Monthly update on progress in share buyback programme

With reference to the share buyback programme launched pursuant to a press release issued on 17 December 2007, in the month of January 2008 Mediobanca acquired a total of 7,600,000 Mediobanca shares at an average price of €13.19 per share, for a total of approx.
€100.3m. Since the programme was launched a total of 9,635,000 shares have been bought, at an average price of €13.41 per share, for a total value of €129.2m.