Source - BUS

Post Stabilisation Notice

Banca IMI S.P.A

Not for the distribution, directly or indirectly into the United States or any jurisdiction in which such distribution would be unlawful.

Issuer: REPUBLIC OF ITALY

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Post Stabilisation Notice

Banca IMI S.p.A. (contact: Banca IMI Syndicate Desk; telephone +39 02 7261 6502) hereby gives notice that no stabilization was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

The Securities:    
Issuer: REPUBBLICA ITALIANA – REPUBLIC OF ITALY
Guarantor (if any):  
Aggregate Nominal Amount: EUR 5,000,000,000 (€5bn)
Description: BTP (Buoni Poliennali del Tesoro) 2.8% due 01 March 2067
Other Offer Terms:

RegS in dematerialised book entry form, 144A eligible, CACs
ISIN IT0005217390

Stabilising Managers: Banca IMI (Co-Ordinating Stab Manager)
BNP Paribas
HSBC
Goldman Sachs International Bank
J.P. Morgan
UniCredit

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.