UBI Banca lancia un’Offerta di Acquisto sui titoli Tier 1 del Gruppo

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8 Febbraio 2012  Scritto da: Redazione


<p>&nbsp;<i style="line-height: 110%; text-align: justify; "><span style="font-size:10.0pt;line-height: 110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;letter-spacing: -.2pt;mso-font-width:105%">Bergamo, </span></i><span style="text-align: justify; font-size: 10pt; line-height: 110%; font-family: 'Book Antiqua', serif; letter-spacing: -0.3pt; ">7 febbraio</span><i style="line-height: 110%; text-align: justify; "><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.2pt;mso-font-width:105%"> 2012</span></i><span style="text-align: justify; font-size: 10pt; line-height: 110%; font-family: 'Book Antiqua', serif; letter-spacing: -0.2pt; "> &ndash; In data odierna Unione di Banche Italiane S.c.p.a. (l&rsquo;&rdquo;<b>Offerente</b>&rdquo;), ha lanciato </span><span style="text-align: justify; font-size: 10pt; line-height: 110%; font-family: 'Book Antiqua', serif; letter-spacing: -0.15pt; ">un&rsquo;offerta di acquisto (l&rsquo;&rdquo;<b>Offerta di Acquisto</b>&rdquo;) sull&rsquo;intero ammontare in circolazione degli strumenti di Tier 1 del Gruppo UBI Banca di seguito indicati (i &ldquo;<b>Titoli</b>&rdquo;).</span></p> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;border:none;mso-border-alt:solid windowtext .5pt; mso-padding-alt:0cm 5.75pt 0cm 5.75pt;mso-border-insideh:.5pt solid windowtext; mso-border-insidev:.5pt solid windowtext"> <tbody> <tr> <td width="18%" style="width:18.6%;border:solid windowtext 1.0pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="text-align:center"><b><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-ansi-language:IT">Emittente<o:p></o:p></span></b></p> </td> <td width="17%" style="width:17.66%;border:solid windowtext 1.0pt;border-left: none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span lang="EN-GB" style="font-size:8.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">ISIN<o:p></o:p></span></b></p> </td> <td width="13%" style="width:13.58%;border:solid windowtext 1.0pt;border-left: none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Valore nominale/ <i>liquidation preference<o:p></o:p></i></span></b></p> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">(in Euro)<o:p></o:p></span></b></p> </td> <td width="14%" style="width:14.8%;border:solid windowtext 1.0pt;border-left: none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Nominale in circolazione alla data odierna (<sup>1</sup>) <o:p></o:p></span></b></p> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">(in Euro)<o:p></o:p></span></b></p> </td> <td width="17%" style="width:17.36%;border:solid windowtext 1.0pt;border-left: none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Corrispettivo unitario<o:p></o:p></span></b></p> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">(in Euro)<o:p></o:p></span></b></p> </td> <td width="18%" style="width:18.0%;border:solid windowtext 1.0pt;border-left: none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Corrispettivo in % sul valore nominale/<i>liquidation preference</i><o:p></o:p></span></b></p> </td> </tr> <tr> <td width="18%" style="width:18.6%;border:solid windowtext 1.0pt;border-top: none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Lombarda Preferred Securities Trust<o:p></o:p></span></p> </td> <td width="17%" style="width:17.66%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">XS0108805564<o:p></o:p></span></p> </td> <td width="13%" style="width:13.58%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">1.000<o:p></o:p></span></p> </td> <td width="14%" style="width:14.8%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">124.636.000<o:p></o:p></span></p> </td> <td width="17%" style="width:17.36%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">800<o:p></o:p></span></p> </td> <td width="18%" style="width:18.0%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">80,00%<o:p></o:p></span></p> </td> </tr> <tr> <td width="18%" style="width:18.6%;border:solid windowtext 1.0pt;border-top: none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Popolare di Bergamo Capital Trust<o:p></o:p></span></p> </td> <td width="17%" style="width:17.66%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">XS0123998394<o:p></o:p></span></p> </td> <td width="13%" style="width:13.58%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">1.000<o:p></o:p></span></p> </td> <td width="14%" style="width:14.8%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">227.436.000<o:p></o:p></span></p> </td> <td width="17%" style="width:17.36%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">800<o:p></o:p></span></p> </td> <td width="18%" style="width:18.0%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">80,00%<o:p></o:p></span></p> </td> </tr> <tr style="mso-yfti-irow:3;mso-yfti-lastrow:yes;height:45.5pt"> <td width="18%" style="width:18.6%;border:solid windowtext 1.0pt;border-top: none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt;height:45.5pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Popolare Commercio e Industria Capital Trust<o:p></o:p></span></p> </td> <td width="17%" style="width:17.66%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:45.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">XS0131512450<o:p></o:p></span></p> </td> <td width="13%" style="width:13.58%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:45.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">1.000<o:p></o:p></span></p> </td> <td width="14%" style="width:14.8%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:45.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">101.388.000<o:p></o:p></span></p> </td> <td width="17%" style="width:17.36%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:45.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">800<o:p></o:p></span></p> </td> <td width="18%" style="width:18.0%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:45.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">80,00%<o:p></o:p></span></p> </td> </tr> </tbody> </table> <p class="MsoNormal" style="margin-top:9.0pt;margin-right:3.6pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;line-height:110%;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;letter-spacing:-.15pt; mso-font-width:105%">(<sup>1</sup>) Sono esclusi i Titoli di ciascuna serie detenuti dall&rsquo;Offerente alla data del 6 febbraio 2012.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-top:9.0pt;margin-right:3.6pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.15pt;mso-font-width:105%">Si segnala che future decisioni da parte di UBI, riguardo all&rsquo;esercizio della facolt&agrave; di rimborsare anticipatamente, alle rispettive date di rimborso anticipato, i Titoli di ciascuna delle serie sopra indicate che non dovessero essere conferiti alla presente Offerta di Acquisto, saranno adottate puramente in considerazione della convenienza economica e regolamentare per UBI.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-top:9.0pt;margin-right:3.6pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.15pt;mso-font-width:105%">L&rsquo;Offerta di Acquisto, gi&agrave; autorizzata dalla Banca d&rsquo;Italia, &egrave; promossa in Italia in regime di esenzione dall&rsquo;applicazione delle previsioni di legge e regolamentari in materia di offerte pubbliche di acquisto e scambio, ai sensi dell&rsquo;articolo 35-<i>bis</i>, comma 3, del Regolamento Emittenti. In Italia, quindi, potranno aderire all&rsquo;Offerta di Acquisto esclusivamente i portatori dei Titoli che siano investitori qualificati, ai sensi dell&rsquo;art. 34-<i>ter</i>, comma 1, lett. b) del suddetto regolamento (gli &ldquo;<b>Investitori Qualificati</b>&rdquo;).<o:p></o:p></span></p> <p class="MsoNormal" style="margin-top:9.0pt;margin-right:3.6pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.15pt;mso-font-width:105%">I portatori dei Titoli residenti o domiciliati in Italia, che non siano Investitori Qualificati potranno aderire all&rsquo;offerta pubblica di acquisto promossa da UBI sui medesimi titoli, ai sensi degli artt. 102 e seguenti del Testo Unico della Finanza (l&rsquo;&rdquo;<b>Offerta Italiana</b>&rdquo;).<o:p></o:p></span></p> <p class="MsoNormal" style="margin-top:9.0pt;margin-right:3.6pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.15pt;mso-font-width:105%">L&rsquo;Offerta Italiana &egrave; promossa alle medesime condizioni economiche della presente Offerta di Acquisto ma la sua esecuzione &egrave; subordinata alla preventiva autorizzazione della Consob. Per maggiori informazioni relative a tale offerta, si veda la comunicazione <i>ex </i>art. 102, comma primo, del Testo Unico della Finanza, allegata al presente comunicato stampa.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-top:9.0pt;margin-right:3.6pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><b><span style="font-size:10.0pt;line-height: 110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;letter-spacing: -.15pt;mso-font-width:105%">Gli Investitori Qualificati, residenti o domiciliati in Italia, non potranno partecipare all&rsquo;Offerta Italiana, ma esclusivamente alla presente Offerta di Acquisto.<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-top:9.0pt;margin-right:3.6pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.15pt;mso-font-width:105%">Le condizioni e i termini dell&rsquo;Offerta di Acquisto sono indicati, invece, nel relativo documento, datato 7 febbraio 2012 (il &ldquo;<b>Tender Offer Memorandum</b>&rdquo;). Copie di tale documento sono disponibili presso i Dealer Manager e il Tender Agent, i cui contatti sono riportati in calce al presente comunicato.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-top:9.0pt;margin-right:3.6pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.15pt;mso-font-width:105%">Si riportano di seguito alcune informazioni relative all&rsquo;Offerta di Acquisto.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma; letter-spacing:-.3pt;mso-font-width:110%">Corrispettivo e rateo interessi<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma">Ai portatori dei Titoli che avranno aderito all&rsquo;Offerta di Acquisto sar&agrave; riconosciuto, alla data di regolamento, un ammontare in denaro, pari al prodotto tra (a) il numero di Titoli offerti; e (b) il corrispettivo d&rsquo;acquisto (il &ldquo;<b>Corrispettivo di Acquisto</b>&rdquo;), come indicato per ciascuna serie di Titoli nella tabella sopra riportata. <o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma">Gli aderenti all&rsquo;Offerta di Acquisto riceveranno, inoltre, alla data di regolamento, un ammontare in denaro pari agli interessi maturati tra l&rsquo;ultima data di pagamento degli interessi della relativa serie di Titoli (inclusa) e la data di regolamento dell&rsquo;Offerta di Acquisto (esclusa).<o:p></o:p></span></p> <p class="MsoNormal" style="margin-top:9.0pt;margin-right:3.6pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><b><span style="font-size:10.0pt;line-height: 110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;letter-spacing: -.15pt;mso-font-width:105%">Modalit&agrave; di adesione e data di regolamento<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma">Al fine di conferire in adesione all&rsquo;Offerta di Acquisto i propri Titoli, i portatori dei Titoli devono conferire validamente in adesione all&rsquo;Offerta di Acquisto i Titoli, consegnando, o facendo in modo che venga consegnato per loro conto, un valido ordine di adesione (<i>tender instruction</i>) al <i>Tender Agent</i> entro il termine di adesione all&rsquo;Offerta di Acquisto, sotto indicata. <o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Gli ordini di adesione saranno irrevocabili, salvi i casi previsti nel Tender Offer Memorandum.<b><o:p></o:p></b></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma; letter-spacing:-.3pt;mso-font-width:110%">Calendario dell&rsquo;Offerta di Acquisto</span></b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"> <o:p></o:p></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;mso-yfti-tbllook:1184;mso-padding-alt: 0cm 5.4pt 0cm 5.4pt"> <tbody> <tr> <td width="58%" valign="top" style="width: 58.46%; border-top-style: none; border-right-style: none; border-left-style: none; border-width: initial; border-color: initial; border-bottom-style: solid; border-bottom-color: windowtext; border-bottom-width: 1pt; padding-top: 0cm; padding-right: 5.4pt; padding-bottom: 0cm; padding-left: 5.4pt; "> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><i><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Evento<o:p></o:p></span></i></p> </td> <td width="3%" valign="top" style="width: 3.64%; border-top-style: none; border-right-style: none; border-left-style: none; border-width: initial; border-color: initial; border-bottom-style: solid; border-bottom-color: windowtext; border-bottom-width: 1pt; padding-top: 0cm; padding-right: 5.4pt; padding-bottom: 0cm; padding-left: 5.4pt; "> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><i><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></i></p> </td> <td width="37%" valign="top" style="width: 37.9%; border-top-style: none; border-right-style: none; border-left-style: none; border-width: initial; border-color: initial; border-bottom-style: solid; border-bottom-color: windowtext; border-bottom-width: 1pt; padding-top: 0cm; padding-right: 5.4pt; padding-bottom: 0cm; padding-left: 5.4pt; "> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><i><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Data e ora<o:p></o:p></span></i></p> </td> </tr> <tr> <td width="58%" valign="top" style="width: 58.46%; border-top-style: none; border-right-style: none; border-bottom-style: none; border-left-style: none; border-width: initial; border-color: initial; padding-top: 0cm; padding-right: 5.4pt; padding-bottom: 0cm; padding-left: 5.4pt; "> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Annuncio e avvio dell&rsquo;Offerta di Acquisto<o:p></o:p></span></b></p> </td> <td width="3%" valign="top" style="width: 3.64%; border-top-style: none; border-right-style: none; border-bottom-style: none; border-left-style: none; border-width: initial; border-color: initial; padding-top: 0cm; padding-right: 5.4pt; padding-bottom: 0cm; padding-left: 5.4pt; "> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> <td width="37%" valign="top" style="width: 37.9%; border-top-style: none; border-right-style: none; border-bottom-style: none; border-left-style: none; border-width: initial; border-color: initial; padding-top: 0cm; padding-right: 5.4pt; padding-bottom: 0cm; padding-left: 5.4pt; "> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> </tr> <tr> <td width="58%" valign="top" style="width:58.46%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><i><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Offerta di Acquisto annunciata. Comunicazione dell&rsquo;Offerta di Acquisto depositata presso i sistemi di compensazione (</span></i><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">clearing system<i>) e pubblicata sul sito della Borsa di Lussemburgo e la Borsa di Londra. Tender Offer Memorandum disponibile presso i Dealer Manager e il Tender Agent.</i><o:p></o:p></span></p> </td> <td width="3%" valign="top" style="width:3.64%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> <td width="37%" valign="top" style="width:37.9%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%">7 febbraio 2012<o:p></o:p></span></p> </td> </tr> <tr> <td width="58%" valign="top" style="width:58.46%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Termine dell&rsquo;Offerta di Acquisto<o:p></o:p></span></b></p> </td> <td width="3%" valign="top" style="width:3.64%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> <td width="37%" valign="top" style="width:37.9%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> </tr> <tr> <td width="58%" valign="top" style="width:58.46%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><i><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Termine Finale per la ricezione di validi ordini di adesione da parte del Tender Agent al fine di permettere ai portatori di partecipare all&rsquo;Offerta di Acquisto</span></i><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p></o:p></span></p> </td> <td width="3%" valign="top" style="width:3.64%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> <td width="37%" valign="top" style="width:37.9%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Ore 17:00 (ora italiana) del 16 febbraio 2012<o:p></o:p></span></p> </td> </tr> <tr> <td width="58%" valign="top" style="width:58.46%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><i><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></i></p> </td> <td width="3%" valign="top" style="width:3.64%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> <td width="37%" valign="top" style="width:37.9%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> </tr> <tr> <td width="58%" valign="top" style="width:58.46%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;line-height:110%;page-break-after: avoid"><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Il termine del periodo di Offerta di Acquisto &egrave; subordinato al diritto di UBI di estendere, riaprire, modificare e /o terminare l&rsquo;Offerta di Acquisto.<o:p></o:p></span></b></p> </td> <td width="3%" valign="top" style="width:3.64%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%;page-break-after:avoid"><span style="font-size:10.0pt;line-height:110%; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;letter-spacing: -.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> <td width="37%" valign="top" style="width:37.9%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%;page-break-after:avoid"><span style="font-size:10.0pt;line-height:110%; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;letter-spacing: -.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> </tr> <tr> <td width="58%" valign="top" style="width:58.46%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Annuncio dei Risultati dell&rsquo;Offerta di Acquisto<o:p></o:p></span></b></p> </td> <td width="3%" valign="top" style="width:3.64%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> <td width="37%" valign="top" style="width:37.9%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><i><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></i></p> </td> </tr> <tr style="mso-yfti-irow:8;height:87.7pt"> <td width="58%" valign="top" style="width:58.46%;padding:0cm 5.4pt 0cm 5.4pt; height:87.7pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><i><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Comunicazione da parte dell&rsquo;Offerente del valore nominale totale dei Titoli offerti accettato dall&rsquo;Offerente per l&rsquo;acquisto. <o:p></o:p></span></i></p> </td> <td width="3%" valign="top" style="width:3.64%;padding:0cm 5.4pt 0cm 5.4pt; height:87.7pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> <td width="37%" valign="top" style="width:37.9%;padding:0cm 5.4pt 0cm 5.4pt; height:87.7pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%">17 febbraio 2012<o:p></o:p></span></p> </td> </tr> <tr> <td width="58%" valign="top" style="width:58.46%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;letter-spacing:-.3pt;mso-font-width:110%">Data di regolamento <o:p></o:p></span></b></p> </td> <td width="3%" valign="top" style="width:3.64%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> </td> <td width="37%" valign="top" style="width:37.9%;padding:0cm 5.4pt 0cm 5.4pt"> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%">22 febbraio 2012<o:p></o:p></span></p> </td> </tr> </tbody> </table> <p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt; margin-left:102.05pt;text-align:justify;line-height:110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma">Le date e le ore di cui sopra sono indicative. L&rsquo;emittente ha la facolt&agrave; di estendere, riaprire, modificare e/o terminare l&rsquo;Offerta di Acquisto (ai sensi della legge applicabile e conformemente a quanto previsto nel Tender Offer Memorandum).<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma">Si consiglia ai portatori di accertare se la banca o il differente intermediario presso i quali essi detengono i Titoli necessitino di ricevere ordini da parte del portatore in anticipo rispetto al termine sopra indicato, al fine di mettere in grado il portatore di partecipare (ovvero revocare gli ordini di scambio, ove consentito) alla Offerta di Acquisto.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma">Se non &egrave; disposto altrimenti, le comunicazioni relative all&rsquo;Offerta di Acquisto saranno effettuate, tramite (a) per i Titoli quotati presso la Borsa di Lussemburgo, la pubblicazione sul sito internet della Borsa di Lussemburgo; (b) per i Titoli quotati presso la Borsa di Londra, la pubblicazione sul sito internet della Borsa di Londra, (c) la consegna di avvisi al sistema di compensazione (<i>clearing system</i>) per la comunicazione ai partecipanti diretti (<i>direct participants</i>) e (d) l&rsquo;invio di un comunicato stampa ad almeno un&rsquo;agenzia di stampa.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma">Le suddette comunicazioni potranno essere reperite anche sulla relativa schermata interna (<i>Insider Screen</i>) di Reuters International.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma">I portatori dei Titoli sono invitati a leggere attentamente il Tender Offer Memorandum per tutti i dettagli e le informazioni sulle procedure per partecipare all&rsquo;Offerta di Acquisto.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma">Citigroup Global Markets Limited, HSBC Bank plc e Natixis operano come Dealer Managers nell&rsquo;Offerta di Acquisto.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span lang="EN-US" style="font-size:10.0pt;line-height:110%;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US">Citibank N.A opera come <i>Tender Agent</i>.<o:p></o:p></span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="645" style="width:484.0pt;margin-left:5.4pt;border-collapse:collapse;mso-yfti-tbllook: 160;mso-padding-alt:0cm 5.4pt 0cm 5.4pt"> <tbody> <tr> <td width="645" valign="top" style="width:484.0pt;padding:0cm 5.4pt 0cm 5.4pt"> <p class="Docnor" align="center" style="text-align:center;page-break-after:avoid"><b>DEALER MANAGERS<o:p></o:p></b></p> <p class="Docnor" align="center" style="text-align:center;page-break-after:avoid"><b><o:p>&nbsp;</o:p></b></p> </td> </tr> <tr> <td width="645" valign="top" style="width:484.0pt;padding:0cm 5.4pt 0cm 5.4pt"> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-yfti-tbllook:1184;mso-padding-alt:0cm 5.4pt 0cm 5.4pt"> <tbody> <tr> <td width="315" valign="top" style="width:235.95pt;padding:0cm 5.4pt 0cm 5.4pt"> <p class="AONormal" align="center" style="text-align:center;page-break-after: avoid"><b><span lang="EN-US" style="font-size:10.0pt;mso-ansi-language:EN-US">Citigroup Global Markets Limited</span></b><span lang="EN-US" style="font-size:10.0pt;mso-bidi-font-size: 11.0pt;mso-ansi-language:EN-US"><br /> </span><span lang="EN-GB" style="font-size:10.0pt">Citigroup Centre</span><span lang="EN-US" style="font-size:10.0pt;mso-ansi-language:EN-US"><br /> Canada Square, Canary Wharf<br /> London E14 5LB, United Kingdom<b><o:p></o:p></b></span></p> <p class="Docnor" align="center" style="text-align:center;page-break-after: avoid"><span lang="EN-GB">Attenzione: Liability Management Group</span></p> <p class="Docnor" align="center" style="text-align:center;page-break-after: avoid"><span lang="EN-GB">Tel: +44 207 986 8969</span></p> <p class="Docnor" align="center" style="text-align:center;page-break-after: avoid"><span lang="EN-GB">Email: <i>liabilitymanagement.europe@citi.com</i></span></p> <p class="AONormal" align="center" style="text-align:center;page-break-after: avoid"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p> </td> <td width="316" valign="top" style="width:237.25pt;padding:0cm 5.4pt 0cm 5.4pt"> <p class="AONormal" align="center" style="text-align:center;page-break-after: avoid"><b><span lang="EN-GB" style="font-size:10.0pt;mso-bidi-font-size:11.0pt">HSBC Bank plc<br /> </span></b><span lang="EN-GB" style="font-size:10.0pt;mso-bidi-font-size: 11.0pt">8 Canada Square, Canary Wharf<br /> London E14 5HQ, United Kingdom<o:p></o:p></span></p> <p class="AONormal" align="center" style="text-align:center;page-break-after: avoid"><span lang="EN-GB" style="font-size:10.0pt;mso-bidi-font-size:11.0pt">Attenzione: Liability Management Group<br /> Tel.: +44 20 7991 5774<br /> Email: <i>liability.management@hsbcib.com<o:p></o:p></i></span></p> <p class="AONormal" align="center" style="text-align:center;page-break-after: avoid"><i><span lang="EN-GB" style="font-size:10.0pt;mso-bidi-font-size:11.0pt"><o:p>&nbsp;</o:p></span></i></p> <p class="AONormal" align="center" style="text-align:center;page-break-after: avoid"><i><span lang="EN-GB" style="font-size:10.0pt;mso-bidi-font-size:11.0pt"><o:p>&nbsp;</o:p></span></i></p> <p class="AONormal" style="page-break-after:avoid"><span lang="EN-US"><o:p>&nbsp;</o:p></span></p> </td> </tr> <tr> <td width="631" colspan="2" valign="top" style="width:473.2pt;padding:0cm 5.4pt 0cm 5.4pt"> <p class="AONormal" align="center" style="text-align:center"><b><span lang="EN-US" style="font-size:10.0pt; mso-ansi-language:EN-US">Natixis SA</span></b><span lang="EN-US" style="font-size:10.0pt;mso-bidi-font-size:11.0pt;mso-ansi-language:EN-US"><br /> </span><span lang="EN-US" style="font-size:10.0pt;mso-ansi-language:EN-US">47, quai d&rsquo;Austerlitz <br /> Paris 75013, France<b><o:p></o:p></b></span></p> <p class="Docnor" align="center" style="text-align:center"><span lang="EN-GB">Attenzione: Liability Management Group</span></p> <p class="Docnor" align="center" style="text-align:center"><span lang="EN-GB">Tel: +33 158 558075</span></p> <p class="Docnor" align="center" style="text-align:center;page-break-after: avoid"><span lang="EN-GB">Email: <i>liability.management@natixis.com</i></span></p> <p class="AONormal" align="center" style="text-align:center;page-break-after: avoid"><b><span lang="EN-GB" style="font-size:10.0pt;mso-bidi-font-size:11.0pt"><o:p>&nbsp;</o:p></span></b></p> </td> </tr> </tbody> </table> <p class="Docnor" align="center" style="text-align:center;page-break-after:avoid"><span lang="EN-US"><o:p></o:p></span></p> </td> </tr> <tr> <td width="645" valign="top" style="width:484.0pt;padding:0cm 5.4pt 0cm 5.4pt"> <p class="Docnor" align="center" style="text-align:center"><b><span lang="EN-GB">TENDER AGENT<o:p></o:p></span></b></p> <p class="Docnor" align="center" style="text-align:center"><span lang="FR"><o:p>&nbsp;</o:p></span></p> </td> </tr> <tr> <td width="645" valign="top" style="width:484.0pt;padding:0cm 5.4pt 0cm 5.4pt"> <p class="Docnor" align="center" style="text-align:center"><b><span lang="FR">Citibank N.A.</span></b><span lang="FR"> <br /> Citigroup Centre<br /> Canada Square, Canary Wharf<br /> London E14 5LB, United Kingdom<o:p></o:p></span></p> <p class="Docnor" align="center" style="text-align:center"><span lang="FR">Attention: Exchange Team<o:p></o:p></span></p> <p class="Docnor" align="center" style="text-align:center"><span lang="FR">Tel: +44 (0) 20 7508 3867<o:p></o:p></span></p> <p class="Docnor" align="center" style="text-align:center"><span lang="FR">Email: <i>exchange.gats@citi.com</i><o:p></o:p></span></p> <p class="Docnor" align="center" style="text-align:center"><span lang="FR"><o:p>&nbsp;</o:p></span></p> <p class="Docnor" align="center" style="text-align:center"><span lang="FR"><o:p>&nbsp;</o:p></span></p> </td> </tr> </tbody> </table> <p class="MsoNormal" style="margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt; margin-left:102.05pt;text-align:justify;line-height:110%"><span lang="FR" style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;letter-spacing:-.3pt;mso-font-width:110%; mso-ansi-language:FR"><o:p>&nbsp;</o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><b><span lang="FR" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:FR">DISCLAIMER </span></b><span lang="FR" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;mso-ansi-language:FR;mso-bidi-font-weight:bold">Questo comunicato deve essere letto congiuntamente al Tender Offer Memorandum. Quest</span><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;mso-bidi-font-weight:bold">o comunicato e il Tender Offer Memorandum contengono importanti informazioni che dovrebbero essere lette attentamente prima di assumere qualsiasi decisione in merito all&rsquo;Offerta di Acquisto. L&rsquo;investitore che abbia qualche dubbio in merito al contenuto del presente comunicato o del Tender Offer Memorandum o in relazione alle decisioni da assumere, &egrave; invitato a consultare il proprio <i>advisor </i>finanziario o legale. Ciascuna persona fisica o giuridica i cui Titoli siano depositati presso un intermediario finanziario, una banca, un custode, un trust o un qualsiasi altro soggetto terzo deve contattare tale soggetto se intende apportare in adesione all&rsquo;Offerta di Acquisto i propri Titoli. N&eacute; i Dealer Manager, n&eacute; il Tender Agent, n&eacute; UBI hanno espresso alcuna raccomandazione in merito all&rsquo;opportunit&agrave; che i portatori dei Titoli aderiscano all&rsquo;Offerta di Acquisto.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><font face="'Book Antiqua', serif"><br /> <span style="font-size: 11px;"><br /> </span></font><b><span lang="EN-US" style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US">OFFER AND DISTRIBUTION RESTRICTIONS<o:p></o:p></span></b></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold">Neither this announcement nor the Tender Offer Memorandum constitute an offer to buy or a solicitation of an offer to sell Securities in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer or solicitation under applicable securities laws or otherwise. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions (in particular, the United States, Italy, the United Kingdom, France and Belgium) may be restricted by law. Persons into whose possession the Tender Offer Memorandum comes are required by each of Dealer Managers, the Issuer and the Tender Agent to inform themselves about, and to observe, any such restrictions.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US"><o:p>&nbsp;</o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><b><span lang="EN-US" style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US">United States<o:p></o:p></span></b></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold">The Tender Offer is not being made, and will not be made, directly or indirectly in or into, or by use of the mail of, or by any means or instrumentality of interstate or foreign commerce of, or of any facilities of a national securities exchange of, the United States or to, for the account or benefit of, U.S. persons. This includes, but is not limited to, facsimile transmission, electronic mail, telex, telephone, the internet and other forms of electronic communication. Accordingly, copies of this announcement and the Tender Offer Memorandum and any other documents or materials relating to the Tender Offer are not being, and must not be, directly or indirectly mailed or otherwise transmitted, distributed or forwarded (including, without limitation, by custodians, nominees or trustees) in or into the United States or to U.S. persons, and the Securities cannot be offered for purchase in the Tender Offer by any such use, means, instrumentality or facilities or from within the United States or by U.S. persons. Any purported offer of Securities for purchase resulting directly or indirectly from a violation of these restrictions will be invalid, and any purported offer of Securities for purchase made by a U.S. person, a person located in the United States or any agent, fiduciary or other intermediary acting on a non-discretionary basis for a principal giving instructions from within the United States or for a U.S. person will be invalid and will not be accepted.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold">Neither this announcement nor the Tender Offer Memorandum is an offer of securities for sale in the United States or to U.S. persons.&nbsp; Securities may not be offered or sold in the United States absent registration under, or an exemption from the registration requirements of, the Securities Act. The purpose of this announcement and the Tender Offer Memorandum is limited to the Tender Offer and this announcement and the Tender Offer Memorandum may not be sent or given to a person in the United States or otherwise to any person other than in an offshore transaction in accordance with Regulation S under the Securities Act.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold">Each Holder participating in the Tender Offer will represent that it is not located in the United States and is not participating in the Tender Offer from the United States, that it is participating in the Tender Offer in accordance with Regulation S under the Securities Act and that it is not a U.S. person or it is acting on a non-discretionary basis for a principal located outside the United States that is not giving an order to participate in the Tender Offer from the United States and is not a U.S. person.&nbsp; <o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><font face="'Book Antiqua', serif"><span style="font-size: 11px;"><br /> </span></font><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold">For the purposes of the above three paragraphs, United States means United States of America, its territories and possessions, any state of the United States of America and the District of Columbia and &ldquo;US person&rdquo; has the meaning given to such term in Regulation S under the Securities Act. <o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><font face="'Book Antiqua', serif"><span style="font-size: 11px;"><br /> </span></font><b><span lang="EN-US" style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US">Italy<o:p></o:p></span></b></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold">None of the Tender Offer, this announcement nor the Tender Offer Memorandum or any other documents or materials relating to the Tender Offer have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Societ&agrave; e la Borsa (<b>CONSOB</b>).<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold">In Italy, the Tender Offer on each Series of Securities is being carried out as exempted offers pursuant to, in the case of the invitation to holders of Securities to tender their Securities, article 35-bis paragraph 3 of CONSOB Regulation 11971 of 14 May 1999, as amended. <o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><font face="'Book Antiqua', serif"><span style="font-size: 11px;"><br /> </span></font><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold">A Holder resident or otherwise located in Italy can participate in the Tender Offer only if it is a &ldquo;qualified investor&rdquo; within the meaning of article 35-bis, paragraph 3 and as defined in article 34-ter, letter b) of CONSOB Regulation 11971 of 14 May 1999, as amended. Accordingly, Holders of Securities who is resident or otherwise located in Italy that do not qualify as such may not participate in the Tender Offer.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><font face="'Book Antiqua', serif"><span style="font-size: 11px;"><br /> </span></font><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold">Holders or beneficial owners of the Securities can tender the Securities through authorised persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in the Republic of Italy in accordance with the Financial Services Act, CONSOB Regulation No. 16190 of 29 October 2007, as amended from time to time, and Legislative Decree No. 385 of September 1, 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US;mso-bidi-font-weight:bold"><o:p>&nbsp;</o:p></span><b><span lang="EN-GB" style="font-size:8.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">France<o:p></o:p></span></b></p> <p class="Doctext"><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-ansi-language:EN-US">The Tender Offer is not being made, directly or indirectly, to the public in the Republic of France (<b>France</b>).&nbsp; Neither this Tender Offer Memorandum nor any other document or material relating to the Tender Offer has been or shall be distributed to the public in France and only (a) providers of investment services relating to portfolio management for the account of third parties (<i>personnes fournissant le service d'investissement de gestion de portefeuille pour compte de tiers</i>) and/or (b) qualified investors (<i>investisseurs qualifi&eacute;s</i>) other than individuals, in each case acting on their own account and all as defined in, and in accordance with, Articles L.411-1, L.411-2 and D.411-1 to D.411-3 of the French <i>Code Mon&eacute;taire et Financier</i> are eligible to participate in the Tender Offer.&nbsp; This Tender Offer Memorandum has not been and will not be submitted for clearance to nor approved by the <i>Autorit&eacute; des March&eacute;s Financiers</i>.<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-layout-grid-align:none; text-autospace:none"><b><span lang="EN-US" style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US">Other<o:p></o:p></span></b></p> <p class="AODocTxt" style="margin-top: 3pt; margin-right: 0cm; margin-left: 0cm; margin-bottom: 0.0001pt; text-align: justify; text-indent: 0cm; "><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-bidi-font-family:Tahoma;mso-ansi-language:EN-US">The Tender Offer is not being made, and will not be made, directly or indirectly, in to the public in the United Kingdom, Belgium or France. In the United Kingdom or Belgium, only the following persons may participate in the Tender Offer and receive this announcement and the Tender Offer Memorandum (as more fully set out in the Tender Offer Memorandum):<o:p></o:p></span></p> <p class="AODocTxt" style="margin-top: 3pt; margin-right: 0cm; margin-left: 0cm; margin-bottom: 0.0001pt; text-align: justify; text-indent: 0cm; "><b><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;mso-ansi-language:EN-US">United Kingdom</span></b><span lang="EN-US" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-family: Tahoma;mso-ansi-language:EN-US"> (investment professionals and persons within Article 43 or otherwise permitted by the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005) / <b>Belgium</b> (qualified investors).<o:p></o:p></span></p> <p><span lang="EN-US" style="font-size:12.0pt;mso-bidi-font-size:10.0pt;line-height: 110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-fareast-font-family:Times; mso-bidi-font-family:&quot;Times New Roman&quot;;mso-ansi-language:EN-US;mso-fareast-language: IT;mso-bidi-language:AR-SA"><br clear="all" style="page-break-before:always" /> </span></p> <p class="MsoNormal" style="margin-top:0cm;margin-right:10.8pt;margin-bottom: 12.0pt;margin-left:0cm;text-align:justify;line-height:110%"><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.4pt;mso-font-width:105%">COMUNICAZIONE AI SENSI DELL'ARTICOLO 102 DEL DECRETO LEGISLATIVO N. <st1:citation citation="58 delaware 24" w:st="on">58 <span style="letter-spacing:-.3pt">DEL 24</span></st1:citation><span style="letter-spacing:-.3pt"> FEBBRAIO 1998<o:p></o:p></span></span></b></p> <p class="MsoNormal" style="margin-top:0cm;margin-right:.55pt;margin-bottom:12.0pt; margin-left:0cm;text-align:justify;line-height:110%"><span style="font-size: 10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-bidi-font-weight: bold">Unione di Banche Italiane S.c.p.a.</span><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.15pt; mso-font-width:110%"> (&quot;<b>UBI</b>&quot; o l'&quot;</span><b><span style="font-size:10.0pt;line-height:110%;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.15pt;mso-font-width:105%">Offerente</span></b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.15pt;mso-font-width:110%">&quot;) comunica, ai sensi e per gli effetti di cui </span><span style="font-size:10.0pt;line-height:110%; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.4pt;mso-font-width:110%">all&rsquo;articolo 102 del Decreto Legislativo n. <st1:citation citation="58 delaware 24" w:st="on">58 del 24</st1:citation> febbraio 1998, come successivamente modificato ed </span><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.05pt;mso-font-width:110%">integrato (il &quot;</span><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.05pt;mso-font-width:105%">Testo Unico</span></b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.05pt;mso-font-width:110%">&quot; o &quot;</span><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.05pt;mso-font-width:105%">TUF</span></b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.05pt;mso-font-width:110%">&quot;), l'intenzione di promuovere un&rsquo;offerta pubblica di acquisto volontaria </span><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.3pt; mso-font-width:110%">(l'&quot;</span><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.3pt; mso-font-width:105%">Offerta</span></b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.3pt; mso-font-width:110%">&quot;) sull&rsquo;intero ammontare in circolazione degli strumenti di <i>Tier 1</i> del Gruppo UBI Banca di seguito indicati (i &ldquo;<b>Titoli</b>&rdquo;).<o:p></o:p></span></p> <div align="center"> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;border:none;mso-border-alt:solid black .5pt; mso-yfti-tbllook:1184;mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-border-insideh: .5pt solid black;mso-border-insidev:.5pt solid black"> <tbody> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:25.5pt"> <td width="28%" style="width:28.04%;border:solid black 1.0pt;mso-border-alt: solid black .5pt;padding:0cm 5.4pt 0cm 5.4pt;height:25.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Emittente<o:p></o:p></span></b></p> </td> <td width="15%" style="width:15.96%;border:solid black 1.0pt;border-left: none;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:25.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">ISIN<o:p></o:p></span></b></p> </td> <td width="14%" valign="top" style="width:14.34%;border:solid black 1.0pt; border-left:none;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:25.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Ammontare alla data di emissione<o:p></o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;"><o:p>&nbsp;</o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;"><o:p>&nbsp;</o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;"><o:p>&nbsp;</o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">(in Euro)<o:p></o:p></span></p> </td> <td width="14%" style="width:14.46%;border:solid black 1.0pt;border-left: none;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:25.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Ammontare totale in termini di valore nominale dei Titoli in circolazione*<o:p></o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">(in Euro)<o:p></o:p></span></b></p> </td> <td width="13%" valign="top" style="width:13.38%;border:solid black 1.0pt; border-left:none;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:25.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Data di Emissione<o:p></o:p></span></b></p> </td> <td width="13%" valign="top" style="width:13.82%;border:solid black 1.0pt; border-left:none;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:25.5pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><b><span style="font-size:9.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Cedola <o:p></o:p></span></b></p> </td> </tr> <tr style="mso-yfti-irow:1;height:23.0pt"> <td width="28%" style="width:28.04%;border:solid black 1.0pt;border-top:none; mso-border-top-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Lombarda Preferred Securities Trust<o:p></o:p></span></p> </td> <td width="15%" style="width:15.96%;border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;mso-border-top-alt: solid black .5pt;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">XS0108805564<o:p></o:p></span></p> </td> <td width="14%" style="width:14.34%;border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;mso-border-top-alt: solid black .5pt;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">155.000.000<o:p></o:p></span></p> </td> <td width="14%" style="width:14.46%;border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;mso-border-top-alt: solid black .5pt;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">124.636.000<o:p></o:p></span></p> </td> <td width="13%" valign="top" style="width:13.38%;border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; mso-border-top-alt:solid black .5pt;mso-border-left-alt:solid black .5pt; mso-border-alt:solid black .5pt;padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">10 marzo 2000<o:p></o:p></span></p> </td> <td width="13%" valign="top" style="width:13.82%;border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; mso-border-top-alt:solid black .5pt;mso-border-left-alt:solid black .5pt; mso-border-alt:solid black .5pt;padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">3M Euribor + 594 bps<o:p></o:p></span></p> </td> </tr> <tr style="mso-yfti-irow:2;height:23.0pt"> <td width="28%" style="width:28.04%;border:solid black 1.0pt;border-top:none; mso-border-top-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Popolare di Bergamo Capital Trust<o:p></o:p></span></p> </td> <td width="15%" style="width:15.96%;border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;mso-border-top-alt: solid black .5pt;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">XS0123998394<o:p></o:p></span></p> </td> <td width="14%" style="width:14.34%;border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;mso-border-top-alt: solid black .5pt;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">300.000.000<o:p></o:p></span></p> </td> <td width="14%" style="width:14.46%;border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;mso-border-top-alt: solid black .5pt;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">227.436.000<o:p></o:p></span></p> </td> <td width="13%" valign="top" style="width:13.38%;border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; mso-border-top-alt:solid black .5pt;mso-border-left-alt:solid black .5pt; mso-border-alt:solid black .5pt;padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">15 febbraio 2001<o:p></o:p></span></p> </td> <td width="13%" valign="top" style="width:13.82%;border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; mso-border-top-alt:solid black .5pt;mso-border-left-alt:solid black .5pt; mso-border-alt:solid black .5pt;padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">3M Euribor + 594 bps<o:p></o:p></span></p> </td> </tr> <tr style="mso-yfti-irow:3;mso-yfti-lastrow:yes;height:23.0pt"> <td width="28%" style="width:28.04%;border:solid black 1.0pt;border-top:none; mso-border-top-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Popolare Commercio e Industria Capital Trust<o:p></o:p></span></p> </td> <td width="15%" style="width:15.96%;border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;mso-border-top-alt: solid black .5pt;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">XS0131512450<o:p></o:p></span></p> </td> <td width="14%" style="width:14.34%;border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;mso-border-top-alt: solid black .5pt;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">115.000.000<o:p></o:p></span></p> </td> <td width="14%" style="width:14.46%;border-top:none;border-left:none; border-bottom:solid black 1.0pt;border-right:solid black 1.0pt;mso-border-top-alt: solid black .5pt;mso-border-left-alt:solid black .5pt;mso-border-alt:solid black .5pt; padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">101.388.000<o:p></o:p></span></p> </td> <td width="13%" valign="top" style="width:13.38%;border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; mso-border-top-alt:solid black .5pt;mso-border-left-alt:solid black .5pt; mso-border-alt:solid black .5pt;padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">27 giugno 2001<o:p></o:p></span></p> </td> <td width="13%" valign="top" style="width:13.82%;border-top:none;border-left: none;border-bottom:solid black 1.0pt;border-right:solid black 1.0pt; mso-border-top-alt:solid black .5pt;mso-border-left-alt:solid black .5pt; mso-border-alt:solid black .5pt;padding:0cm 5.4pt 0cm 5.4pt;height:23.0pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">3M Euribor + 594 bps<o:p></o:p></span></p> </td> </tr> </tbody> </table> </div> <p class="MsoNormal" style="margin-top:0cm;margin-right:.55pt;margin-bottom:12.0pt; margin-left:0cm;text-align:justify;line-height:110%"><span style="font-size: 8.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">* Per Titoli in circolazione si intendono i Titoli non detenuti dall&rsquo;Offerente alla data del 7 febbraio 2012.</span><span style="font-size:8.0pt;mso-bidi-font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;"><o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.2pt;mso-font-width:105%;mso-bidi-font-weight:bold">I Titoli sono strumenti perpetui emessi ai sensi della legge dello Stato del Delaware (Stati Uniti d&rsquo;America). In sede di emissione (10 marzo 2000 per i Titoli emessi da Banca Lombarda Preferred Securities Trust, 15 febbraio 2001 per i Titoli emessi da Banca Popolare di Bergamo Capital Trust e 27 giugno 2001 per i Titoli emessi da Banca Popolare Commercio e Industria Capital Trust) i Titoli sono stati offerti sulla base di offering circular, datati rispettivamente 3 marzo 2000, 9 febbraio 2001 e 15 giugno 2001. Tali <i>offering circular</i>, contenenti la descrizione dei Titoli (<i>Description of the Trust Securities</i>) sono disponibili sul sito www.ubibanca.it.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.2pt;mso-font-width:105%">Offerta Internazionale<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.2pt;mso-font-width:105%;mso-bidi-font-weight:bold">In data odierna UBI Banca ha, altres&igrave;, promosso sui medesimi Titoli, alle stesse condizioni economiche della presente Offerta, un&rsquo;offerta internazionale rivolta esclusivamente ad investitori esteri e ad investitori qualificati italiani, come definiti nell&rsquo;art. 34-<i>ter</i>, comma 1, lettera b) del Regolamento Consob n. 11971 del 14 maggio 1999, come successivamente modificato ed integrato, (il &ldquo;<b>Regolamento Emittenti</b>&rdquo; e l&rsquo;&ldquo;<b>Offerta Internazionale</b>&rdquo;).<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.2pt;mso-font-width:105%;mso-bidi-font-weight:bold">L&rsquo;Offerta Internazionale &egrave; stata promossa in regime di esenzione dalla pubblicazione di un documento di offerta, ai sensi dell&rsquo;art. 35-bis, comma 3, del Regolamento Emittenti, sulla base di un <i>tender offer memorandum</i> in lingua inglese (il &ldquo;<b>Tender Offer Memorandum</b>&rdquo;).<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.2pt;mso-font-width:105%;mso-bidi-font-weight:bold">Il periodo di adesione alla suddetta Offerta Internazionale ha preso avvio in data odierna e terminer&agrave; il 16 febbraio 2012, salvo proroga o chiusura anticipata dell&rsquo;offerta. Il corrispettivo, pari, come detto, a quello della presente Offerta, ovvero Euro 800 per ogni Titolo apportato in adesione (come di seguito meglio indicato) ed il rateo interessi, quest&rsquo;ultimo calcolato con riferimento alla data di pagamento dell&rsquo;Offerta Internazionale, sar&agrave; corrisposto in data 22 Febbraio 2012.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.2pt;mso-font-width:105%;mso-bidi-font-weight:bold">Al termine del periodo di adesione all&rsquo;Offerta Internazionale, entro il 17 febbraio 2012, UBI pubblicher&agrave; i relativi risultati mediante comunicato stampa che sar&agrave; reso disponibile sul sito internet dell&rsquo;Offerente, <a href="http://www.ubibanca.it/">www.ubibanca.it</a>.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.2pt;mso-font-width:105%;mso-bidi-font-weight:bold">Poich&eacute; l&rsquo;Offerta Internazionale ha ad oggetto il medesimo ammontare, in termini di valore nominale, dei Titoli oggetto della presente Offerta, l&rsquo;ammontare dei Titoli oggetto di quest&rsquo;ultima sar&agrave; ridotto in funzione dei Titoli apportati in adesione all&rsquo;Offerta Internazionale.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.2pt;mso-font-width:105%">Corrispettivo dell'Offerta<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">Ai soggetti che abbiano validamente aderito all'Offerta sar&agrave; riconosciuto, per ciascun Titolo conferito in adesione all&rsquo;Offerta, il corrispettivo in denaro di seguito indicato (il &ldquo;<b>Corrispettivo</b>&rdquo;).<o:p></o:p></span></p> <div align="center"> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;border:none;mso-border-alt:solid windowtext .5pt; mso-padding-alt:0cm 5.75pt 0cm 5.75pt;mso-border-insideh:.5pt solid windowtext; mso-border-insidev:.5pt solid windowtext"> <tbody> <tr> <td width="43%" style="width:43.8%;border:solid windowtext 1.0pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="text-align:center"><b><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-ansi-language:IT">Emittente<o:p></o:p></span></b></p> </td> <td width="13%" style="width:13.62%;border:solid windowtext 1.0pt;border-left: none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span lang="EN-GB" style="font-size:8.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">ISIN<o:p></o:p></span></b></p> </td> <td width="10%" style="width:10.5%;border:solid windowtext 1.0pt;border-left: none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Valore nominale/ <i>liquidation preference<o:p></o:p></i></span></b></p> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">&nbsp;</span></b><span style="font-size:8.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">(in Euro)<b><o:p></o:p></b></span></p> </td> <td width="13%" valign="top" style="width:13.9%;border:solid windowtext 1.0pt; border-left:none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Corrispettivo unitari</span></b><span lang="EN-GB" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">o<o:p></o:p></span></p> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><span lang="EN-GB" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">(in Euro)</span><b><span style="font-size: 8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT"><o:p></o:p></span></b></p> </td> <td width="18%" valign="top" style="width:18.18%;border:solid windowtext 1.0pt; border-left:none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Corrispettivo in termini percentuali rispetto al valore nominale/<i>liquidation preference</i> <o:p></o:p></span></b></p> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT"><o:p>&nbsp;</o:p></span></b></p> </td> </tr> <tr> <td width="43%" valign="bottom" style="width:43.8%;border:solid windowtext 1.0pt; border-top:none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Lombarda Preferred Securities Trust<o:p></o:p></span></p> </td> <td width="13%" valign="bottom" style="width:13.62%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">XS0108805564<o:p></o:p></span></p> </td> <td width="10%" valign="bottom" style="width:10.5%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">1.000<o:p></o:p></span></p> </td> <td width="13%" valign="bottom" style="width:13.9%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><span lang="EN-GB" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">800<o:p></o:p></span></p> </td> <td width="18%" valign="bottom" style="width:18.18%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><span lang="EN-GB" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">80%<o:p></o:p></span></p> </td> </tr> <tr> <td width="43%" valign="bottom" style="width:43.8%;border:solid windowtext 1.0pt; border-top:none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Popolare di Bergamo Capital Trust<o:p></o:p></span></p> </td> <td width="13%" valign="bottom" style="width:13.62%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">XS0123998394<o:p></o:p></span></p> </td> <td width="10%" valign="bottom" style="width:10.5%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">1.000<o:p></o:p></span></p> </td> <td width="13%" valign="bottom" style="width:13.9%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><span lang="EN-GB" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">800<o:p></o:p></span></p> </td> <td width="18%" valign="bottom" style="width:18.18%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><span lang="EN-GB" style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">80%<o:p></o:p></span></p> </td> </tr> <tr style="mso-yfti-irow:3;mso-yfti-lastrow:yes;height:16.2pt"> <td width="43%" valign="bottom" style="width:43.8%;border:solid windowtext 1.0pt; border-top:none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt;height:16.2pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Popolare Commercio e Industria Capital Trust<o:p></o:p></span></p> </td> <td width="13%" valign="bottom" style="width:13.62%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">XS0131512450<o:p></o:p></span></p> </td> <td width="10%" valign="bottom" style="width:10.5%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="MsoNormal" align="center" style="text-align:center;mso-line-height-alt: 0pt"><span style="font-size:9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">1.000<o:p></o:p></span></p> </td> <td width="13%" valign="bottom" style="width:13.9%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language: IT;mso-fareast-language:IT;mso-bidi-font-weight:bold">800<o:p></o:p></span></p> </td> <td width="18%" valign="bottom" style="width:18.18%;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language: IT;mso-fareast-language:IT;mso-bidi-font-weight:bold">80%<o:p></o:p></span></p> </td> </tr> </tbody> </table> </div> <p class="MsoNormal" style="text-align:justify"><span style="font-size:10.0pt; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.3pt;mso-font-width:110%"><o:p>&nbsp;</o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">Gli aderenti all&rsquo;Offerta riceveranno, inoltre, alla data di pagamento dell&rsquo;Offerta, un ammontare in denaro pari agli interessi maturati tra l&rsquo;ultima data di pagamento degli interessi della relativa serie di Titoli, inclusa, e la data di pagamento dell&rsquo;Offerta, esclusa (il &ldquo;<b>Rateo di Interessi</b>&rdquo;).<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.3pt; mso-font-width:110%">Confronto tra Corrispettivo offerto e andamento recente dei Titoli<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">Si riportano di seguito, in relazione a ciascuna serie dei Titoli oggetto della presente Offerta, le indicazioni di prezzo (intese come prezzi medi <i>over the counter</i> rilevati dai principali <i>market maker</i> nel corso dei relativi periodi di riferimento, come pubblicati da Bloomberg), rapportate al relativo valore nominale (<i>liquidation preference</i>), rilevate il giorno antecedente la data di promozione della presente Offerta (6 febbraio 2012), nonch&eacute; nell&rsquo;ultimo mese e trimestre antecedente alla data odierna.<o:p></o:p></span></p> <div align="center"> <table class="MsoNormalTable" border="1" cellspacing="0" cellpadding="0" width="101%" style="width:101.48%;border-collapse:collapse;border:none;mso-border-alt:solid windowtext .5pt; mso-padding-alt:0cm 5.75pt 0cm 5.75pt;mso-border-insideh:.5pt solid windowtext; mso-border-insidev:.5pt solid windowtext"> <tbody> <tr> <td width="16%" style="width:16.72%;border:solid windowtext 1.0pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="text-align:center"><b><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; mso-ansi-language:IT">Emittente<o:p></o:p></span></b></p> </td> <td width="11%" style="width:11.04%;border:solid windowtext 1.0pt;border-left: none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Prezzo di mercato al </span></b><b><span style="font-size:8.0pt;mso-bidi-font-size: 11.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">6 febbraio 2012</span></b><b><span style="font-size: 8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT"><o:p></o:p></span></b></p> </td> <td width="16%" valign="top" style="width:16.62%;border:solid windowtext 1.0pt; border-left:none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Premio del Corrispettivo rispetto al prezzo di mercato del 6 febbraio</span></b><b><span style="font-size:8.0pt;mso-bidi-font-size:11.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT"> 2012</span></b><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT"><o:p></o:p></span></b></p> </td> <td width="11%" valign="top" style="width:11.04%;border:solid windowtext 1.0pt; border-left:none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Prezzo di mercato ultimo mese<o:p></o:p></span></b></p> </td> <td width="16%" valign="top" style="width:16.62%;border:solid windowtext 1.0pt; border-left:none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Premio del Corrispettivo rispetto al prezzo di mercato ultimo mese<o:p></o:p></span></b></p> </td> <td width="11%" valign="top" style="width:11.36%;border:solid windowtext 1.0pt; border-left:none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Prezzo di mercato ultimo trimestre<o:p></o:p></span></b></p> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT"><o:p>&nbsp;</o:p></span></b></p> </td> <td width="16%" valign="top" style="width:16.62%;border:solid windowtext 1.0pt; border-left:none;mso-border-left-alt:solid windowtext .5pt;mso-border-alt: solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="Docnor" align="center" style="margin-top:6.0pt;text-align:center"><b><span style="font-size:8.0pt;font-family: &quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">Premio del Corrispettivo rispetto al prezzo di mercato ultimo trimestre<o:p></o:p></span></b></p> </td> </tr> <tr> <td width="16%" style="width:16.72%;border:solid windowtext 1.0pt;border-top: none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Lombarda Preferred Securities Trust<o:p></o:p></span></p> </td> <td width="11%" style="width:11.04%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">75,3%</span></p> </td> <td width="16%" style="width:16.62%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">4,8%</span></p> </td> <td width="11%" style="width:11.04%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">64,8%</span></p> </td> <td width="16%" style="width:16.62%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">15,2%<o:p></o:p></span></p> </td> <td width="11%" style="width:11.36%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">61,9%</span></p> </td> <td width="16%" style="width:16.62%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">18,1%</span></p> </td> </tr> <tr> <td width="16%" style="width:16.72%;border:solid windowtext 1.0pt;border-top: none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Popolare di Bergamo Capital Trust<o:p></o:p></span></p> </td> <td width="11%" style="width:11.04%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">78,7%</span></p> </td> <td width="16%" style="width:16.62%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">1,3%</span></p> </td> <td width="11%" style="width:11.04%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">66,9%</span></p> </td> <td width="16%" style="width:16.62%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">13,1%<o:p></o:p></span></p> </td> <td width="11%" style="width:11.36%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">62,9%</span></p> </td> <td width="16%" style="width:16.62%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">17,1%</span></p> </td> </tr> <tr style="mso-yfti-irow:3;mso-yfti-lastrow:yes;height:16.2pt"> <td width="16%" style="width:16.72%;border:solid windowtext 1.0pt;border-top: none;mso-border-top-alt:solid windowtext .5pt;mso-border-alt:solid windowtext .5pt; padding:0cm 5.75pt 0cm 5.75pt;height:16.2pt"> <p class="MsoNormal"><span style="font-size: 9.0pt;mso-bidi-font-size:10.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Banca Popolare Commercio e Industria Capital Trust<o:p></o:p></span></p> </td> <td width="11%" style="width:11.04%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">76,1%</span></p> </td> <td width="16%" style="width:16.62%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">3,9%</span></p> </td> <td width="11%" style="width:11.04%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">65,7%</span></p> </td> <td width="16%" style="width:16.62%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">14,3%<o:p></o:p></span></p> </td> <td width="11%" style="width:11.36%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">62,4%</span></p> </td> <td width="16%" style="width:16.62%;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; mso-border-top-alt:solid windowtext .5pt;mso-border-left-alt:solid windowtext .5pt; mso-border-alt:solid windowtext .5pt;padding:0cm 5.75pt 0cm 5.75pt; height:16.2pt"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:8.0pt;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">17,6%</span></p> </td> </tr> </tbody> </table> </div> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.25pt;mso-font-width:105%">Mercati in cui &egrave; promossa l'Offerta<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">Il documento di offerta, da sottoporre alla preventiva approvazione della Consob, ai sensi delle norme di legge e regolamentari in vigore (il &ldquo;<b>Documento di Offerta</b>&rdquo;), sar&agrave; rivolto esclusivamente ai portatori dei Titoli residenti o domiciliati in Italia, che non siano investitori qualificati ai sensi dell&rsquo;art. 34-<i>ter</i>, comma 1, lettera b) del Regolamento Emittenti.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">Ai portatori dei Titoli residenti o domiciliati in Italia che siano investitori qualificati, ai sensi dell&rsquo;art. 34-<i>ter</i>, comma 1, lettera b) del Regolamento Emittenti, e ai portatori dei Titoli residenti o domiciliati al di fuori dell'Italia &egrave; stata riservata l&rsquo;Offerta Internazionale.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">La presente Offerta non sar&agrave; promossa direttamente o indirettamente negli Stati Uniti d'America, Australia, Canada, Giappone o in altro Stato in cui tale Offerta non &egrave; consentita in assenza dell'autorizzazione delle competenti autorit&agrave;.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">L'adesione all'Offerta da parte di soggetti residenti o domiciliati in Paesi diversi dall'Italia pu&ograve; essere soggetta a specifici obblighi o restrizioni previsti da disposizioni di legge o regolamentari. &Egrave; esclusiva responsabilit&agrave; dei destinatari dell'Offerta verificare l'esistenza e l'applicabilit&agrave; di tali disposizioni rivolgendosi a propri consulenti e conformarsi alle disposizioni stesse prima dell'adesione all'Offerta.<o:p></o:p></span></p> <p class="Doctext" style="margin-bottom:12.0pt;line-height:120%;mso-pagination: none"><b><span lang="EN-GB" style="mso-bidi-font-size:10.0pt;line-height:120%; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.2pt;mso-font-width:105%">Motivazioni dell'Offerta<o:p></o:p></span></b></p> <p class="Doctext" style="margin-bottom:12.0pt;line-height:120%;mso-pagination: none"><span style="font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-ansi-language:IT">L&rsquo;Offerta &egrave; stata promossa al fine di ottimizzare ulteriormente la struttura del patrimonio di vigilanza dell&rsquo;Offerente e del Gruppo a cui lo stesso fa capo, consentendo di generare patrimonio di pi&ugrave; elevata qualit&agrave; (<i>Common Equity</i>), in linea con le indicazioni di Basilea 3 (Basilea 3 &ndash; Schema di regolamentazione internazionale per il rafforzamento delle banche e dei sistemi bancari &ndash; Dicembre 2010)&nbsp; con un contributo positivo al <i>Core Tier 1</i> di Gruppo.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.2pt;mso-font-width:105%">Periodo d'Offerta<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">Si prevede che il periodo di adesione all&rsquo;Offerta, da concordare con la Consob, possa avere inizio entro il corrente mese di febbraio.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">L'adesione dovr&agrave; avvenire tramite i depositari presso i quali sono detenuti i Titoli secondo le procedure che saranno indicate nel Documento di Offerta. <o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">Il Corrispettivo dovuto a tutti coloro che abbiano validamente aderito all'Offerta sar&agrave; corrisposto, unitamente al Rateo Interessi, al termine del periodo di offerta ed in coincidenza della data che sar&agrave; indicata nel Documento di Offerta, quale data di pagamento. <o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt; line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;letter-spacing:-.3pt; mso-font-width:110%">Condizioni per lo svolgimento dell'Offerta <o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">Poich&eacute; il riacquisto, da parte dell&rsquo;Offerente, dei Titoli oggetto della presente Offerta &egrave; soggetto all&rsquo;autorizzazione della Banca d&rsquo;Italia, ai sensi del Titolo I, Capitolo 2, Sezione II, Par. 7, delle Nuove Disposizioni di Vigilanza Prudenziale per le Banche di cui alla Circolare della Banca d'Italia n. 263 del 27 dicembre 2006, come successivamente modificate ed integrate, UBI ha provveduto a richiedere alla Banca d&rsquo;Italia la relativa autorizzazione, che &egrave; stata rilasciata in data 6 febbraio 2012.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%;page-break-after:avoid"><b><span style="font-size:10.0pt;line-height:110%; font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Condizioni di efficacia dell'Offerta<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">L&rsquo;Offerta &egrave; condizionata al mancato verificarsi, entro il giorno di calendario antecedente la data di pagamento dell&rsquo;Offerta, a livello nazionale e/o internazionale, (a) di eventi o circostanze straordinarie da cui derivino, o possano derivare, gravi mutamenti nella situazione politica, finanziaria, economica, valutaria o di mercato che abbiano, o possano avere, effetti sostanzialmente negativi in relazione all&rsquo;Offerta o (b) di eventi o circostanze che peggiorino, o possano far peggiorare in conseguenza dell&rsquo;Offerta, la situazione patrimoniale, economica, finanziaria, fiscale, normativa, societaria o giudiziaria dell&rsquo;Offerente rispetto alla situazione risultante dal resoconto intermedio di gestione al 30 settembre 2011 dell&rsquo;Offerente o (c) di modifiche normative tali da limitare, o comunque pregiudicare, l&rsquo;acquisto dei Titoli ovvero l&rsquo;esercizio del diritto di propriet&agrave; sugli stessi ovvero degli altri diritti inerenti i Titoli (la &ldquo;<b>Condizione MAC</b>&rdquo;).<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">L'Offerente potr&agrave; rinunciare in qualsiasi momento, in tutto o in parte, alla suddetta condizione.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.25pt;mso-font-width:105%">Modalit&agrave; di finanziamento e garanzie<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">L&rsquo;impegno finanziario massimo in relazione al pagamento del Corrispettivo &egrave; pari a complessivi Euro 362.768.000 (l&rsquo;&ldquo;<b>Esborso Massimo</b>&rdquo;). L&rsquo;Offerente, che utilizzer&agrave; a tal fine mezzi propri gi&agrave; nella sua disponibilit&agrave;, depositer&agrave; in un apposito conto vincolato a garanzia dell&rsquo;esatto adempimento delle obbligazioni di pagamento del Corrispettivo un importo fino a concorrenza dell&rsquo;Esborso Massimo.<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Sito internet<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">I comunicati relativi all&rsquo;Offerta nonch&eacute; il Documento di Offerta saranno pubblicati sul sito internet dell&rsquo;Offerente (www.ubibanca.it).<o:p></o:p></span></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><b><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;">Consulenti dell&rsquo;Offerta<o:p></o:p></span></b></p> <p class="MsoNormal" style="margin-bottom:12.0pt;text-align:justify;line-height: 110%"><span style="font-size:10.0pt;line-height:110%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;; letter-spacing:-.3pt;mso-font-width:110%">L'Offerente &egrave; assistito, ai fini dell'Offerta, da Citigroup Global Markets Limited, HSBC Bank plc e Natixis, in qualit&agrave; di <i>dealer manager (</i>i<i> &ldquo;</i><b>Dealer Manager&rdquo;)</b>, e dallo Studio Legale Riolo Calderaro Crisostomo, in qualit&agrave; di consulente legale. I Dealer Manager sono assistiti da Clifford Chance, Studio Legale Associato.<o:p></o:p></span></p>