Calyon Announces the Appointment of Duncan E. Goldie-Morrison as Chief Executive Officer of Calyon Americas



    PARIS & NEW YORK, June 19 /CNW/ - Calyon is pleased to announce the
appointment of Duncan E. Goldie-Morrison as Chief Executive Officer of Calyon
Americas. He will take up his position in late summer and will be based in New
York.

    Mr. Goldie-Morrison began his career at Kleinwort Benson in 1977, first
in London and subsequently in the United States. In 1987, he joined Westpac
Banking Corporation as the head of their London capital markets division. From
1991 to 1993 he was in charge of the derivatives and syndication business
lines at Natwest Markets.

    From 1993 to 2003 Mr. Goldie-Morrison was with Nationsbank/Bank of
America. His last position with Bank of America was Head of the Global Markets
Group and Head of Asia and Latin America. He was a member of the Bank's
Management Committee, ALCO, and Trading Risk Committee.

    For the past four years Mr. Goldie-Morrison has worked in the hedge fund
and private equity sectors, as well as serving on the boards of several public
companies.

    Mr. Goldie-Morrison was born and educated in England and has spent the
majority of his working life in the United States.

    About Calyon

    Calyon is a wholly-owned subsidiary of Credit Agricole S.A, and is its
corporate and investment banking entity. Credit Agricole S.A. is in turn part
of the Credit Agricole Group, the 6th largest banking group worldwide in terms
of shareholders' equity, and which has total assets of EUR 1.38 trillion as of
the end of 2006.

    Calyon, with a staff of over 13,000 employees in more than 58 countries,
is active in a broad range of capital markets, investment banking and
financing activities.

    Calyon in the Americas offers corporate and institutional clients the
latest in financial products and services through its three main entities: the
banking unit Calyon, the full service broker-dealer Calyon Securities (USA)
Inc. which is a member of the NYSE and NASD, and, for financial and
commodities futures, Calyon Financial, which is registered with the CFTC.

    In September 2006, Calyon obtained Financial Holding Company (FHC) status
under the Bank Holding Company Act enabling Calyon to expand and diversity the
financial activities it conducts in the United States. Calyon's goal is to
increase its growth in the Americas by adding to its range of high-added-value
products in the areas of capital markets, investment banking and structured
finance.

    With headquarters for the Americas in New York City, Calyon serves its
North American clients from its offices in New York, Chicago, Dallas, Houston,
Los Angeles, and Montreal in Canada. In Latin America, it operates as a bank
in Brazil through Banco Calyon Brasil S.A. and has sales origination offices
in Mexico, Argentina, Chile and Uruguay.

    www.calyon.com




For further information:

For further information: Calyon - Corporate Communications Mary M.
Guzman, 212-261-7129 mary.guzman@us.calyon.com or Steven S. Anreder Jeffrey S.
McKenzie Anreder & Company 212-532-3232 steven.anreder@anreder.com

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