Performance share Scheme for Group staff

At a Board meeting held on 21 September 2010, the Directors of Mediobanca approved inter alia a performance share scheme for Mediobanca Group staff, to be submitted to the approval of shareholders in a general meeting to be held on 28 October 2010, along with the following proposals:

a) authorization to increase the company’s share capital via the issue of 20 million new shares, reserved for subscription by Mediobanca Group staff by 28 October 2013, to be approved today under Article 2349 of the Italian Civil Code, and;

b) amendment to the resolution approved by shareholders in a general meeting held on 27 October 2007 in respect of the treasur shares owned by the Bank, to allow them to be used also in connection with share-based payment schemes for Group staff.