Pursuant to Article 2.6.2 of the Regulation of Borsa Italiana S.p.A., the 2011 financial calendar is listed below:

• 16 March 2011 - Board of Directors: approval of the draft of the annual report and consolidated annual report for the year ended 31 December 2010.
• 19 April 2011 (first call) - 20 April 2011 (second call): General Shareholders’ Meeting to approve the Annual Report for the year ended 31 December 2010.
• 10 May 2011 - Board of Directors: interim report on operations at 31 March 2011.
• 3 August 2011 - Board of Directors: first half report at 30 June 2011. 
• 9 November 2011 - Board of Directors: interim report on operations at 30 September 2011.

The conference call to present accounting figures to the Financial Community will normally be held the same day as the meeting of the Board of Directors, unless otherwise announced.

If any changes should occur, the market will promptly be informed.