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 >Name (A) (B) (C) (D) Country MethodGroup votinginterest (%)Group ownershipinterest (%)Insurance (continued)Cardif Life Insurance Company Corporation 2 USA Full 100.00% 99.89%Cardif Mexico Seguros de Vida 12 Mexico Equity 100.00% 100.00%Cardif Mexico Seguros Generales SA 12 Mexico Equity 100.00% 100.00%Cardif Nederland Holding BV Netherlands Full 100.00% 100.00%Cardif Nordic 2 Sweden Equity 100.00% 100.00%Cardif Pinnacle Insurance Holding Limited(ex Pinnafrica Holding Limited) 12 8 South Africa Full 100.00% 100.00%Cardif RD France Full 100.00% 100.00%Cardif Retraite Assurance Vie 11 France Full 100.00% 100.00%Cardif Schadeverzekeringen NV Netherlands Full 100.00% 100.00%Cardivida Correduria de Seguros 12 Spain Equity 100.00% 100.00%Centro Vita Assicurazioni SPA Italy Prop. 49.00% 49.00%Compagnie Bancaire Uk Fonds C UK Full 100.00% 100.00%Compania de Seguros Generales Chile Full 100.00% 100.00%Compania de Seguros Vida SA 11 Chile Full 100.00% 100.00%Cybele RE 5 LuxembourgDarnell Limited Ireland Full 100.00% 100.00%European Reinsurance Limited 11 UK Equity 100.00% 100.00%Financial Telemarketing Services 11 UK Equity 100.00% 100.00%GIE BNP Paribas Assurance France Full 100.00% 99.00%Global Euro 2 France Full 100.00% 99.83%Investlife Luxembourg SA Luxembourg Full 100.00% 100.00%Natio Assurance France Prop. 50.00% 50.00%Natio Fonds Athènes Investissement 5 2 France Full 100.00% 100.00%Natio Fonds Collines Investissement 1 2 France Full 100.00% 100.00%Natio Fonds Collines Investissement 3 2 France Full 100.00% 100.00%Patrimoine Management & Associés 1 France Full 67.00% 67.00%Pinnacle Insurance Holding PLC UK Full 100.00% 100.00%Pinnacle Insurance Management Services PLC UK Full 100.00% 100.00%Pinnacle Insurance PLC UK Full 100.00% 100.00%Pinnafrica Insurance Company Limited 12 South Africa Equity 100.00% 100.00%Pinnafrica Insurance Life Limited 12 South Africa Equity 100.00% 100.00%Pojistovna Cardif Pro Vita 12 Czech Rep. Equity 100.00% 100.00%Pojistovna Cardif Slovakia A.S 11 Czech Rep. Equity 100.00% 100.00%SARL Carma Grand Horizon 2 France Full 100.00% 100.00%(*) French subsidiaries whose regulatory supervision falls within the scope of the consolidated Group, in accordance with article 4.1 of CRBF regulation 2000.03.(A) Movements for 6 months to 30 June 2006(B) Movements for 6 months to 31 December 20061. Acquisition2. Entity newly incorporated or passing qualifying threshold3. Disposal4. Deconsolidation5. Merger between consolidated entities6. Change of method – Proportionate method to full consolidation7. Change of method – Full consolidation to equity method(C) Movements for 6 months to 30 June 2007(D) Movements for 6 months to 31 December 20078. Change of method - Equity method to full consolidation9. Change of method - Full consolidation to proportionate method10. Change of method - Equity method to proportionate method11. Reconsolidation12. Entities consolidated using a simplified equity method (non-material)13. Business transfers due to the creation of Italian retail banking segment12345678910111902007 Registration document - BNP PARIBAS