EQUITY DAILY TURNOVER AND MIB INDEX EVOLUTION. Nuovo Mercato shares MAIN INDICATORS TRADING. Shares - Borsa - Domestic - Borsa - Foreign Borsa - Total

BORSA ITALIANA monthly key figures EQUITY DAILY TURNOVER AND MIB INDEX EVOLUTION MAY 21 - YEAR 4 - N. 5 Equity Turnover EUR ml 6 5 6 5 5 3 5 2 5 1 5 5 MIB3 shares Midex shares Other shares Nuovo Mercato shares MAR APR MAY Ristretto shares MIB (base 2.1.1975 = 1) 28 27 5 27 26 5 26 25 5 2 2 2 23 5 2 22 5 2 21 5 MAIN INDICATORS Listed companies - Borsa - Domestic - Borsa - Foreign Borsa - - Nuovo Mercato - Domestic - Nuovo Mercato - Foreign Nuovo Mercato - Listed shares - Borsa - Domestic - Borsa - Foreign Borsa - - Nuovo Mercato - Domestic - Nuovo Mercato - Foreign Nuovo Mercato - Covered warrants Warrant - Borsa Warrant - Nuovo Mercato Closed Funds Convertible Bonds - Borsa - e Government Securities Bonds - Mot - EuroMot - Capitalisation (EUR ml) Borsa - Domestic Nuovo Mercato - Domestic Nuovo Mercato - Foreign Mercato Ristretto Domestic Capitalisation (% GDP) Borsa - Domestic Nuovo Mercato - Domestic Capitalisation (% Borsa) MIB 3 Shares Midex Shares 29 DEC 2 3 APR 21 31 MAG 21 237 233 231 5 5 5 242 238 236 39 41 41 1 1 1 4 42 42 15 15 15 297 295 293 3 293 29 5 5 5 35 298 295 39 41 41 1 1 1 4 42 42 16 16 16 361 356 353 3 17 5 53 5 718 22 22 21 1 1 1 4 6 6 16 18 18 2 2 2 18 2 2 128 128 126 466 45 446 13 17 18 479 467 464 79 277 73 386 692 28 22 166 19 271 17 598 3 151 2 337 2 413 5 941 6 172 5 957 818 384 755 829 715 764 67.8% 59.8% 56.6% 1.9% 1.6% 1.4% 7.2% 61.8% 58.6% 76.4% 75.8% 76.5% 6.9% 6.6% 7.% TRADING Shares - Borsa - Domestic - Borsa - Foreign Borsa - - Nuovo Mercato - Domestic - Nuovo Mercato - Foreign Nuovo Mercato - Shares - daily average - Borsa - Nuovo Mercato MIB 3 Shares % Borsa MIDEX Shares % Borsa Covered warrants: total - daily average Warrant: Closed Funds: Convertible Bonds: Subscription rights: Bonds: - Mot - EuroMot Government Bonds Blocks - Shares Off Market - Shares Other Movements - Shares 29 DEC 2 Mib (base 2.1.1975 = ) 29 681 Mibtel (last) (base 3.1.1994 = 1 ) 3 323 Mib 3 (last) (base 31.12.1992 = 1 ) 43 719 Midex (last) (base 3.12.1994 = 1 ) 33 911 Numex (base 17.6.1999 = ) 4 846 Numtel (last) (base 17.6.1999 = ) 4 578 APR 21 MAY 21 JAN-MAY 21 Trades Turnover Trades Turnover Trades Turnover Number euro ML Number euro ML Number euro ML 2 481 634 48 199.2 2 922 197 56 916.4 13 944 79 274 253.9 226 238 3 58.7 175 239 3 187.8 1 195 146 16 15. 2 77 872 51 779.9 3 97 436 6 14.2 15 139 225 29 358.9 366 956 854.5 368 82 77.8 3 413 22 9 877.9 7 35 19. 5 951 15.4 41 496 118.1 373 991 873.5 374 753 723.2 3 454 716 9 995.9 5 169 31.4 8 214 46.5 35 148 26.7 3 87 32 52 684.8 3 48 43 6 873.9 18 629 89 3 561.5 142 52 2 725.3 14 793 2 732. 144 183 2 765.3 19 684 46. 17 34 32.9 32 92 95.2 272 1.7 373 2.1 335 2. 162 475 2 772.9 158 2 2 767. 177 42 2 862.5 68.4% 8.9% 67.8% 8.8% 67.8% 81.3% 8.6% 3.3% 1.1% 4.6% 9.1% 4.3% 557 371 1 428. 619 742 1 522.6 3 4 279 8 56. 29 335 75.2 28 17 69.2 28 612 81.5 25 7 71.3 32 986 86.7 172 76 595.9 11 1.2 43 2.5 791 8.1 1 358 81.5 1 95 82.1 56 15 451. 235 5.1 85 62 83. 729 4 23.7 37 72 762.1 45 514 8.2 234 599 4 41.4 1 661 68.4 1 655 63.8 8 176 343. 38 733 83.4 47 169 864. 242 775 4 753.3 22 269 9 266.1 269 32 1 49.4 1 26 495 54 826.1 383 2 629.1 416 5 995.7 2 13 2 654.3 1 199 1 13.2 1 616 1 226. 11 564 3 193.6. 6 634.3. 8 372.1. 39 235.2 STOCK INDICES 3 APR 21 31 MAY 21 Var. % Var. % Volatility MoM 2 end MAY 21 27 758 26 66-4.15% -1.36% 13.1% 28 638 27 435-4.2% -9.52% 13.3% 4 937 38 872-5.4% -11.9% 15.2% 32 175 31 578-1.86% -6.88% 13.7% 3 986 3 69-7.43% -23.85% 22.4% 3 87 3 54-7.96% -23.46% 17.8%

BORSA ITALIANA - MONTHLY KEY FIGURES - MAY 21 2 SECTORAL EVOLUTION MACROSECTOR SECTOR MIB SECTORAL (Base 3.12.1994 = ) 3 APR 21 31 MAY 21 Var. % Var. % MoM 2 end CAPITALISATION 29 DEC 2 3 APR 21 31 MAY 21 EUR ML % TOT. EUR ML % TOT. EUR ML % TOT Food Auto Paper Chemical Construction Electronics Machinery-Mechan. Miscellaneous Mineral-Metal-Oil Textiles-Clothing Distribution Media Public Utilities Miscellaneous Transp.-Tourism Insurance Banking Holding Misc. Holding Cies Real Estate 1 436 1 531 6.62% -6.13% 961 998 3.85%.3% 1 139 1 24 5.71% -3.37% 2 295 2 227-2.96% -5.68% 1 626 1 775 9.16% 15.64% 1 915 1 757-8.25% -13.15% 2 657 2 63-1.2% 18.58% 1 364 1 339-1.83% -9.89% 2 17 2 2 -.74% 1.% 2 754 2 951 7.15% 5.13% 1 751 1 878 7.25% -3.64% 3 228 2 868-11.15% -33.52% 4 897 4 543-7.23% -11.77%.. 987.... 3 446 3 455.26% -2.87% 2 34 2 166-7.44% -17.58% 3 163 3 125-1.2% -9.26% 4 889 4 344-11.15% -46.54% 1 982 1 95-1.61% -6.79% 1 996 2 8.6% -.69% 3 76 3 38-1.24% -19.97% 3 55.4% 3 138.4% 3 339.5% 14 81 1.9% 14 33 2.% 14 855 2.1% 259.% 236.% 245.% 1 83 1.4% 1 688 1.5% 1 441 1.5% 5 19.6% 5 328.7% 5 811.8% 45 564 5.8% 32 678 4.5% 3 3 4.3% 4 287.5% 5 137.7% 5 83.7% 721.1% 662.1% 65.1% 57 77 7.3% 64 35 8.8% 63 532 9.2% 2 25 2.5% 19 425 2.7% 21 65 3.% 4 159.5% 3 737.5% 3 417.5% 49 7 6.3% 38 11 5.2% 33 99 4.9% 219 659 27.8% 211 82 29.% 195 878 28.3%........ 781.1% 19 89 2.4% 16 231 2.2% 16 49 2.4% 113 67 14.4% 98 977 13.6% 91 1 13.2% 194 429 24.6% 18 535 24.7% 17 691 24.7% 796.1% 457.1% 46.1% 21 97 2.8% 2 783 2.8% 2 45 3.% 3 55.4% 3 563.5% 3 641.5% 592.1% 544.1% 51.1% 1 82 1 81 -.55% 2.3% 4 79 4 374-7.11% -14.82% 2 579 2 493-3.33% -12.3% 162 835 2.6% 155 63 21.3% 155 25 22.4% 292 66 37.% 269 897 37.% 25 395 36.2% 334 836 42.4% 34 859 41.7% 286 788 41.4% (Domestic Shares) 79 277 73 386 692 28 MIB 3 SHARES (BASKET UPDATED AS FROM 19 th MARCH 21) PRICE (EUR) CAPITALISATION (EUR ML) TURNOVER (EUR ML) 31 MAY 21 VAR % MoM VAR. % 2 END 3 APR 21 31 MAY 21 MAY 21 JAN-MAY 21 Aem 2.721-2.5% -15.8% 5 23.9 4 897.9 13.5 1 179.5 Alleanza 12.332-14.1% -27.6% 1 262.9 8 814.1 2 174.7 5 31.2 Autostrade 7.212 4.1% 1.9% 8 198.8 8 532.4 981.9 2 76.4 Banca di Roma 4.48-9.2% -5.3% 6 626.9 6 2.5 339.7 2 15.9 Banca Fideuram 12.642-6.5% -14.9% 12 297.7 11 494.8 498.5 2 689.9 Banca Monte Paschi Siena 3.988 6.8% -6.4% 9 656.9 1 317.3 55.7 2 557.8 Banca Naz Lavoro 3.817 6.6% 16.2% 7 558.3 8 58.6 877.1 3 72.9 Bipop-Carire 4.469-2.9% -35.7% 1 917. 8 64.5 1 48.1 7 498.7 Edison 1.799.% -6.7% 6 846.7 6 848. 68.2 2 39.8 Enel 3.75 1.3% -1.5% 44 891. 45 473.1 2 59.2 1 521.8 Eni 7.651 -.6% 1.3% 61 617. 61 225.1 6 162.9 25 83.6 Fiat 26.79 4.4% 1.7% 9 431.2 9 842.6 958.3 4 156.3 Finmeccanica 1.16-2.3% -6.% 9 964.9 9 738.2 51.5 2 631.2 Generali 33.48-8.3% -2.7% 45 747. 41 95.4 3 38. 18 949.3 Gruppo Editoriale L'Espresso 4.99-21.9% -48.4% 2 78.2 2 113.9 224.4 1 261.1 Intesabci 4.378 2.6% -14.5% 21 542.4 25 566.4 1 686.9 7 496.3 Italgas 9.964-5.1% -6.% 3 657.2 3 472.2 32.7 2 5.2 Mediaset 11.18-14.3% -15.4% 15 314.6 13 121.1 1 615.9 7 28.7 Mediobanca 13.27 5.4% 6.9% 7 938.4 8 365.5 811.7 2 831.5 Mediolanum 12.964-1.5% -6.2% 1 499.7 9 398.5 548.6 2 924.7 Montedison 2.817-5.9% 23.4% 5 251.4 4 942.6 1 242.1 4 81.8 Olivetti 2.17-12.9% -15.2% 18 89.4 15 82.2 3 178.2 16 212.2 Pirelli Spa 3.499-5.4% -9.3% 7 87.7 6 76.3 959.6 3 562.4 Ras 14.765-1.4% -12.% 1 772.9 1 619. 1 17.2 3 693.7 Rolo Banca 1473 18.689 -.8% -4.7% 9 152.2 9 76.5 373.3 1 279.3 San Paolo - Imi 16.26 2.% -9.9% 22 61.6 22 51.1 2 289.5 8 715.7 Seat Pagine Gialle 1.175-5.9% -5.5% 13 732.2 12 918.6 1 222.6 12 834.4 Telecom Italia 11.117-1.7% -6.6% 65 51.7 58 487.2 5 7.4 29 557.1 Tim 6.861-1.6% -19.8% 64 72.9 57 863.3 4 674.3 31 14.7 Unicredito Italiano 5.272 -.2% -5.4% 26 423.2 26 424.6 2 55.1 9 726.9 Most traded shares in May 21 Shares with best performance in May 21 Shares with worst performance in May 21 Shares Market Turnover % TOT EUR ML Eni BBC 6 162.9 1.1% Telecom Italia BBC 5 7.4 8.3% Tim BBC 4 674.3 7.7% Generali BBC 3 38. 5.6% Olivetti BBC 3 178.2 5.2% STMicroelectronics BBC 3 176.1 5.2% Unicredito Italiano BBC 2 55.1 4.2% Telecom Italia rsp BBC 2 443.8 4.% San Paolo - Imi BBC 2 289.5 3.8% Alleanza BBC 2 174.7 3.6% Shares Market Var. %. Var. % MoM 2 end Novuspharma NM 32.1% 1.6% Vianini Industria BO2 25.5% -.3% Impregilo BO1 22.9% 14.8% Recordati BST 22.3% 51.2% Risanamento Napoli rsp BO2 17.% 64.% Rinascente BBC 16.7% -9.5% Risanamento Napoli BO2 15.6% 56.5% Trevi Fin e BO1 15.6% -.2% Pininfarina rcv BO1 15.1% -.5% Marzotto rcv BBC 13.9% 8.1% Shares Market Var. %. Var. % MoM 2 end Banca Pop Sondrio MR -42.1% -37.2% Eplanet NM -26.3% -34.9% Cdb Web Tech NM -26.2% -52.4% Cofide rsp BO1-23.1% -3.1% Gruppo Edit. l'espresso BBC -21.9% -48.4% Acqua Pia Marcia BO2-21.1% 12.9% Class Editori BBC -21.1% -22.4% Bipop-Carire BBC -2.9% -35.7% Elios Holding MR -18.3% -5.% Cdc Point NM -17.7% -26.6%

BORSA ITALIANA - MONTHLY KEY FIGURES - MAY 21 3 SHARES TRADING COVERED WARRANTS TRADING Trades Daily average Turnover Trades Daily average Turnover 55 5 5 9 225 5 45 4 35 3 5 8 7 6 2 175 15 3 5 125 25 2 5 4 1 2 15 1 5 1 5 5 3 2 1 75 5 25 1998 1999 2 21 1998 1999 2 21 MAIN COMPANIES OTHER RECENT LISTINGS NUOVO MERCATO SHARES PRICE (EUR) CAPITALISATION (EUR ML) TURNOVER (EUR ML) 31 MAY 21 VAR % MoM VAR. % 2 END VAR. % IPO 3 APR 21 31 MAY 21 MAY 21 JAN-MAY 21 Tiscali 14. -9.3% -24.2% 24.3% 5 166.4 4 686. 255.7 5 35.4 E.Biscom 86.2-7.5% -18.6% -46.1% 4 514.6 4 175.9 41.3 457.1 BB Biotech 86.8 3.2% -23.4% -26.8% 2 337.5 2 413. 15.4 118.1 Finmatica 21.4-13.% -47.2% 327.2% 1 92.5 95.5 39.4 478.5 I.Net 171.9-1.1% -29.1% -2.3% 783.9 74.7 12.6 11. Engineering 43.3 3.3% 8.7% 8.3% 524.3 541.6 3.1 53.3 Cdb Web Tech 4.4-26.2% -52.4%.. 66.4 447.7 49.6 211.1 Acotel Group 85.7-14.5% -19.7% 58.7% 417.6 357.1 5.8 58.2 Freedomland 21.4-11.3% -3.3% -79.7% 347.2 37.8 31. 447.2 Datamat 11.3-8.5% -16.5% -5.9% 329.6 31.7 5.2 81.5 Cad It 33.2.3% 28.3% 3.6% 296.9 297.8 5.3 73.2 Novuspharma 44.8 32.1% 1.6% -44.% 222.9 294.4 29.7 78.4 Biosearch Italia 23.8-6.9% -47.5% -44.% 311.2 289.7 22.3 199.8 Cairo Communication 34.7-13.7% -8.7% -46.7% 311.2 268.6 6.8 13.9 Mondo TV 66.1-1.8% -3.6% 3.3% 283.2 252.5 3.1 45. Datalogic 19.2.8%.. -4.% 219.2 228.6 5.9 2.1 PCU Italia 1.7-8.1%.. -35.2% 6.1 55.2 4.3 34. Dmail.it 14.4-2.3% -13.4% -17.6% 95.2 93. 4.7 45.9 El.En. 18.3-7.3% -15.7% -29.7% 9.7 84.1 2.4 17.7 Reply 16.6 1.9% 24.9% -8.% 132.8 135.2 4.4 8.7 Fidia 11.9-1.4% -8.9% -15.1% 56.7 55.9.7 8.5 Digital Bros 1.5-8.3% -26.% -34.3% 143.3 131.4 1.4 74.4 Data Service 52.7 12.1% 29.5% 31.8% 212.1 237.7 7.6 68.3 Vitaminic 26. -11.3% 16.2% -.2% 155.2 137.6 45.1 672.1 CTO 17. -9.3% -53.% -25.9% 188. 17.5 7. 59.2 TC Sistema 28.4.5% -34.5% -3.2% 122.2 122.8 6.2 32.2 EPlanet 18.5-26.3% -34.9% -76.9% 188. 138.6 29.5 111. Inferentia 32. -13.2% -33.4% -3.4% 151.3 131.3 7.2 72.6 AISoftw@re 14.6-16.7% 1.7% -44.% 116.9 97.4 8.3 188.4 On Banca 53.9-11.3% -4.5% -72.4% 156.8 139.1 2.2 18.6 NUOVO MERCATO - DAILY TRADING Shares Turnover EUR ML Numex (base 17.6.1999 = ) 2 18 16 14 12 1 8 6 4 2 MAR APR MAY 4 35 4 2 4 5 3 9 3 75 3 6 3 45 3 3 3 15

BORSA ITALIANA - MONTHLY KEY FIGURES - MAY 21 4 IDEM - EQUITY DERIVATIVES TURNOVER TURNOVER (1) OPEN DAYS MONTH TOTAL DAILY _ AVERAGE INTEREST (3) STANDARD TRADES TURNOVER PREMIUM % TOT STANDARD TRADES TURNOVER NUMBER OF CONTRACTS NUMBER euro ML euro ML SHARES (2) CONTRACTS NUMBER euro ML CONTRACTS MIB 3 FUTURES minifib (4) MIDEX FUTURES MIB 3 OPTIONS STOCK OPTIONS IDEM TOTAL 15 YEAR 21 1 791 142 1 151 912 361 513.5.. 124.5% 17 58 1 971 3 443. 34 471 19 APR 32 736 23 184 59 54.2.. 114.9% 15 933 1 694 3 131.8 28 486 22 MAY 341 132 224 62 67 656.4.. 112.6% 15 56 1 185 3 75.3 34 471 15 YEAR 21 471 855 342 998 19 8.8.. 6.5% 4 494 3 267 181. 9 99 19 APR 94 322 67 881 3 713.8.. 7.2% 4 964 3 573 195.5 5 46 22 MAY 13 345 74 419 4 1.2.. 6.8% 4 698 3 383 186.4 9 99 15 YEAR 21 16 6 12.4...1% 2.1.1 79 19 APR - - -.. - - - - 79 22 MAY - - -.. - - - - 79 15 YEAR 21 1 158 72 25 865 117 192.7 2 95.9 4.4% 11 29 2 389 1 116.1 216 844 19 APR 212 643 46 48 2 827.6 413.8 4.2% 11 192 2 446 1 96.2 24 21 22 MAY 224 772 46 472 22 299.5 354.6 37.1% 1 217 2 112 1 13.6 216 844 15 YEAR 21 4 61 726 157 47 31 4.2 2 19.6 12.5% 38 683 1 496 295.3 1 644 892 19 APR 953 372 28 93 6 772.7 445.9 16.% 5 177 1 521 356.5 1 594 748 22 MAY 1 276 23 33 361 8 21.1 689. 15.8% 58 9 1 516 364.6 1 644 892 15 YEAR 21 7 482 955 1 92 828 528 731.7 4 115.5 182.1% 71 266 18 122 5 35.5 1 95 385 19 APR 1 563 73 346 448 9 818.2 859.7 146.% 82 267 18 234 4 779.9 1 832 56 22 MAY 1 945 452 378 314 12 77.3 1 43.6 197.1% 88 43 17 196 4 639.9 1 95 385 (1) The notional turnover is computed as the product of contracts number, price and index multiplier for index futures ; contract number, strike prices and index multiplier for index options; contracts number, strike prices and sizes for stock options. (2) As percentage on shares turnover (Borsa total for Mib3 derivatives and Idem total; basket shares for Midex Futures; underlying shares for stock options). (3) Open positions at the end of period. Net figures for futures, gross figures for options. (4) minifib futures trading began on 3.7.2. Standard contracts Daily avg. 5 5 4 4 3 3 2 2 1 1 8 7 6 56 48 4 3 2 16 Standard contracts Daily avg. 8 MIB3 FUTURES STOCK OPTIONS Notional turnover 1996 1997 1998 1999 2 21 Notional turnover 1996 1997 1998 1999 2 21 5 5 3 5 2 5 1 5 5 4 36 32 28 24 2 16 12 8 4 4 36 3 28 2 2 16 1 Standard contracts Daily avg. 8 MIB3 OPTION 1996 1997 1998 1999 2 21 Note: contracts number before July 1999 is adjusted to the new size. 1 1 1 1 1 1 9 8 7 6 Standard Contracts minifib JAN FEB MAR APR MAY Notional turnover 1 8 1 6 1 4 1 2 8 6 4 2 Notional Turnover (EUR ML) 375 35 325 3 275 25 225 2 175 15 125 1 75 5 25

BORSA ITALIANA - MONTHLY KEY FIGURES - MAY 21 5 IDEM - STOCK OPTION TURNOVER _ TURNOVER (2) OPEN DAYS MONTH TOTAL DAILY _ AVERAGE INTEREST (4) (1) STANDARD TRADES TURNOVER PREMIUM % TOT STANDARD TRADES TURNOVER NUMBER OF CONTRACTS NUMBER euro ML euro ML SHARES (3) CONTRACTS NUMBER euro ML CONTRACTS ACEA 15 YEAR 21 2 931 522 33.9 1.5 8.1% 28 5.3 1 394 22 MAY 452 75 4.8.2 5.5% 21 3.2 AEM 15 YEAR 21 9 58 1 539 67.5 3.8 5.7% 91 15.6 4 775 22 MAY 3 752 415 25.8 1.5 19.7% 171 19 1.2 ALITALIA 15 YEAR 21 1 1 237 9..4 3.9% 1 2.1 379 22 MAY 123 33 1.. 3.1% 6 2. ALLEANZA 15 YEAR 21 38 888 3 317 358.8 13.4 7.1% 37 32 3.4 16 716 22 MAY 17 949 1 61 113.9 4.4 5.2% 816 73 5.2 AUTOSTRADE 15 YEAR 21 75 363 2 98 583.3 28.6 21.1% 718 28 5.6 28 634 22 MAY 55 719 71 443.8 23.7 45.2% 2 533 32 2.2 BANCA COMMERCIALE ITALIANA 15 YEAR 21 45 253 141 326.5 28.2 8.3% 431 1 3.1 1 64 22 MAY 24 24 1.7.1.1% 11 1.1 BANCA INTESA 15 YEAR 21 11 389 1 553 515.5 29.6 6.9% 1 51 15 4.9 29 574 22 MAY 14 496 34 64.1 1.4 3.8% 659 14 2.9 BIPOP CARIRE 15 YEAR 21 79 3 5 675 495. 28. 6.6% 755 54 4.7 23 363 22 MAY 17 386 1 114 11.7 6.6 6.9% 79 51 4.6 BANCA MONTE DEI PASCHI DI SIENA 15 YEAR 21 75 224 81 359.5 23. 14.1% 716 8 3.4 3 657 22 MAY 62 189 149 299.7 2.8 54.4% 2 827 7 13.6 BANCA DI ROMA 15 YEAR 21 34 23 2 811 214.3 9.4 1.2% 324 27 2. 14 415 22 MAY 6 327 485 38.4 2.3 11.3% 288 22 1.7 BNL 71 YEAR 21 217 394 635 453.5 34. 21.3% 3 62 9 6.4 119 543 22 MAY 13 835 332 218.2 14.4 24.9% 4 72 15 9.9 E.BISCOM 15 YEAR 21 3 85 249 3.8.2.8% 29 2. 1 67 22 MAY 196 18.2..5% 9 1. EDISON 15 YEAR 21 16 555 1 912 183.1 7.7 9.% 158 18 1.7 4 711 22 MAY 6 433 63 76.8 3.6 12.6% 292 27 3.5 ENEL 15 YEAR 21 21 866 8 24 837.5 3.4 8.% 2 8 76 8. 11 728 22 MAY 33 2 1 568 13.7 4.9 6.3% 1 59 71 5.9 ENI 15 YEAR 21 275 562 9 699 2 96.5 115.1 8.1% 2 624 92 2. 177 5 22 MAY 13 219 2 437 86.8 61.7 14.% 4 692 111 39.1 FIAT 15 YEAR 21 77 495 5 749 1 33. 33.6 24.9% 738 55 9.8 38 673 22 MAY 18 684 1 362 255.9 8.2 26.7% 849 62 11.6 FINMECCANICA 15 YEAR 21 19 263 2 438 234.9 9.6 8.9% 183 23 2.2 5 488 22 MAY 4 256 54 51.8 1.5 1.3% 193 23 2.4 GENERALI 15 YEAR 21 435 348 8 544 3 5.4 72.9 16.1% 4 146 81 29.1 34 356 22 MAY 147 51 1 9 538.1 22. 15.9% 6 75 86 24.5 GRUPPO EDITORIALE L'ESPRESSO 15 YEAR 21 12 99 1 664 49.2 4.4 3.9% 124 16.5 2 935 22 MAY 2 179 41 6.2.4 2.8% 99 19.3 HDP 15 YEAR 21 5 11 641 27. 1. 2.4% 48 6.3 1 739 22 MAY 2 166 27 1.2.4 5.4% 98 9.5 MEDIASET 15 YEAR 21 81 216 8 333 1 37.9 51.3 14.8% 773 79 9.9 25 758 22 MAY 18 69 2 128 232.6 1. 14.4% 846 97 1.6 MEDIOBANCA 15 YEAR 21 34 939 3 386 424.4 14.7 15.% 333 32 4. 13 169 22 MAY 7 493 887 98.3 4.4 12.1% 341 4 4.5 MEDIOLANUM 91 YEAR 21 8 641 827 61. 3.5 2.1% 95 9.7 4 932 22 MAY 3 195 141 23.4 2. 4.3% 145 6 1.1 OLIVETTI 15 YEAR 21 21 41 13 5 2 749.1 169.5 17.% 1 915 124 26.2 84 238 22 MAY 34 963 2 714 431.3 28.5 13.6% 1 589 123 19.6 PIRELLI SPA 15 YEAR 21 63 32 2 618 44.2 235.1 11.3% 63 25 3.8 49 351 22 MAY 29 72 712 12.8 12.3 12.6% 1 321 32 5.5 RAS 15 YEAR 21 4 364 1 692 396.8 55.3 1.7% 384 16 3.8 1 15 22 MAY 24 718 34 227.3 48.7 2.5% 1 124 15 1.3 SEAT PAGINE GIALLE 15 YEAR 21 193 512 12 365 881. 74.3 6.3% 1 843 118 8.4 76 67 22 MAY 5 879 2 257 172.5 16.9 7.4% 2 313 13 7.8 S PAOLO - IMI 15 YEAR 21 145 754 2 228 983.6 159. 12.9% 1 388 21 9.4 27 37 22 MAY 115 211 619 669.5 134.3 56.7% 5 237 28 3.4 TELECOM ITALIA 15 YEAR 21 297 23 1 927 3 757.6 182.7 12.7% 2 831 14 35.8 116 45 22 MAY 26 315 1 597 32.3 12.1 6.3% 1 196 73 14.6 TELECOM ITALIA RSP 15 YEAR 21 192 248 9 263 1 32.5 48.1 11.5% 1 831 88 12.4 74 392 22 MAY 55 249 1 744 399.8 9.4 16.4% 2 511 79 18.2 TIM 15 YEAR 21 689 817 27 722 5 897.9 318.7 19.% 6 57 264 56.2 122 572 22 MAY 7 153 4 949 538.6 25.1 11.5% 3 189 225 24.5 TISCALI 15 YEAR 21 16 179 3 17 3.1 2.3.6% 154 3.3 9 527 22 MAY 3 23 496 5.2.4 2.% 147 23.2 UNICREDITO ITALIANO 15 YEAR 21 352 7 2 326 2 146.1 23.4 22.1% 3 352 22 2.4 14 88 22 MAY 236 814 526 1 537.7 26.8 6.3% 1 764 24 69.9 (1) Stock options trading began on 19.3.1996 (Eni, Fiat, Generali, Stet, Telecom Italia e Tim), on 23.9.1996 (Banca Commerciale Italiana, Edison, Imi, Ina, Mediaset e Montedison), il 2.1.1997 (Gemina, Mediobanca, Olivetti, Pirelli Spa, Stet rsp e Telecom Italia Rsp), on 19.7.1999 (AEM, Alitalia, Finmeccanica, Unicredito Italiano e Unim), on 2.9.1999 (ACEA, Alleanza, Banca di Roma, Monte dei Paschi di Siena e Seat Pagine Gialle), on 8.11.1999 (Enel), on 25.4.2 (Autostrade, Banca Intesa e Bipop), on 19.6.2 (RAS, Tiscali), on 18.9.2 (Gruppo Editoriale l'espresso), on 23.1.2 (E.Biscom), on 22.1.21 (Mediolanum) and on 19.2.21 (BNL). (2) The notional turnover is computed as the product of contracts number, strike prices and sizes. (3) As percentage on shares turnover (underlying shares). (4) Open positions at the end of period. Gross figures for options.

BORSA ITALIANA - MONTHLY KEY FIGURES - MAY 21 6 NEW LISTINGS RECENT EVENTS ISSUER SHARES TRADING EVENT 1st DAY SPONSOR FIRST DAY CAPITALISATION (EURO ML) - BORSA 15 LUXOTTICA O 4.12.2 SPO (placement of 2.3% of share capital) 7 928.14 UBM 16 MELIORBANCA O 13.12.2 IPO (placement of 25.2% of share capital) 538.99 INTERMONTE SECURITIES SIM, CABOTO SIM 1 ACEGAS O 28.2.21 IPO (placement of 41.9% of share capital) 371.32 INTERBANCA 2 LOTTOMATICA O 17.5.21 IPO (placement of 27.5% of share capital) 817.7 MEDIOBANCA 3 I VIAGGI DEL VENTAGLIO O 3.5.21 IPO (placement of 28.2% of share capital) 137.87 BANCA IMI 31 REPLY O 6.12.2 IPO (placement of 24.1% of share capital) 14.46 ROBERT FLEMING SIM 32 EL.EN O 7.12.2 IPO (placement of 29.4% of share capital) 112.65 MELIORBANCA 33 ENGINEERING O 12.12.2 IPO (placement of 2.% of share capital) 52.38 BANCA IMI, SG COWEN 34 DMAIL.IT O 22.12.2 IPO (placement of 22.5% of share capital) 14.6 CABOTO SIM, MERCATI FINANZIARI 1 PCU ITALIA O 2.3.21 IPO (placement of 31.7% of share capital) 85.9 ING BARINGS 2 DATALOGIC O 28.3.21 IPO (placement of 23.% of share capital) 238.93 MEDIOBANCA RECENT EVENTS SECURITIES INVESTORS _ MK OPERATION SECURITIES NUMBER DATE NEWLY SOLD MONEY SHARE- PUBLIC EMPLOYEES INSTIT. OTHER FROM TO ISSUED RAISED HOLDERS INVESTORS RIS AC BANCA POP. DI SONDRIO ORD 7.5 8.6 - - - - - - - - BBC AC BANCA POP. DI MILANO ORD 21.5 8.6 466.45-466.45 466.45 - - - - BO1 AC GR PREMUDA ORD 7.5 7.5 - - - - - - - - RIS AC GR BANCA POP. DI SONDRIO ORD 7.5 7.5 - - - - - - - - BBC AC GR BANCA MONTE DEI PASCHI DI SIENA ORD 21.5 21.5 - - - - - - - - BBC AC GR ROLO BANCA 1473 ORD 21.5 21.5 - - - - - - - - BBC OPS (IPO) LOTTOMATICA ORD (*) 7.5 1.5 227.72-227.72-95.64 3.28 118.47 1.32 BBC OPS BANCA POP. COMM. E IND. ORD (*) 14.5 18.5 365.4-365.4 74.11 186.62-14.67 - BO1 OPS (IPO) I VIAGGI DEL VENTAGLIO ORD (*) 21.5 23.5 41.4-41.4-1.1-28.19 2.84 NM RAGGR BBBIOTECH ORD 18.5 18.5 - - - - - - - - BBC RAGGR BANCA DI ROMA ORD 21.5 21.5 - - - - - - - - BBC RAGGR BENETTON GROUP ORD 21.5 21.5 - - - - - - - - BO1 RAGGR CIRIO FINANZIARIA ORD 21.5 21.5 - - - - - - - - BO1 RAGGR MONTEFIBRE ORD E RSP 21.5 21.5 - - - - - - - - BBC RAGGR PARMALAT FINANZIARIA ORD 21.5 21.5 - - - - - - - - During May the following securities have converted their nominal value in euro: Banca di Roma ord, Banca Monte dei Paschi di Siena ord, Banca Pop. dell'adriatico ord, Banca Pop. di Milano ord, Banca Profilo ord, Beghelli ord, Benetton Group ord, Cattolica Assicurazioni ord, Cirio Finanziaria ord, E.Biscom ord, Garboli Conicos ord, Generali ord, It Holding ord, La Fondiaria ord e rsp, Mediaset ord, Mediolanum ord, Milano Assicurazioni ord e rsp, Mirato ord, Montefibre ord e rsp, Navigazione Montanari ord, Parmalat Finanziaria ord, Reno de Medici ord e rsp, Rolo Banca 1473 ord, Sabaf ord, Saipem ord E rsp, Telecom Italia ord e rsp, Terme Demaniali di Acqui ord e rsp, Unimed ord e Unipol. TOTAL 21 a) CAPITAL INCREASES (euro millions) of which: - BORSA - MERCATO RISTRETTO b) OPVS TOTAL (euro millions) of which: - BORSA - MERCATO RISTRETTO of which: - NEW LISTINGS - BORSA - MERCATO RISTRETTO MONEY RAISED (euro millions) (a+b) INVESTMENT FLOWS CHANELLED THROUGH THE EXCHANGE (EURO MILLIONS) 13 2 953.18-2 953.18 2 953.18 - - - - 8 2 942.42-2 942.42 2 942.42 - - - - 5 1.76-1.76 1.76 - - - - - - - - - - - - 7 719.43 2 888.44 3 67.87 74.11 368.1 6.74 3 136.56 22.44 5 634.15 2 885.9 3 52.5 74.11 345.58 5.83 3 74.97 19.56 - - - - - - - - 2 85.27 2.54 87.82-22.43.91 61.59 2.88 5 354.3 167.62 521.64-181.39 6.74 311.7 22.44 3 268.75 165.7 433.82-158.96 5.83 249.48 19.56 - - - - - - - - 2 85.27 2.54 87.82-22.43.91 61.59 2.88 2 3 672.61 2 888.44 6 561.5 3 27.3 368.1 6.74 3 136.56 22.44 Legenda: AC Capital increase CONV E Euro Redenomination DIP Offer reserved for employees EST Foreign Company FRAZ Share split GR Scrip Issue (*) Before exercise of greenshoe option. INV.IST. IPO OPS OPV OPVS SPO Offer reserved for Institutional Investors Initial Public Offering Public offer for subscription Public offer for sale Public offer for sale and subscription Secondary Public Offering Research & Market Analysis Piazza degli Affari, 6-2123 - Milano Tel +39 2 72426.478 - Fax +39 2 8646.4323 e-mail: research@borsaitalia.it www.borsaitalia.it This document is for information purposes only. Borsa Italiana Spa accepts no liability for decisions taken or other work carried out by any party based on this document. The publication of this document is not, and should not construed as, an offer to buy or sell any financial instruments. 6 June 21-1.3