Carrefour Case

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Exhibit 8Exhibit - 8MaturityNo of years from initial dateEURGBPCHFUSD1 year13.514%4.258%1.125%2.099%2 year23.816%4.622%1.713%2.767%3 year34.110%4.910%2.172%3.432%4 year44.342%5.088%2.498%3.922%5 year54.530%5.190%2.743%4.308%6 year64.688%5.249%2.948%4.619%7 year74.819%5.292%3.120%4.873%8 year84.928%5.331%3.267%5.081%9 year95.017%5.358%3.394%5.264%10 year105.087%5.374%3.499%5.413%

Forward Interest RatesForward Interest Rates1 Year Forward Risk Free rate by currency denomicationMaturityNo of years from initial dateEURGBPCHFUSD1 year13.514%4.258%1.125%2.099%2 year24.119%4.987%2.304%3.439%3 year34.701%5.488%3.096%4.775%4 year45.041%5.624%3.482%5.406%5 year55.285%5.599%3.729%5.866%6 year65.482%5.544%3.979%6.188%7 year75.608%5.550%4.158%6.410%8 year85.694%5.604%4.302%6.549%9 year95.732%5.574%4.416%6.740%10 year105.719%5.518%4.449%6.764%

Forward Exchnage Rates1 Year Forward Exchange Rates (Base Currency: Euro)MaturityEURGBPCHFUSD1 year1.0001.5930.6881.0202 year1.0001.5820.7041.0343 year1.0001.5670.7131.0334 year1.0001.5580.7211.0185 year1.0001.5580.7301.0066 year1.0001.5690.7410.9927 year1.0001.5870.7500.9808 year1.0001.5990.7580.9679 year1.0001.6040.7650.95610 year1.0001.6150.7700.937GBPCHFUSDEuro1.5930.6881.020

Cash FlowsEUR 750 million in Foreign CurrenciesCoupon Rate (10 years) for borrwoing in following CurrenciesCurrencyAmount (in millions)CurrencyCoupon RateEuro750Euro5.250%British Pounds470.810British Pounds5.375%Swiss Francs1,090.116Swiss Francs3.625%U.S. Dollars735.294U.S. Dollars5.500%Cash Flows Incurred (in millions) by borrowing in Euros (750 million Euros)Year 12345678910Total Cost Incurred In Euros

Payments in Euros39.3839.3839.3839.3839.3839.3839.3839.3839.38789.381,143.75Cash Flows Incurred (in millions) by borrowing in British Pounds (470.8 pounds)Year 12345678910Total Cost Incurred In Euros

Payments in Pounds25.3125.3125.3125.3125.3125.3125.3125.3125.31496.12

Payment In Euros40.3140.0239.6539.4239.4339.7240.1740.4740.59800.991,160.76Cash Flows Incurred (in millions) by borrowing in Swiss Francs (1,090.116 million)Year 12345678910Total Cost Incurred In Euros

Payments in Swiss Francs39.5239.5239.5239.5239.5239.5239.5239.5239.5239.52

Payment In Euros27.1927.8328.1628.4828.8629.2929.6329.9530.231,120.551,380.17Cash Flows Incurred (in millions) by borrowing in U.S. Dollars (735.294 million)Year 12345678910Total Cost Incurred In Euros

Payments in Dollars40.4440.4440.4440.4440.4440.4440.4440.4440.4440.44

Payment In Euros41.2541.8241.7941.1640.6840.1339.6339.1238.68773.171,137.44