months was of 14%.

The net profit obtained after the first nine-month period is of RON 474 million (EUR 113 million), down by 28% against the same period of 2009.

"The results obtained after the first nine months of this year prove the bank's constancy in obtaining good commercial results. We continue to hold a strict control of the general expenses, which generates a good cost/income ratio. The difficult economic environment has a direct impact on us, the increase of the net cost of risk being a consequence of the deterioration of general economic situation", declared Guy Poupet, Chairman - CEO of BRD - Groupe Société Générale.

BRD - Groupe Société Générale had, at the end of September 2010, almost 2.5 million customers. At the same date, BRD had 2.2 million valid cards and operated a network of approximately 1,500 ATMs and more than 21,000 POS. The total assets of the bank as at end September 2010 stood at RON 47 billion (EUR 11 billion), down by 2% as against September 30, 2009.

The Q3 report is available to the public and investors on the website of the bank: www.brd.ro. Copies of the report can also be obtained upon request, free of charge, at the head office of BRD-Groupe Société Générale, located 1-7 Ion Mihalache Bd., 1st district, Bucharest.

BRD-Groupe Société Générale is the second bank in Romania in terms of total assets, and it has the second market capitalisation on the Bucharest Stock Exchange.
BBRD is part of the Société Générale Group, one of the largest groups of financial services in the Euro Zone. The group has 157,000 employees worldwide, in three key businesses:
- Retail banking, specialised financing and insurance
- Private Banking, Asset Management and Investor Services
- Corporate & Investment Banking

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Groupe Société Générale obtained in 2009 a consolidated net profit of RON 812 million (EUR 192 million), thus proving resistance to the effects of the crisis. The gross operating profit increased by 13% as against 2008.

In 2009, BRD - Groupe Société Générale was efficient in conducting all its business lines, despite a particularly difficult economic environment.

The main financial indicators of BRD-Groupe Société Générale as at 31/12/2009 are*:

NB: These figures do not include the impact of BRD's revaluation of its fixed assets, which is about to be finished. We estimate that the effect of such revaluation on the net profit, at this time, is a decrease by RON 15 million.

The incomes from fees increased by 7%, at a slower pace than in 2008, given the decrease in the volume of operations, while the incomes from the interest margin and the market operations went up by 19%, and 13%, respectively.

The bank obtained such results by continuing to apply measures aimed at counteracting the effects of the financial crisis, and which consisted in the strict control of the general expenses and in the strengthening of the risk control.

The net risk cost increased considerably in the current economic conditions, reaching 316 bp. The rate of bad loans is lower than the average of the banking system, as shown by the statistics of the National Bank of Romania.

The net profit of the Group, which also includes the results of the subsidiaries BRD Sogelease, BRD Finance and BRD Securities, is of RON 812 million (EUR 192 million). As for the net profit of the bank, it amounts to RON 792 million (EUR 187 million).

In the context of a significantly lower demand, the total loans extended by the bank at the end of 2009 amounted to over RON 34.9 billion, 48% of which represented loans to private customers. The customers' deposits exceeded RON 29.2 billion as at end 2009, up by 2% as against December 31, 2008.

The customer base remains robust - approximately 2.5 million customers - the inactive ones not included, considering the slower pace of attracting new customers. The bank network counts 930 units, the same as at the end of 2008. The operating ratio (general expenses / net banking income) maintains its competitive level, of 42%. The number of employees remained constant in 2009 - reaching almost 9,100 in the entire BRD Group.

"2009 was a difficult exam, with uncertainties regarding the macroeconomic developments. In 2009, the banks were subject to multiple pressures related to the increase in the costs of risks, and especially to ensuring the profitability of their operations given the extremely low demand for banking products and services. To us, it was an exercise of flexibility and adjustment to the effects of the crisis, which we completed successfully", said Guy Poupet, Chairman - CEO of BRD.

In 2009, BRD received two important awards from the international financial publications Euromoney and Global Finance, which designated it "Bank of the Year in Romania".

For more information on the annual results of BRD, please refer to the website of the bank, www.brd.ro, under the Shareholders/Investors section.

*The evolutions are calculated in nominal terms.
The 2009/2008 comparison excludes from the 2008 results the net gain brought by the Asiban transaction.
The figures have been calculated in compliance with the local accounting standards and have not been audited.

BRD-Groupe Société Générale is the second bank in Romania in terms of total assets and has the second market capitalisation on the Bucharest Stock Exchange.

BRD is part of the Société Générale Group, one of the largest groups of financial services in the Euro Area. The group has more than 160,000 employees worldwide, on three key business lines:

- Retail banking and financial services
- Global Investment Management & Services
- Corporate & Investment Banking

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The main financial ratios of BRD-Groupe Société Générale as at March 31, 2009, according to the Romanian Accounting Standards*:

• The net banking income reached RON 815 mn (EUR 191 mn), up by 18% as against March 31, 2008.
  
  
• The gross operating profit approached RON 460 mn (EUR 108 mn), up by 20% as compared to Q1 2008;
  
  
• The total volume of the loans to customers is of RON 33 bn (EUR 7.7 bn), superior by 19.5% as compared to March 31, 2008;
  
  
• The cost/income ratio is of 43.6%;
  
  
• The net risk cost increased to RON 201 mn (EUR 47 mn), as against RON 62 mn (EUR 17 mn) in Q1 2008;
  
  
• The net profit is down by 19% as compared to the net profit as at March 31, 2008, reaching RON 210 mn (EUR 49 mn).

* The conversion to EUR was made for the profit and loss account based on the average rate of exchange calculated for the first 3 months of the year, of RON 4.2663 for EUR 1, while for the balance sheet it was based on the NBR rate of exchange as at March 31, 2009, of RON 4.2348 for EUR 1.

The financial results of BRD - Groupe Société Générale during the first quarter of the year reflect the bank's efforts to continue its activity under normal parameters in the context of economic decrease, paralleled by the careful cost management and risk control. Thus, the net banking income reached RON 815 mn (EUR 191 mn), up by 18% than as at March 31, 2008, and the gross operating profit recorded an increase of 20% as compared to the similar period of last year, reaching RON 460 mn (EUR108 mn).

The total volume of the loans extended to the customers is of RON 33 bn, up by 19.5% as against March 31, 2008. The loans to private customers reached RON 16 bn, up by 17%, while the loans to corporate customers increased by 22%, up to RON 17 bn. The customers' deposits at the end of the first quarter of 2009 registered an increase of 9.4% as compared to March 31, 2008, reaching RON 29.6 bn. BRD is continuing its prudent lending policy. The return on equity (ROE) at the end of Q1 was of 20%, while the cost/income ratio was of 43.6%, these results being reasonable in the current context.

The net profit of the first quarter is of RON 210 mn (EUR 49 mn), down by 19% as compared to Q1 2008. This decrease is mainly caused by the significant accrual of the credit risk cost which, in the current market conditions, can nevertheless be considered as well controlled. Considering certain non-recurrent incomes of the first quarter of 2008, the decrease of the net result would be of only 7%.

"We noticed a strong reduction of the demand for loans, and a significant increment of the risk cost. These two factors are mainly caused by the decrease of the economic activity and by the very high interest rates, mainly for lei. BRD, which anticipated this situation a few months ago, has adjusted to these circumstances by commercial actions focused on the flexibility and diversity of its range of products. We should also note that, although significantly higher than last year, the net risk cost should still be far below the average of the banking system", declared Patrick Gelin, Chairman - CEO of BRD - Groupe Société Générale.

BRD - Groupe Société Générale has, at the end of March 2009, 2.6 mn customers. The bank has issued 2.3 mn cards and operates a network of 1,400 ATMs and 20,000 POSs. The bank assets totalled, at the end of March 2009, RON 50.6 bn (EUR 11.9 bn).

The quarterly report is available for the public and investors on the web site of the bank: www.brd.ro . Copies of the report may also be obtained, upon request, free of charge, at the headquarters of BRD - Groupe Société Générale, located 1-7 Bd. Ion Mihalache, 1st district, Bucharest.

BRD-Groupe Société Générale is the second bank in Romania in terms of total assets. The bank has over 2.6 mn customers and operates a network of 935 agencies. BRD has the second market capitalization on the Bucharest Stock Exchange.

BRD is part of the Société Générale Group, one of the largest groups of financial services in the Euro Zone. The group has more than 160,000 employees worldwide, in three key activities:
- Retail banking and financial services,
- Global Investment Management & Services,
- Corporate & Investment Banking.

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BRD published today, according to the financial communication planning agreed upon with the Bucharest Stock Exchange, the financial statements for the third quarter of 2008. The numbers confirm the results communicated in advance by the press release of October 14, 2008.

Thus, during the first nine months of the year, BRD obtained a net profit of RON 1,039 billion, in increase by 52% as compared to the same period of last year, also including the exceptional income from the sale of its equity interest in the insurance company Asiban. The volume of the loans extended to the customers is superior by 32% as compared to September 30, 2007. The customers' deposits recorded, as at end of Q3, a growth of 25% as against September 30, 2007. At the end of September 2008, the total assets of the bank amounted to RON 44.5 billion (EUR 11.9 billion).

The financial statements are available to the public and investors on the web site of the bank: www.brd.ro - Section Shareholders & Investors. Copies of the report may be also obtained, upon request, free of charge, at the head office of BRD - Groupe Société Générale S.A., located at 1-7 Ion Mihalache Bvd, 1^st district, Bucharest.

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During the first nine months of 2008, BRD - Groupe Société Générale recorded an important activity growth, both on the private and on the corporate banking sectors. The results of BRD - Groupe Société Générale at the end of the third trimester reflect this trend, in the context of a careful monitoring of the counterparties' quality.

The main financial ratios of BRD-Groupe Société Générale as at September 30, 2008 are:

• Net operating profit: RON 813 million (EUR 223 million), superior by 19% to the net profit recorded as at September 30, 2007; by adding the exceptional profit obtained from the sale of the equity interest in Asiban, the net profit obtained by BRD as at September 30, 2008 amounts to RON 1,038 million (EUR 285 million), higher by 52.2% to the level recorded at 30/09/2007;
• Net banking income: RON 2,147 million (EUR 590 million), higher by 25% than its level at the end of September 2007 (excluding the impact of the sale of the equity interest in Asiban);
• Gross operating profit: RON 1,203 million (EUR 331 million), in growth by 23% as compared to 30/09/2007 (excluding the impact of the sale of the equity interest in Asiban);
• Return on equity (ROE) at the end of T3 2008: 33% (excluding the impact of the sale of the equity interest in Asiban);
• An excellent level of the cost/income ratio: 44% (excluding the impact of the sale of the equity interest in Asiban)

The net profit of the first 9 months of the year, excluding the result of the sale of the equity interest in Asiban, is of RON 813 million (EUR 223 million), in growth by 19% as compared to the same period of last year. The exceptional profit (after the payment of taxes) obtained from the sale of the equity interest in Asiban amounts to RON 225 million (EUR 62 million). The Return on equity (ROE) as at end September was of 33%, which shows the high efficiency of the bank's operations, while the cost/income ratio was of 44%, which reflects the stringent management in the context of a less favourable economic environment as compared to the same period of 2007. The net risk cost maintained to a very low level.

The volume of the loans extended to the customers is higher by 32% as against September 30, 2007. Customers' deposits recorded at the end of T3 2008 an increase of 25% as against September 30, 2007. The total assets of the bank, at the end of September 2008, amount to RON 44.5 billion (EUR 11.9 billion).

"The solid growth at the end of the first nine months is due to the implementation of an adequate commercial policy both on the retail and on the corporate markets. At the same time, the growth is carefully calibrated, by applying strict risk monitoring principles in a relatively difficult market context. Indeed, our solidity was confirmed by the rating agency Fitch, which reasserted the rating A - for BRD at the end of last week", declared Patrick Gelin, Chairman - CEO of BRD - Groupe Société Générale.

At the end of September 2008, BRD - Groupe Société Générale had 2.6 million customers. BRD issued over 2.3 million cards and operates a network of almost 900 units, more than 1,400 ATMs and over 16,000 POSs.

* Unconsolidated preliminary financial results, computed according to the local standards (Order of the National Bank of Romania no. 5/2005). The amounts were converted from RON to EUR based on the average rate of exchange calculated for the first 9 months of the year, of 3.6404 RON/EUR for the income figures, and of 3.7336 RON/EUR for the balance sheet figures. The bank will publish the complete financial statements on November 10, 2008, according to the communication calendar agreed upon with BSE.

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BRD - Groupe Société Générale in 2007: growing financial results; improved profitability; strengthening of its position on the market:

• Net Banking Income: RON 2 512 million (+ 42 %)
• Gross Operating Result: RON 1 407 million (+ 54 %)
• Net consolidated result: RON 932 million (+ 36%)
• Net result of BRD: RON 917 million (+40%)
• " 806 units (+ 206): the largest banking network in Romania
• ROE = 35,4%

BRD - Groupe Société Générale generated an accelerated growth of all of its activities in 2007, as well. The bank results strengthened its position on a financial and banking market in fast development: in the context of a tough competition, BRD maintained or increased its market shares for certain products and customer segments.

BRD's strategy for 2007 relied on the development of the "proximity bank" concept, characterised by products tailored to the market's needs, good expense management and strict risk control.

Starting 2004, BRD has opened a record number of agencies, reaching 806 at the end of 2007 - thus becoming the largest banking network in Romania.

Counting on proximity, but also on an innovative commercial offer, BRD managed to attract in 2007 over 300,000 new active customers. The development of the bank was accompanied by the recruitment of more than 2,400 new employees.

The extended loans totalled as at end 2007 approximately RON 27 billion, 50% of which were loans to private customers. The total volume of the loans extended by BRD - Groupe Société Générale augmented by 44% as against December 31, 2006.

The volume of private loans increased by 45%, while the loans destined to corporate customers augmented by 42%. The weight of small and medium-sized companies in all the bank's commitments represented 39% at the end of last year.

As at end 2007, the customers' deposits exceeded RON 27 billion, superior by 37% to December 31, 2006.

The net banking income registered an important growth in 2007, reaching RON 2,512 million, superior by 42% to last year.

The gross operating income is of RON 1,407 million, in increase by 54% as compared to 2006. The operating ratio (general expenses / net banking income) reached 44%, which is lower compared to 2006, despite maintaining a high investment rate (EUR 69 million).

The risk cost maintained to a low level, bad loans representing only 1.03% in overall commitments.

The net profit of BRD amounts to RON 917 million* (+40% as against 2006), while the consolidated net profit reached RON 932 million**, superior by 36% to last year.

The return on equity maintained a good level, ROE being of 35.4%. The decrease as against September 30, 2007 (39.7%) is due to including the assets revaluation gap in the bank's equity.

In 2007, as well, the financial group built around BRD expanded by the setting up of three more new companies. BRD entered the pension funds market, by its specialised subsidiary, BRD Fond de Pensii. The other two subsidiaries that were set up are Sogeprom România, for real estate development and promotion, and ECS International, a company specialised in the renting of IT equipment.

In 2007, BRD received important awards, being chosen Bank of the Year 2007 in Romania by 3 international financial publications: Euromoney Magazine, The Banker and Global Finance.

For more information on the annual results of BRD, please refer to the bank site, www.brd.ro, section Shareholder/Investors.

Growths are computed in nominal terms.
Figures comply with the local accounting standards.
The consolidated results include BRD - Groupe Société Générale, BRD Sogelease IFN,
BRD Finance IFN and BRD Securities.

* EUR 275 million
** EUR 279 million

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• As at June 30, 2007, the loans extended by BRD amounted to RON 20,8 billion (+ 51% as against June 30, 2006)
• Gross operating income exceeds RON 590 million (+59% as against June 30, 2006
• Net profit of the period: RON 417 million (+ 32% compared to the result reported as at June 30, 2006)

The financial performances of BRD - Groupe Société Générale during the first half-year of the year fall within the contemplated parameters. They result from the increase of the loan production, especially in private banking.

Thus, the total volume of the loans to the clientele reaches RON 20.8 billion RON, in increase by 51% as compared to the same period of 2006. The loans to private customers augmented by 48%, while the loans to corporate customers increased by 54%.

The loans to private customers represent over 46% of the total loans extended by the bank. Deposits exceed RON 21.3 billion, in increase by 32% as against June 30, 2006.

The gross operating income (without the net risk cost impact) is of RON 592 million, largely superior to the one reported during the same period of 2006 (+59%).

The risk cost reached a historical minimum at the end of the period, due to the recovery of some receivables.

Consequently, the net profit reaches RON 417 million, in growth by 32% as compared to June 2006.

The return on equity (ROE) reached at the end of the first half-year an excellent level of 38,1%, while the operating ratio (general expenses/net banking income) equalled 45,2%.

The excellent financial results obtained at the end of the first half-year come from the conjugation of several winning strategic decisions; the extension of our agency network, the launch of market-impact products and a thorough control of the general expenses are just some of them", declared Patrick Gelin, Chairman-CEO of BRD - Groupe Société Générale.

As at end of June 2007, BRD - Groupe Société Générale counted more than 2,200,000 customers. BRD issued 2.000.000 cards and operates a network of 1.100 ATMs and over 10.000 POSs. The bank has the second market capitalisation with the Bucharest Stock Exchange (approximately EUR 6 billion).

The half-yearly report of BRD - Groupe Société Générale is available to the public and investors on the web site of the bank: www.brd.ro. Copies of the half-yearly report may be obtained, upon request, at the head office of BRD - Groupe Société Générale, situated at Bd. Ion Mihalache nr. 1-7, sector 1, Bucharest.

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On Friday, June 8, 2007, BRD - Groupe Société Générale starts paying the dividends on 2006 to its shareholders recorded in the BRD shareholders' register as at May 4, 2007.

The shareholders who own cards issued by BRD or hold current accounts opened with BRD - Groupe Société Générale will automatically receive the dividends on the respective card or current account.

The shareholders who requested that the payment be made in an account opened with another commercial bank will receive the dividends in the specified account, according to their option.

The shareholders who did not specify an account for the payment of the dividends are expected, starting June 8, 2007, in any BRD agency to request the payment of the dividends, either by transfer or in cash.

BRD - Groupe Société Générale transmitted each shareholder a letter informing them on the quantum of the dividends due to them and on the payment modality.

The General Meeting of the Shareholders of BRD - Groupe Société Générale of April 18, 2007 set a gross dividend of RON 0.36722 per share.

BRD - Groupe Société Générale is the second bank in Romania, with assets exceeding EUR 8.7 billion. The bank has over 2.2 million customers and operates a network of more than 600 agencies. BRD has the second market capitalisation at the Bucharest Stock Exchange (approximately EUR 5 billion).

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· As at March 31, 2007, the loans extended by BRD totalled over RON 19 billion (+78% as against the same period of 2006)

· Gross operating income amounts to RON 256 million (+45% as against March 31, 2006)

· The net profit of the period is of RON 168 million (+12% as compared to the retained earnings as at March 31, 2006)

Bucharest, May 14, 2007. The financial and commercial performances of BRD - Groupe Société Générale during the first quarter of 2007 were good, the Bank recording a growth of 39% of the net banking income as compared to the same period of last year.

As at March 31, 2007, the loans extended to the customers reached approximately RON 19 billion, in growth by 78% as against March 31, 2006. The loans to corporate customers increased by 64% as compared to March 2006, while those to private customers by 96% as against the same period of the previous year.

The customers' deposits as at end March 2007 exceed RON 20 billion, in growth by 36% as compared to last year.

The gross operating income (without the impact of provisions) reached RON 256 million, and the net profit amounted to RON 168 million.

The Return on Equity was of 30% at the end of the first quarter of the year.

As at March 31, 2007, the distribution network of BRD was made up of over 600 agencies. At the same date, the Bank had more than 1.000 ATMs and over 10.000 POSs.

According to the Chairman of BRD, Patrick Gelin, "BRD keeps on recording high growth rhythms on all the markets and has managed to consolidate its position despite a very strong competition. The Bank confirmed its force on the retail market, where its products and services, but especially the fast expansion of its distribution network, enabled it to enlarge the market share and the customer database. BRD also pays particular attention to the corporate customer market, on which large corporations and SMEs represent important growth sources this year."

At the end of March 2007, BRD - Groupe Société Générale had approximately 2,2 million active customers. The Bank has the second market capitalisation on the Bucharest Stock Exchange (around EUR 4, 8 billion at the end of April 2007).

*) All the numbers are expressed in nominal values and are unconsolidated.

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- Net Banking Income: RON 1 772 million (+ 26%)
- Gross Operating Revenue: RON 911 million (+ 21 %)
- Consolidated net income: RON 687 million (+ 19%)
- Net income of BRD: RON 656 million (+19%)
- 600 agencies (+ 274)
- ROE = 36%

The year 2006 confirmed the positive evolution of the financial performances of the bank, despite the massive investments in the development of the network and the maintenance of a high productivity and profitability level.

Commercially, for BRD - Groupe Société Générale, the year 2006 represented a period of very fast growth of the number of agencies (in average, one new agency opened per business day). Counting on proximity, but also on the innovative and reactive commercial offer, BRD managed to diversify its customers on market segments with great development potential: the liberal professions, the micro-companies, the agricultural or real estate sectors. BRD thus increased its portfolio with over 360 000 new active customers. The expansion of the network was accompanied by massive personnel recruitment, the largest in the Romanian banking sector: more than 2 200 new employees joined the BRD team in 2006.

The total loans as at end 2006 exceeded RON 18, 7 billion, the loans to individuals representing 50%. Thus, the total volume of the loans extended by BRD - Groupe Société Générale increased by 79%, as against 2006. This positive evolution was also due to our subsidiaries, which had remarkable results. The loans to individuals increased by 113 % and the loans to legal entities by 54%.

The customers' deposits at the end of the year exceeded RON 19, 6 billion, in increase by 35% as against December 2005.The net banking income continued its growth in 2006, reaching RON 1 772 million, in growth by 26% as compared to the previous year, reflecting the sustained development of the company business.

The gross operating revenue is of RON 910 million, in increase by 21% as compared to 2005. The operating ratio (general expenses/net banking income) reached 49%, slightly superior to 2005, due to the massive investments made this year.

On the background of a maintained low risk cost and of a good expenses management, the net consolidated profit reached RON 687 million, in increase by 19%. The individual profit of BRD was of RON 656 million.

The return on equity maintained a good level, ROE reaching 36%.

As at end 2006, BRD - Groupe Société Générale had 600 agencies, 2 000 000 customers and almost 7 300 employees. BRD is the second bank in Romania and the second market capitalisation on the Bucharest Stock Exchange, with a capitalisation of over EUR 4.5 billion.

More information on the annual results is available to you on the bank site, www.brd.ro, under section Shareholders/Investors.

* Note:
All the figures are consolidated for BRD, BRD Sogelease IFN, BRD Finance IFN and BRD Securities
% - evolution in nominal terms

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On September 30, 2006, the loans extended by BRD exceeded RON 16,3 bn (+84% towards September 30, 2005*)

BRD - Groupe Société Générale registered a substantial increase in all its activities during the first nine months of the year.

The total volume of loans extended to customers exceeded RON 16, 3 bn (EUR 4, 6 bn), in increase by 84% as compared to the same period in 2005. The loans extended to the individuals represented on September 30, 2006 51% of the total loans extended by the bank. The deposits had an increasing trend, exceeding RON 17,4 bn (EUR 4,8bn), in increase by 22% as compared to September 30, 2005.

During the third quarter, BRD continued its investments programme in the IT system and in the distribution channels. Thus, at the beginning of the year over 200 new entities were opened, reaching over 530 entities. In the same period, 1400 persons were recruited.

The net income increased by 20% reaching RON 1180 mn (EUR 333 mn). Taking into account the increased level of the general expenses related to the investments and recruitment, the gross operating income (without the impact of the risk net cost) reached RON 592 mn (EUR 167 mn), in increase by 6% as compared to September 2005.

The net profit, according to the targets proposed for 2006, reached RON 477 mn (EUR 135 mn), in increase by 6% as compared to the same period of 2005. The return on equity (ROE) was at the end of the third quarter 34,9 %, while the operating ratio (the general expenses/net income), in slight decrease reached 49,8%.

"In the context of a highly accelerated rhythm of development, the bank kept a good level of earning power and managed to develop its customer basis and to improve its position on the individuals' market. In sometimes quite difficult conditions imposed by the National Bank of Romania, BRD managed to adopt the right strategy corresponding to this period", Patrick Gelin, President-CEO of BRD - Groupe Société Générale stated.

As at the end of September 2006, BRD and its subsidiaries counted almost 2 mn active customers individuals and legal entities and over 7 000 employees. The quarterly report of BRD - Groupe Société Générale is available for the public and investors on the bank's website: www.brd.ro. Copies of the quarterly report can be obtained on request also from the head office of BRD - Groupe Société Générale, residing at 1-7, Ion Mihalache Bvd., district 1, Bucharest.

* The increases are computed in nominative terms

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H1 2006 : BRD - Groupe Société Générale has obtained a RON 315 million net profit

BRD financial performance maintain a good level, with a 15% growth of the net banking income against the same period last year, under the conditions of a severe legal framework and in the context of a significant investment program in IT and network development.

The total volume of loans nears RON 13.8 billion, up 72% against the same period last year. End of June 2006, personal loans accounted for 49% of the total of the loans granted by the bank. Time deposits followed this tendency, exceeding RON 16 billon, up 44% against June 30, 2005.

Gross operating income (without the impact of the net cost of risk) was of RON 370 million, with a net profit of RON 315 million (EUR 89 million), up 4% (up 7% in EUR) against H1 2005. ROE was of 35.6%. At the same time, consolidated profit of BRD Group (which includes the results obtained by subsidiaries BRD Sogelease IFN, BRD Finance IFN and BRD Securities) was of RON 335 million (EUR 95 million).

"Our activity was intense during the first half of 2006, although it was strongly influenced by the measures taken by the Central bank, which determined additional costs for the banks in connection with the mandatory reserves on one hand, and by the strong competition on the other. The loans granted by the bank are well balanced between the main categories of customers; the bank benefited from the synergy created between its structures acting of different markets, as well as from the attractiveness of its loans addressed to individuals and SMEs" said Patrick Gelin, BRD Chairman and CEO.

End of June 2006, BRD - Groupe Société Générale was operating a network of 441 branches and counted more than 1.8 million customers.

The H1 report of results obtained by BRD - Groupe Société Générale is available to the public and investors on the web site www.brd.ro. Copies of the report can be obtained, on demand, at BRD's HQ, Boulevard Ion Mihalache 1-7, sector 1, Bucharest.

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As at March 31, 2006 the loans amounted to nearly RON 11 bn (+57%, y-on-y)

The financial and commercial performances of BRD - Groupe Société Générale during the first quarter of 2006, were good; the bank registered an increase of the banking net income of 15% as compared to the same period of the previous year.

As at March 31, 2006 the loans extended to the customers amounted to nearly RON 11 bn, in increase by 57% as compared to March 31st, 2005. The loans extended to the legal entities increased by 35% as compared to March 2005, whereas the loans granted to the individuals are superior by 98%, against the same period of the previous year.

At the end of the first quarter of 2006, the loans for individuals represented 44% of the aggregate loans granted by the bank.The customers' deposits as at end of March 2006 reached almost RON 15 bn, in increase by 63% as compared to last year.

The gross operating income (without the impact of the provisions) reached RON 177 mil., and the net income reached RON 150 mil., in line with our targets.

The Return on Equity was of 35% at the end of the first quarter of 2006.According to the president of BRD, Patrick Gelin, "the result we obtained is situated within the predicted parameters. The bank kept maintaining a high rhythm of increase on both major markets, with a particular focus on the retail market, where it succeeded in remaining competitive in spite of a serious competition. In the following period, BRD will continue its development policy concerning the range of products and services, where it will continue the integration of some innovating products for the Romanian market, as well as in its agency network."BRD - Groupe Société Générale had, as at end of March 2006, a network of over 360 bank agencies and over 1,8 million customers, both individuals and legal entities.

*) all the figures are expressed in nominative values

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The General Assembly of the Shareholders (GAS) of BRD - Groupe Société Générale met on April 20, 2006 at the Crowne Plaza Hotel, for both the Ordinary and the Extraordinary sessions. As announced in the Convocation, there were entitle to participate in and to vote at the Ordinary and Extraordinary General Assembly the persons having the capacity of shareholder on the reference date April 14, 2006.At the meeting there were present shareholders representing 90,13% of the capital stock of the bank. The meetings of the GAS were presided by Mr. Patrick Gelin, Chairman of the Board of Directors.

Under the Ordinary GAS, the participants debated and approved: the financial statements of the Bank on 2005, namely: the balance, the income statement, the modified equity statement, the treasury flow statement, the accounting policies and explanatory notes, based on the administrators' report for the fiscal year 2005 and on the opinion of the financial auditor Ernst & Young Assurance Services with respect to the financial statements of BRD as at December 31, 2005. The General Assembly of the Shareholders of BRD also approved the distribution of the profit amounting to RON 553.237.128 and the setting of the dividend for 2005 (the gross dividend is of RON 0,3089 /share, superior with 23% to the previous year):
* The nominal value of a share is of RON 1

Net profit: RON 553.237.128
Increase of the reserve for banking risks: RON 74.845.690
Balance carried forward: RON 263.115.291
Dividends due to the shareholders: RON 215.276.147

Dividends will be paid within maximum 60 days since the date on which the resolution of the General Assembly is published in the Official Gazette, in compliance with the Articles of Incorporation of BRD. According to Law no. 297/2004 on the capital market, the shareholders entitled to cash the dividends for the bank's activity in 2005 are those shareholders registered with the Register of the Shareholders on the registration date set by GAS, namely May 9, 2006. Likewise, there were debated and approved: the discharge of the BRD administrators for the fiscal year 2005; the budget for 2006 and the business plan for the fiscal year 2006; the remuneration due to the members of the Board of Directors, non-members of the Executive Committee, for the fiscal year 2006 and the election of a new administrator, Mr. Sorin Marian Coclitu, President and CEO of the Romanian Loan Guarantee Fund for Private Investors. The Extraordinary GAS had on its agenda and approved: the amendment and addenda to the BRD Articles of Incorporation according to the proposals in the Convocation, as well as the delegation to the Board of Administrators of the power to amend the Bank's object, until the next extraordinary general assembly of the shareholders.

The annual report including the financial statements of 2005 approved by the General Assembly of the Shareholders was transmitted to CNVM and to the Bucharest Stock Exchange and it is available to the public and the investors on the website of the bank: www.brd.ro. Copies of the report may also be obtained, upon request, at the head office of BRD - Groupe Société Générale, located at 1-7 Boulevard Ion Mihalache, sector 1, Bucharest.

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The results of BRD - Groupe Société Générale went on soaring during the third quarter of 2005.

The total amount of loans reached 8.8 billion RON (88.000 billion ROL) by September 30, 2005, 38% higher compared to the same period 2004. Loans to individuals increased by 96%, while loans to legal entities increased by 14%. At the end of the third quarter 2005, loans to individuals accounted for 42% of all loans granted by the bank. By the end of September 2005, deposits had surpassed 14.3 billion RON (143.000 billion ROL), an increase of 90% compared to September 2004.

The net banking income increased by 30% at the end of the third quarter, compared to the same period last year, reaching 984 million RON (9.840 billion ROL).The gross operating income (without taking into account the impact of commissions) for the first 9 months of the year is 559 million RON (5.590 billion ROL). The operating ratio (overheads/ net banking income) is 43%, 4 points lower compared to the same period 2004. Given the lower cost of risk, the net income for the first 9 months reached 448 million RON (4.480 billion ROL).

According to Patrick Gelin, Chairman of BRD, "the bank's activity during the third quarter stayed high. BRD pursued the expansion of its client database and network, by adding 21 new agencies during the last quarter. In the last part of the year, the environment might less favorable, given the latest BNR regulations and its interest policy."

At the end of September 2005, BRD - Groupe Société Générale counted more than 500 ATMs and approximately 1.700.000 active clients, legal entities and individuals. The BRD - Groupe Société Générale quarterly report is available to the public and to investors on the bank's web site: www.brd.ro. Copies of the quarterly report may be obtained, at request, at the head office of BRD - Groupe Société Générale, at 1-7 Bd Ion Mihalache, sector 1, Bucharest.

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The activity of BRD - Groupe Société Générale knew a sustained development during the first half of 2005. The total amount of loans granted is of nearly 8.000 million RON (79.846 billion ROL), 43% higher compared to the same period 2004. Loans to individuals increased by 88% while loans to legal entities increased by 25%.

Deposits followed this trend and surpassed 11.000 million RON (111.675 billion ROL), 67% higher compared to June 2004. At the end of June, the network of BRD - Groupe Société Générale counted 257 agencies and 1.645.000 clients both individuals and legal entities.

Despite the significant fall of margins, net profit increased by 97% compared to the first half of last year, reaching 304 million RON (3.039 billion ROL). Due to an efficient control of overheads, the gross operating income has reached 375 million ROL (3.749 billion ROL), 49% higher compared to the same period 2004. These high results enabled an increase in the profitability of owners' equity, which is currently 43%, while productivity is improving as well, the operating ratio (overheads /Net Banking Revenue) lowering by 8% to 43%. « These results confirm once again the appropriateness of BRD's strategy and reflect the progress made in so far as the commercial offer and the quality of service are concerned. On the other hand, the network expansion policy had the results expected with respect to the increase of the business assets on the individuals and SME market.

The second half will be necessarily influenced by the measures recently applied by BNR., but we feel confident that we will accomplish our annual objectives », stated Patrick Gelin, President - CEO of BRD - Groupe Société Générale.

The BRD - Groupe Société Générale report for the first half of the year is available on the bank's web site: www.brd.ro. Copies of the report may be obtained, at request, at the head office of BRD - Groupe Société Générale, at 1-7 Bd Ion Mihalache, sector 1, Bucharest.

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The results of BRD - Groupe Société Générale knew a sustained increase during the first quarter of 2005. The total amount of loans is 68.845 billion lei, 23% higher compared to 2004. With respect to individual clients, the deposits rate increased by more than 56%. Loans to legal entities increased by 11% compared to March 2004. At the end of the first quarter 2005, loans to individuals accounted for 35% of all loans granted by the bank.

Deposits reached 90.899 billion lei at the end of March 2005, an increase of 32% compared to last year. The gross operating income (without calculating the impact of provisions) has increased by 27%. The operating ratio (overheads/ net banking income) is of 42%, a fall of 2% compared to the same period 2004. As a result of a highly reduced risk cost and from the effect of fiscal relaxation, net income has reached 1.453 billion lei, an increase of 59% compared to 2004. The return of equity was of 42% during the first quarter of 2005 (2004: 30%).

According to Patrick Gelin, the financial results obtained by the bank at the end of the first quarter reflect the appropriateness of our development strategy, based on the ongoing development of the range of products and services but also on the respect of the criteria of profitability and caution. The results are encouraging and they are the direct outcome of the profitable transactions made on both individuals and corporate markets. Our market share for the goods and services we wish to develop stayed high. We envisage the launch of several commercial initiatives aiming at raising the number of customers and, to an equal extent, at developing their loyalty.

At the end of March 2005, BRD - Groupe Société Générale holds a network of 220 agencies, at the service of nearly 1.590.000 clients individuals and legal entities.

*) all figures are expressed in comparable values

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