Second successfull bond issue for Banque PSA Finance in Argentina

PSA Finance Argentina Compania Financiera S.A. ("PSA Finance Argentina") (Aa2/NR/AA), which is 50/50 owned by Banque PSA Finance and BBVA Banco Francés, raised AR$ 70 millions (approximately €12
millions) :

• serie No.3 : AR$ 70 millions floating private BADLAR rate plus 3.8% margin Notes due August 2013 This transaction is the second issue done on the Argentinian bond market by PSA Finance Argentina (after the issue done in November 2010).

It contributes to the diversification of sources of financing of Banque PSA Finance.