CAE offers Visa payment cardholders exclusive opportunity to win one of three all expenses paid trips to the 2008 Olympic Games in Beijing

CAIRO, EGYPT 28th of May 2008 - Credit Agricole Egypt (CAE) has announced its 2008 Beijing Olympic Games promotion elaborated jointly with Visa. Three CAE Visa cardholders will be offered all expenses paid trip for two to attend the worldwide event in August. The exclusive CAE promotion will run from May 7th to June 21st. Customers who use any CAE Visa payment card for purchases or cash withdrawals are automatically entered into a draw for a chance to attend this summer's most awaited global sporting event.

Both current CAE Visa cardholders and new card members are eligible for this draw, when using any of their Classic, Gold, Platinum, AUC Affinity, pre-paid or VISA Electron cards during the promotion period.

"CAE is proud to collaborate with Visa to offer its cardholders this unique opportunity to win a once-in-a-lifetime opportunity to be part of the Beijing Olympic Games," said Mr. Henri Guillemin, CAE Managing Director. "We are the only bank in Egypt running this promotion with Visa to give our cardholders the extraordinary chance to make the most of their everyday card usage. This promotion is about rewarding our loyal customers and our newest cardholders with a fantastic opportunity to witness the world's premier sporting event firsthand."

Following the promotional period, three randomly selected winners will receive a comprehensive package for two to attend the Olympic Games in August. Winners will receive round trip airfare between Cairo and Beijing, 5-star hotel accommodation at the Westin Beijing Financial Street, scheduled meals, ground transportation, and a guided tour of the Great Wall of China.

-Ends-

About CAE:
CAE was established in September 2006 after the successful merger of Calyon Bank Egypt, the Egyptian affiliate of Crdit Agricole Group, and the Egyptian American Bank.

Credit Agricole SA is one of the top 10 financial institutions in the world by the capital base and is engaged in a wide range of financial activities from Corporate & Investment Banking, through CALYON (100% Subsidiary) to Retail Banking, Asset under Management and Insurance. Credit Agricole SA has operations in more than 70 countries across the world.

Through a committed team of experts, Crdit Agricole Egypt offers a wide range of products and services designed to meet the demands of Corporates, SMEs, Retail and Private Banking clients. In addition to its network of branches conveniently located all over the country, Crdit Agricole Egypt offers online banking services for easy access and convenient transactions (www.ca-egypt.com) in addition to its call center (19191) available 24 hours, 7 days a week.

For more information visit www.ca-egypt.com

Or contact:
Rasha Teima at TRACCS Egypt
Tel: (+202) 33046860
Fax: (+202) 33031219
Email: rasha@traccs.net

Press Release 2008