Banca Intesa communicates that today the period for the exercise of the stock options started. At the end of the exercise period a maximum of 67,667,096 new Banca Intesa ordinary shares will be issued.

Today, around 19,000,000 ordinary shares deriving from the exercise of the above-mentioned options were subscribed. Around 17,000,000 were at the same time sold in “blocks”. Within that, around 8,000,000 were sold and 2,000,000 simultaneously repurchased in “blocks” by top managers who on 26th April 2005 had made known their intention to invest at least 50% of their capital gains in Banca Intesa shares.


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