Milano, 21 November 2006

Banca Intesa communicates that today it has notified Consob - by filing the relevant form 120 A - of the decrease in its stake both in FIAT’s total share capital from 4.82% to 3.78% and in the latter’s voting share capital from 2.37% to 1.73%.

As regards the above, Banca Intesa clarifies that this decrease follows the delivery of FIAT’s ordinary shares upon expiry of options on the same, related to the hedging transactions on the Fiat position carried out by Banca Intesa under its usual policy of active management of market risk and disclosed to the financial community on many occasions.

Banca Intesa
Investor Relations

Banca Intesa
Media Relations