Société Générale (Canada) Issues Asset Allocation Notes

Société Générale (Canada) issued four series of its principal protected asset allocation notes for aggregate gross proceeds of $70.5 million: (1) May 30, 2003, $33.5 million of series 1 notes; (2) June 27, $20 million of series 2 notes; August 15, $11 million of series 3 notes; and (4) September 30, $6 million series 4 notes. National Bank Financial Inc. acted as agent with respect to the distribution of the four series in Canada. The notes are guaranteed by Société Générale. The redemption amount of the notes at maturity is linked to a portfolio of assets including oil and gas, real estate, hedge, commodity, U.S. bond and equity and Canadian equity indexes and funds.

Société Générale (Canada) was represented in-house by Louise Paradis, managing director and scretary, and Diletta Prando, director, legal, and assistant secretary; assisted by Stikeman Elliott LLP with a team that included Marc Barbeau, Louis Morisset, Benoît Dubord and Frédéric Brassard (corporate and securities) and Derek Chiasson (tax). National Bank Financial was represented by Robert Girard and Frédéric Boucher of Fasken Martineau Dumoulin LLP.