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 (%)Klépierre (continued)SAS Holding Gondomar 3 France Full 100.00% 51.17%SAS Holding Gondomar 4 1 France Full 100.00% 51.17%SAS Issy Desmoulins 5 FranceSAS Kle Projet 1 1 France Full 100.00% 51.17%SAS Kle Projet 2 2 France Full 100.00% 51.17%SAS Klecapnor 2 France Full 100.00% 42.98%SAS KLE 1 France Full 100.00% 51.17%SAS Kleber Levallois 5 FranceSAS Klecar Participations Italie France Full 83.00% 42.47%SAS Klemurs France Full 84.00% 42.98%SAS Klé pierre Finance France Full 100.00% 51.17%SAS Klé pierre Participations et Financements(ex SAS Klé pierre Hongrie) France Full 100.00% 51.17%SAS Klé pierre Pologne Poland Full 100.00% 51.17%SAS Le Havre Capelet 5 FranceSAS Le Havre Tourneville 5 FranceSAS Leblanc Paris 15 5 FranceSAS LP7 France Full 100.00% 51.17%SAS Marseille Le Merlan 5 FranceSAS Melun Saint-Pères 5 FranceSAS Odysseum Place de France France Prop. 50.00% 25.58%SAS Opale 5 FranceSAS Poitiers Alienor France Full 100.00% 51.17%SAS Saint-André Pey berland 5 FranceSAS Soaval France Prop. 50.00% 25.58%SAS Socoseine 4 FranceSAS Strasbourg La Vigie 5 FranceSAS Suffren Paris 15 5 FranceSAS Tours Nationale 5 FranceSAS Vannes Coutume 2 France Full 100.00% 51.17%SC Centre Bourse France Full 100.00% 51.17%SC Solorec France Full 80.00% 40.93%SCI Achères 2000 1 France Equity 30.00% 15.35%SCI Aulnes Développement 1 France Full 50.00% 13.30%SCI Bassin Nord France Prop. 50.00% 25.58%SCI Beausevran France Full 100.00% 42.47%SCI Bègles Papin France Full 100.00% 51.17%SCI Besançon Chalezeule 1 France Full 76.00% 38.89%(*) 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 segment12345678910112042007 Registration document - BNP PARIBAS