2007 REGISTRATION DOCUMENT

5 NotesCONSOLIDATED FINANCIAL STATEMENTSto the financial s tatements p repared in accordance with I nternational Financial Reporting S tandards as adopted by the European Union< Contents >Issuer Date of issue Currency AmountRate and term before1st call dateBNP Paribas SA June 2005 USD 1,350 millions 5.186% 10 yearsRate after1st call dateUSD 3-monthLibor + 1.68%BNP Paribas SA October 2005 EUR 1,000 millions 4.875% 6 years 4.875%BNP Paribas SA October 2005 USD 400 millions 6.250% 6 years 6.250%BNP Paribas SA April 2006 EUR 750 millions 4.730% 10 years3-month Euribor+ 1.69%BNP Paribas SA April 2006 GBP 450 millions 5.945% 10 yearsGBP 3-monthLibor + 1.13%BNP Paribas SA July 2006 EUR 150 millions 5.450% 20 years3-month Euribor+ 1.92%BNP Paribas SA July 2006 GBP 325 millions 5.945% 10 yearsGBP 3-monthLibor + 1.81%BNP Paribas SA April 2007 EUR 750 millions 5.019% 10 years3-month Euribor+ 1.72%BNP Paribas SA June 2007 USD 600 millions 6.500% 5 years 6.50%BNP Paribas SA June 2007 USD 1 100 millions 7.195% 30 yearsUSD 3-monthLibor + 1.29%BNP Paribas SA October 2007 GBP 200 millions 7.436% 10 yearsGBP 3-monthLibor + 1.85%1234The proceeds raised by these issues are recorded in equity under“Retained earnings”. In accordance with IAS 21, issues denominated inforeign currencies are recognised at their historical value based on theirtranslation into euros at the issue date. Interest on the instruments istreated in the same way as dividends.8.a.4Own equity instruments (shares issuedby BNP Paribas and held by the Group)The 5th resolution of the Shareholders’ General Meeting of 23 May2006 authorised BNP Paribas to buy back shares representing up to10% of the Bank’s issued capital at a maximum purchase price ofEUR 100. The shares could be acquired for the following purposes: forsubsequent cancellation, on a basis to be determined by the shareholdersin Extraordinary Meeting; to fulfil the Bank’s obligations relative to theissue of shares or share equivalents, stock option plans, the award ofconsideration-free shares to employees, directors or corporate officers,and the allocation or sale of shares to employees in connection withthe employee profit-sharing scheme, employee share ownership plansor corporate savings plans; to be held in treasury stock for subsequentremittance in exchange or payment for external growth transactions;within the scope of a liquidity agreement; or for asset and financialmanagement purposes.This authorisation, which was given for a period of 18 months, wascancelled and replaced by the authorisation granted under the 5thresolution of the Shareholders’ General Meeting of 15 May 2007, whichauthorised the Board of Directors to buy back shares representing upto 10% of the Bank’s issued capital for the same purposes as under theprevious resolution, but at a maximum purchase price of EUR 105 pershare. This latter authorisation was granted for a period of eighteenmonths.In addition, a BNP Paribas subsidiary involved in market index tradingand arbitrage activities carries out, as part of these activities, short sellingof shares issued by BNP Paribas SA.At 31 December 2007, the Group held 8,972,652 BNP Paribas sharesrepresenting an amount of EUR 619 million, deducted from shareholders’equity in the balance sheet.5678910111802007 Registration document - BNP PARIBAS