CORRECTING and REPLACING BNP Paribas Appoints Sebastian Galy to Its Foreign Exchange Strategy Team in New York

In headline and throughout release, name should read: Sebastian Galy (sted Sebastien Galy).

The corrected release reads:

BNP PARIBAS APPOINTS SEBASTIAN GALY TO ITS FOREIGN EXCHANGE STRATEGY TEAM IN NEW YORK

BNP Paribas is pleased to announce the appointment of Sebastian Galy to its FX Strategy team in New York. Sebastian will head the FX research function covering global currency markets. He will provide foreign exchange solutions for BNP Paribas corporate, real and leverage-account client base. He reports functionally to Hans-Guenter Redeker, global head of foreign exchange strategy and regionally to Christian Mundigo, head of fixed income trading for the Americas.

Sebastian joins BNP Paribas from Dresdner Kleinwort in London where he was senior currency strategist. Prior to that he was at UBS, where he was responsible for the global FX portfolio tactical asset allocation of its non-institutional base. Sebastian has also held positions at the Bank for International Settlements, in academia and as an analyst for the IMF in Cameroon for the CFA devaluation.

Commenting on the appointment, Hans-Guenter Redeker said, Sebastian comes to BNP Paribas with outstanding expertise on macro and quantitative analysis. Our clients will greatly benefit from his experience and knowledge of the forex market.

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader in global banking and financial services and is one of the 4 strongest banks in the world according to Standard & Poors. The group is present in over 85 countries, with more than 168,000 employees, including 129,500 in Europe. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the banks two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.

About Corporate and Investment Banking at BNP Paribas:

BNP Paribas Corporate and Investment banking division (CIB) has 16,000 employees, deployed in over 53 countries around the world. It operates in advisory and capital markets (Corporate Finance, Equities, Fixed Income) as well as in financing businesses (Energy, Commodities, Export and Project Finance and Structured Finance). CIB excels in three fundamental sectors in particular: Derivatives - it is one of the leading global players in rates, credit, forex, commodity and equity derivatives Capital markets - it is amongst the top ten Euro houses for both ECM and DCM (bond issues, securitization, convertibles and shares). Structured finance - it is amongst the world leaders for acquisition, export, project and commodity finance. For further information please visit our website at http://cib.bnpparibas.com/

Contacts:

BNP Paribas
Media Relations, New York:
Kerrie McHugh, +212-841-3809
or
Edwina Frawley-Gangahar, +212-841-3719

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