Intesa Sanpaolo and Banca Carige, Credito Valtellinese, Veneto Banca and Banca Popolare di Bari sign contracts of sale for 198 branch offices of the Intesa Sanpaolo Group
Joint press release pursuant to Article 114 of Legislative Decree No. . 58/98
Turin,Milan/Genoa/Sondrio/Montebelluna/Bari, October 5 2007 – Today, Intesa Sanpaolo signed contracts of sale (the “Transaction”) with Banca Carige, Credito Valtellinese, Veneto Banca and Banca Popolare di Bari (jointly referred to as the “Buyers”) related to the 198 branch offices (the “Network”) being sold by Intesa Sanpaolo, as established by the Antitrust Authority (“AGCM”) in Measure No. 16249 issued on December 20 2006 in relation to the merger between Banca Intesa and Sanpaolo IMI. The Network includes 198 branch offices throughout Italy (0.6% of the market), located in 11 regions and 16 provinces. The branch offices will be split as follows: