Listed companies - Major shareholdings

DECLARATIONS OF MAJOR SHAREHOLDINGS
PURSUANT TO ARTICLE 120 OF LEGISLATIVE DECREE NO.58/98
PUBLISHED ON10/08/2004



HOLDINGS IN SHARES
DATE OF TRANSACTION DECLARANT OR SUBJECT AT THE TOP OF INVESTMENT CHAIN INVESTEE COMPANY PERCENTAGE AND DEED OF POSSESSION DIRECT SHAREHOLDER PREVIOUS SITUATION
05/08/2004 APAX EUROPE V GP CO. LTD AZIMUT HOLDING SPA 12.515% -INDIRETTA PROPRIETA' ** 4.693% APAX FINANCE & INCENTIVE SARL ** 7.822% APAX FINANCE & INCENTIVE III SARL 07/07/2004 12.515% DI CUI: - IL 3.626% SENZA VOTO
29/07/2004 ASSICURAZIONI GENERALI SPA GABETTI HOLDING SPA 10.000% -INDIRETTA PROPRIETA' ** 10.000% GENERALI PROPERTIES SPA


HOLDINGS IN COMPANIES WITH SHARES LISTED ON OTHER MARKETS
DATE OF TRANSACTION DECLARANT OR SUBJECT AT THE TOP OF INVESTMENT CHAIN INVESTEE COMPANY PERCENTAGE AND TYPE OF POSSESSION DIRECT SHAREHOLDER PREVIOUS HOLDING
02/08/2004 GREENHOLDING SRL GREENVISION AMBIENTE SPA 49.519% -DIRETTA PROPRIETA' -INDIRETTA PROPRIETA' DI CUI: - IL 0.921% SENZA VOTO ** 0.921% GREENVISION AMBIENTE SPA DI CUI: - IL 0.921% SENZA VOTO 28/07/2004 50.300% DI CUI: - IL 1.702% SENZA VOTO