SOURCE: Natixis

July 17, 2007 11:50 ET

NATIXIS : Natixis announces a stock buy-back program for a maximum of 300 million euros

PARIS--(Marketwire - July 17, 2007) - In application of the resolution to authorize the repurchase of stock in the upcoming 18 months voted on at the May 24, 2007 General Shareholders' Meeting, Natixis announces its intention to launch a stock buy-back program, maximum of 300 million euros, to offset the dilutive effect of its stock-option plans and to set up a free stock attribution plan for employees* of Banque Populaire, Caisse d'Epargne and Natixis. The latter plan was approved at the May 24, 2007 General Shareholders' Meeting.

The stocks will be purchased on the market and financed using the available cash-flow at a maximum price of 30 euros per stock.

* Employees of Natixis and all companies directly or indirectly affiliated under the terms of article L. 225-197-2 of the Commercial Code, provided these companies meet the requirements of said article at least since November 17, 2006 and until the date of approval by the Executive Board to grant stocks as provided for in the Plan.

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