| Broker | Analyst |
 ABN AMRO | Alberto Cordara |
| AHORRO CORPORACION | Marta Sānchez Romero |
| BANCA AKROS | Luigi Tramontana |
| BANCA LEONARDO | Anna Benassi / Daniela Miccolis |
| CAI CHEUVREUX | Carlo Tommaselli |
| CAZENOVE | Enrico Racioppi |
| CENTROSIM | Luca Comi |
| CITIGROUP | Jeremy Sigee / Azzurra Guelfi |
| CREDIT SUISSE | Andrea Vercellone |
| DEUTSCHE BANK | Fabrizio Bernardi / Paola Sabbione |
| DRESDNER KLEINWORT | Arturo de Frias / Eugenio Cicconetti |
| EQUITA | Matteo Ghilotti |
| EXANE BNP PARIBAS | Domenico Santoro |
| EXECUTION RESEARCH | Giovanni Carriere |
| FOX-PITT KELTON | Alessandro Roccati |
| GOLDMAN SACHS | Domenico Vinci |
| HSBC | Carlo Digrandi |
| HVB Milan - Unicredit MIB | Aurelio Palombo |
| IBERSECURITIES | Fabio Mostacci |
| ING | Carlos García / Ignacio Ulargui |
| INTERMONTE | Pier Passerone |
| JP MORGAN | Francesca Tondi |
| KEEFE, BRUYETTE & WOODS | Marcello Zanardo / Aldo Comi |
| KEPLER EQUITIES | Alessandra Panella |
| MEDIOBANCA | Riccardo Rovere / Federica Maccaferri |
| MERRILL LYNCH | Antonio Guglielmi / Andrea Filtri |
| MORGAN STANLEY | Per Lofgren |
| NATIXIS SECURITIES | Pascal Decque / Christophe Ricetti |
| NOMURA | Paola Biraschi |
| ODDO SECURITIES | Pierre-Alexandre Pechmeze |
| SAL OPPENHEIM | Thomas Stoegner |
| SCH | Elena Gonzalez del Pino |
| UBS | Matteo Ramenghi |
| WESTLB | Neil Smith |
|
