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JOINT PRESS RELEASE


TELEFONICA S.A. - ASSICURAZIONI GENERALI S.p.A. - SINTONIA S.A. - INTESA SANPAOLO S.p.A. -  MEDIOBANCA S.p.A.


Milan, 7 May 2007 – Notice is hereby given that the full text of the shareholders’ agreement and co-investment agreement executed by and between Telefonica, Assicurazioni Generali, Sintonia SA, Intesa Sanpaolo and Mediobanca is available on the websites of Telefonica, Assicurazioni Generali, Intesa Sanpaolo and Mediobanca.

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