PRESS RELEASE

THE BORSA ITALIANA GROUP
WILL OBSERVE THREE MINUTES OF SILENCE ON JANUARY, 5
TO COMMEMORATE THE VICTIMS OF THE TSUNAMI DISASTER

Borsa Italiana, CC&G (Cassa di Compensazione e Garanzia), Monte Titoli as well as the other Borsa Italiana Group subsidiaries will join the Federation of European Securities Exchanges (FESE) members to commemorate the victims of the countries affected by the tsunami disaster on 26 December 2005 by observing three minutes of silence at 12.00 (CET) on January, 5. The trading systems will remain open.

Borsa Italiana has asked intermediaries to join this initiative.

Milan, 3 January 2005


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