Listed companies - Major shareholdings

DECLARATIONS OF MAJOR SHAREHOLDINGS
PURSUANT TO ARTICLE 120 OF LEGISLATIVE DECREE NO.58/98
PUBLISHED ON04/10/2004



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
25/08/2004 MORGAN STANLEY INVESTMENT MANAGEMENT LIMITED SOGEFI SPA 4.996% GESTIONE FONDI COMUNI 25/06/2004 5.024%
27/09/2004 MORGAN STANLEY INVESTMENT MANAGEMENT LIMITED SOGEFI SPA 5.002% GESTIONE FONDI COMUNI 25/08/2004 4.996%


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 49.443% -DIRETTA PROPRIETA' -INDIRETTA PROPRIETA' DI CUI: - IL 0.845% SENZA VOTO ** 0.845% GREENVISION AMBIENTE SPA DI CUI: - IL 0.845% SENZA VOTO 28/07/2004 50.300% DI CUI: - IL 1.702% SENZA VOTO
(1) LA SOCIETA' HA RETTIFICATO LA COMUNICAZIONE RESA NOTA IN DATA 10 AGOSTO 2004