Calyon Financial Adds Steve Auerbach

Calyon Financial Adds Steve Auerbach

May 15, 2006

Former SunGard Futures Systems President Named Global Head of Projects

    CHICAGO, May 15 /Xinhua-PRNewswire/ -- Calyon Financial
today announced the addition of Steve Auerbach as Global
Head of Projects.  In this new role, Mr. Auerbach will work
with Calyon Financial's worldwide electronic trading, front
office, IT and support teams to provide leadership and
direction on customer solutions offered by the company.

    Mr. Auerbach joins Calyon Financial after a successful
career as President of SunGard Futures Systems.

    "Steve's experience managing a leading technology
company, along with his tremendous knowledge of futures and
options operations and strategy, will be an asset to
us," said Richard Ferina, Calyon Financial's Chairman
and CEO.  "Steve's role will be to ensure we're
leaders in providing solutions that meet the expanding
needs of both our customers and employees." 

    Calyon Financial consistently ranks among the leading
brokers on the world's top exchanges in both trading volume
and customer assets on deposit.  The firm offers customers a
variety of customizable technology solutions that address
trading, processing and clearing needs.  Earlier this year,
Calyon Financial hired Leslie Sutphen as Head of E-Brokerage
Strategy/Implementation. Ms. Sutphen was previously
president of Financial Markets Consulting and directed
marketing of clearing and risk analysis systems for the
Institutional Financial Futures Department of Prudential
Securities.

    About Calyon Financial

    Calyon Financial ( http://www.calyonfinancial.com ) is
a leading global brokerage firm dedicated to providing
institutional clients efficient access to all major
markets. The firm ranks among the top futures commission
merchants in the world.  Headquartered in Chicago, Calyon
Financial has a presence in 13 major global financial
centers. Calyon Financial is a wholly owned subsidiary of
Calyon S.A. ( http://www.calyon.com ), the corporate
banking arm of Credit Agricole. Calyon is a major player in
financial markets and among Europe's leading corporate and
investment banks.  Credit Agricole and Calyon each hold AA
credit ratings.

    For more information, please contact:

     Barry Neumann, 
     Calyon Financial
     Tel:  [phone]

SOURCE  Calyon Financial