Press release

IFIL - IFIL Group purchases 10% of Banca LeonardoApril 24, 2006

Following the authorization by the relevant authority, IFIL Group closed
today the purchase of 10% of Banca Leonardo S.p.A.’s capital stock,
investing around € 46 million.
The investment in Banca Leonardo will help to strengthen IFIL’s
strategy aimed to seize new interesting investment opportunities and
create value to the advantage of all its stockholders.

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