Caisse Centrale Issues Notes

On June 2, 2003, Caisse centrale Desjardins du Québec completed an issuance of US$350 million floating rate deposit notes due in June 2006, pursuant to its US$5 billion euro medium term note programme. The joint lead managers were BNP Paribas and Citigroup Global Markets Inc. The other members of the syndicate included Deutsche Bank AG London, Dresdner Bank AG London Branch, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main and HSBC Bank plc.

Caisse centrale was represented by in-house counsel, and the managers were represented by Susan Mann of Ogilvy Renault in London.

Lawyer(s)

Susan E. Mann