Listed companies - Major shareholdings

DECLARATIONS OF MAJOR SHAREHOLDINGS
PURSUANT TO ARTICLE 120 OF LEGISLATIVE DECREE NO.58/98
PUBLISHED ON05/12/2008



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
28/11/2008 BLUE FLAME SRL ASCOPIAVE SPA 7.515% -DIRETTA PROPRIETA' 20/03/2008 5.753%
28/11/2008 MORGAN STANLEY CORP IFI SPA - ISTITUTO FINANZIARIO INDUSTRIALE RIDUZIONE ENTRO IL 2% 27/06/2008 3.644%
18/11/2008 NATIXIS SA MARIELLA BURANI FASHION GROUP SPA RIDUZIONE ENTRO IL 2% 15/02/2008 2.123%
03/12/2008 ALERION INDUSTRIES SPA RENO DE MEDICI SPA RIDUZIONE ENTRO IL 2% 01/03/2008 9.037%
03/12/2008 INDUSTRIA E INNOVAZIONE SPA RENO DE MEDICI SPA 9.051% -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
03/12/2008 ALERION INDUSTRIES SPA REALTY VAILOG SPA RIDUZIONE ENTRO IL 2% 14/02/2008 24.653%
03/12/2008 INDUSTRIA E INNOVAZIONE SPA REALTY VAILOG SPA 24.653% -DIRETTA PROPRIETA'