Share Buyback Programs

Description of the program of share buyback subjected to the approval of the AGM (combined annual and extraordinary general meeting) of May 22, 2008 - 05/20/08

Description of the program of share buyback subjected to the approval of the AGM(Combined Annual and Extraordinary General Meeting) of May 24th, 2007 - 05/24/07

Description of the program of share buyback subjected to the approval of the AGM(Combined Annual and Extraordinay General Meeting) of November 17th, 2006 - 11/17/06

Description of the program of share buyback subjected to the approval of the AGM(Combined Anuual and Extraordinary General Meeting) of May 18th, 2006 - 05/18/06

Share buyback Programs Visa COB on April 20th, 2005 under n° 05-277 - 04/20/05