Trading Notice - 0089

Date: 8th September 2008

Priority: Notification Bulletin

Subject: Chi-X commences services in Italian stocks with EMCF N.V. on Monday 29 th September 2008

Sent from: Trading Operations

Message:

Chi-X Europe Limited (Chi-X), after working closely with European Multilateral Clearing Facility (EMCF) and Monti Titoli, is pleased to announce the extension of services to the Italian market.

EMCF and its account operator, BNP Securities Services Milan Branch, have been testing the settlement of instructions in Italian equities with Monte Titoli during the last few weeks. Testing has progressed well, and EMCF expects to finish its testing successfully on Friday 19 th September 2008.

Chi-X and EMCF propose a launch of their services in Italian equities on Monday 29th September 2008 subject to Monte Titoli implementing their new system release in the last weekend of September (its current schedule), and provided the Italian regulatory authorities do not object to Monte Titoli providing central securities depository services to EMCF.

As requested by Trading Participants, the following proposed S&P MIB40 stocks will be available to trade from Monday 29 th September 2008:

CHI-X Bloomberg Name CHI-X RIC CHI-X RIC Bloomberg ISIN Code Code SpA ENEI.I ENEI.MI ENEImi.CHI ENEL IM ENEI IX IT0003128367

ENI SpA .I ENI.MI ENImi.CHI ENI IM ENI IX IT0003132476

Fiat SpA FIA.I FIA.MI FIAmi.CHI F IM FIA IX IT0001976403 Intesa ISP.I ISP.MI ISPmi.CHI ISP IM ISP IX IT0000072618 Sanpaolo SpA SpA CRDI.I CRDI.MI CRDImi.CHI UCG IM CRDI IX IT0000064854

1 In keeping with our operational model we will initially make these stocks available for trading and subsequently add the balance of the S&P MIB40 constituents to commence trading on Monday 6 th October 2008.

CHI-X Bloomberg Name CHI-X RIC CHI-X RIC Bloomberg ISIN Code Code SpA A2M.I A2.MI A2mi.CHI A2A IM AEMI IX IT0001233417 Alleanza ALZI.I ALZI.MI ALZImi.CHI AL IM ALZI IX IT0000078193 Assicurazioni SpA Arnoldo Mondadori Editore MNDI.I MOED.MI MOEDmi.CHI MN IM MNDI IX IT0001469383 SpA Assicurazioni GASI.I GASI.MI GASImi.CHI G IM GASI IX IT0000062072 Generali SpA SpA ATLI.I ATL.MI ATLmi.CHI ATL IM AUTS IX IT0003506190 SpA AUTI.I AGL.MI AGLmi.CHI AGL IM AUTI IX IT0001137345 Banca Monte dei Paschi di Siena BMPS.I BMPS.MI BMPSmi.CHI BMPS IM BMPS IX IT0001334587 SpA Banca Popolare di PMII.I PMII.MI PMIImi.CHI BPM IM PMII IX IT0000064482 Milano Scarl BPM.I BAPO.MI BAPOmi.CHI BP IM BPM IX IT0004231566 SC Bulgari SpA BULG.I BULG.MI BULGmi.CHI BUL IM BULG IX IT0001119087 Buzzi Unicem SpA BZU.I BZU.MI BZUmi.CHI BZU IM BZU IX IT0001347308 Fastweb FWB.I FWB.MI FWBmi.CHI FWB IM FWB IX IT0001423562 Finmeccanica SpA SIFI.I SIFI.MI SIFImi.CHI FNC IM SIFI IX IT0003856405 Fondiaria-Sai SpA FOSA.I FOSA.MI FOSAmi.CHI FSA IM FOSA IX IT0001463071 Geox SpA GEOX.I GEO.MI GEOmi.CHI GEO IM GEOX IX IT0003697080 Gruppo Editoriale ESPI.I ESPI.MI ESPImi.CHI ES IM ESPI IX IT0001398541 L'Espresso SpA Impregilo SpA IPGI.I IPGI.MI IPGImi.CHI IPG IM IPGI IX IT0003865570 Italcementi SpA ITAI.I ITAI.MI ITAImi.CHI IT IM ITAI IX IT0001465159 Lottomatica SpA LTO.I LTO.MI LTOmi.CHI LTO IM LTO IX IT0003990402 Luxottica Group LUX.I LUX.MI LUXmi.CHI LUX IM LUX IX IT0001479374 SpA SpA MS.I MS.MI MSmi.CHI MS IM MS IX IT0001063210 SpA MDBI.I MDBI.MI MDBImi.CHI MB IM MDBI IX IT0000062957 Mediolanum SpA MED.I MED.MI MEDmi.CHI MED IM MED IX IT0001279501 Parmalat SpA PML.I PLT.MI PLTmi.CHI PLT IM PML IX IT0003826473 & C SpA PECI.I PECI.MI PECImi.CHI PC IM PECI IX IT0000072725 Prysmian SpA PRYI.I PRY.MI PRYmi.CHI PRY IM PYRI IX IT0004176001 SpA SPMI.I SPMI.MI SPMImi.CHI SPM IM SPMI IX IT0000068525 Seat Pagine Gialle PGI.I PGIT.MI PGITmi.CHI PG IM PGI1 IX IT0003479638 SpA Rete Gas SRG.I SRG.MI SRGmi.CHI SRG IM SRG1 IX IT0003153415 SpA Telecom Italia TIT.I TLIT.MI TLITmi.CHI TIT IM TIT IX IT0003497168 SpA SA TENR.I TENR.MI TENRmi.CHI TEN IM TENR IX LU0156801721 Terna Rete Elettrica Nazionale TRN.I TRN.MI TRNmi.CHI TRN IM TRN IX IT0003242622 SpA Unione di Banche BPUN.I UBI.MI UBImi.CHI UBI IM BPUN IX IT0003487029 Italiane SCPA Gruppo UNPI.I UNPI.MI UNPImi.CHI UNI IM UNPI IX IT0001074571 Finanziario SpA

Participants are invited to contact Chi-X or EMCF if they wish to further their own internal test programs.

2 Tick Sizes for the above stocks will be kept in line with the primary market of listing.

Please Note: Current Trading Participants that have not indicated that they would like access to the above market will be required to complete, sign and return the Access to Markets Form to Chi-X Compliance. This form can be accessed through the link below. http://www.chi-x.com/docs/Access%20to%20markets%20amendment%20form.pdf

Any queries regarding this notice should be directed to:

Name Telephone Email

Trading Surveillance +44 (0)20 7131 3399 [email protected] & Compliance

Technical +44 (0)20 7131 3300 [email protected] Operations

Please be aware, that while every effort has been made to ensure its accuracy, Chi-X Europe Ltd is unable to accept responsibility for any errors in information provided to you in this notice. Chi-X Europe Ltd is regulated by the FSA and registered in England & Wales under company registration no 01651728.

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