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 February 2008 Mediobanca acquired a total of 6,656,000 Mediobanca shares at an average price of € 12.83 per share, for a total of approx. € 84.2m. Since the programme was launched a total of 16,200,000 shares have been bought, at an average price of € 13.17 per share, for a total value of € 213.4m.