53 pagesInternational audienceWe continue our study of intermittency for the parabolic Anderson equation $\partial u/\partial t = \kappa\Delta u + \xi u$, where $u\colon \Z^d\times [0,\infty)\to\R$, $\kappa$ is the diffusion constant, $\Delta$ is the discrete Laplacian, and $\xi\colon \Z^d\times [0,\infty)\to\R$ is a space-time random medium. The solution of the equation describes the evolution of a ``reactant'' $u$ under the influence of a ``catalyst'' $\xi$. In this paper we focus on the case where $\xi$ is exclusion with a symmetric random walk transition kernel, starting from equilibrium with density $\rho\in (0,1)$. We consider the annealed Lyapunov exponents, i.e., the exponential growth rates of the successive moments of $u$. We show...