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Monday 20 September, 2004

Credit Agricole S.A.

SAR - (Jupiter Split Trust)

Credit Agricole S.A.
20 September 2004

                                                                      FORM SAR 3



Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.

A copy must also be sent to the company the shares of which are acquired.



Date of disclosure


20th September 2004



DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')



Date of acquisition


17th September 2004



Acquisition in (name of company)


JUPITER SPLIT TRUST (SEDOL 0478986)



1. Class of voting shares (eg ordinary shares)


INCOME



Number of shares/rights over shares acquired


   1,500,000      Shares          Rights



If rights over shares acquired, as opposed to the shares themselves, specify
nature of rights






2. Resultant total holding of voting shares (and % of total voting shares in
issue)


8,280,000            16.7 %



Resultant total holding of rights over shares (and % of total voting shares in
issue)


                      %



Total percentage


 16.7 %



3. Party making disclosure


Credit Agricole SA


4. (a) Name of person acquiring shares or rights over shares


Credit Lyonnais Securities



and, if different, beneficial owner






(b) Names of any other persons acting by agreement or understanding (see SAR 5)






Signed, for and on behalf of the party named in (3) above





Caroline Scott

020 7214 5250



Note.   Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.



For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section.  Tel. No: 020 7638 0129.

Email:monitoring@disclosure.org.uk




                      This information is provided by RNS
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