La Défense, 15th  January 2018

Dexia Credit Local decided to issue on 15th January 2018 - EUR 2,000,000,000 - Fixed Rate Notes due January 2025 guaranteed by the States of Belgium, France and Luxembourg.

The Information Memorandum dated 29 June 2017 relating to the Guaranteed Euro Medium Term Notes Programme benefitting from an unconditional and irrevocable first demand guarantee by the States of Belgium, France and Luxembourg and the supplements to the Information Memorandum dated 28 July 2017, 4 September 2017 and 6 October 2017, approved by the Luxembourg Stock Exchange are available on the website of the Luxembourg Stock Exchange (www.bourse.lu), at the registered office of the issuer: Tour CBX La Défense 2 - 1, Passerelle des Reflets - TSA 92 202 - 92919 La Défense Cedex, France, and at the office of the Paying Agent.
The Pricing Supplement relating to the issue will be available on the website of the Luxembourg Stock Exchange (www.bourse.lu), at the office of the issuer: Tour CBX La Défense 2 - 1, Passerelle des Reflets - TSA 92 202 - 92919 La Défense Cedex, France, and at the office of the Paying Agent.

EMTN G 2018-01 Tranche 1



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Source: Dexia Crédit Local via Globenewswire