BNP Paribas Investment Services Opens Washington, D.C. Branch


NEW YORK, NY -- (MARKET WIRE) -- January 9, 2007 -- BNP Paribas is pleased to announce the opening of a Private Wealth Management branch in Washington, D.C. Charles Nelson, Senior Vice President, will manage the new office and will report to Seno Bril, chairman of BNP Paribas Investment Services which is headquartered in Miami and focuses on servicing non-US high-net worth individuals.

Charles joins BNP Paribas after a 26-year career as senior international executive in wealth management at Bank of America. He will be assisted by Nora Ipsen and Nicola O'Neil, both formerly of Bank of America.

Commenting of the branch opening, Seno Brill said, "With our growing success in the coverage, from Miami, of high-net worth clients mostly in Latin America, this new Washington, D.C. office will allow us to add service to a number of European clients who use the Nation's capital as their hub in the US. We'll look to Charles to help continue to build our client base there and provide specifically tailored products and services to address complex financial needs."

The office will formally open on Tuesday, January 16, 2007 and will be located at 1050 Connecticut Avenue NW, Suite 1000, Washington, D.C. 20036.

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, and ranks among the world's top 10 banks by market capitalization and total assets. It has more than 140,000 employees, 14,000 of whom are based in the United States. The group occupies leading positions in three significant fields of activity: Corporate and Investment Banking, Asset Management & Services and Retail Banking. It is present in 85 countries and has a strong presence in all the key financial centres. Present throughout Europe, in all its business lines, France and Italy are its two domestic markets in retail banking. BNP Paribas enjoys a significant and growing presence in the United States and leading positions in Asia and in emerging markets.

Contact Information: Press contacts : BNP Paribas Edwina Frawley Media Relations New York +212-841-3719 Kerrie McHugh Media Relations New York +212-841-3809 Michele Sicard Head of Corporate Communications +212-841-3070