Listed companies - Major shareholdings

DECLARATIONS OF MAJOR SHAREHOLDINGS
PURSUANT TO ARTICLE 120 OF LEGISLATIVE DECREE NO.58/98
PUBLISHED ON09/11/2004



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
28/10/2004 UBS AG IMMSI SPA 2.010% -DIRETTA PROPRIETA'


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
08/10/2004 BESTINVER GESTION SGIIC SA ESPRINET SPA 2.099% GESTIONE FONDI COMUNI
27/07/2004 TWICE SIM SPA KAITECH SPA 9.728% -DIRETTA PRESTATARIO PROPRIETA'
20/08/2004 TWICE SIM SPA KAITECH SPA RIDUZIONE ENTRO IL 2% 27/07/2004 9.728%