NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S.
Rome, 27 February 2012
Reference is made to the press release No. 07/2012 published by Cassa depositi e prestiti società per azioni (CDP) on 2 February 2012, as amended by the following press release No. 10/2012, relating to (a) tender offers for cash (the Offers) announced by CDP on 2 February 2012 for any and all of its outstanding €3,000,000,000 3.00 per cent. Covered Bonds due 31 January 2013 with ISIN Code: IT0003933717 and ¥10,000,000,000 1.862 per cent. Covered Bonds due 31 January 2017 with ISIN Code: IT0004197445, and (b) a meeting of Noteholders convened to consider an extraordinary resolution which, if passed, will allow CDP to (i) remove the 50% restriction on the principal amount of Covered Bonds that may be purchased by it, and (ii) remove any restrictions on the funds which CDP may use for the purpose ofany purchase of Covered Bonds, allowing CDP to use also Covered Bonds Segregated Rights (the Proposal).
The Offers and the Proposal are made on the terms and subject to the conditions contained in the tender offer memorandum dated 2 February 2012 as amended by the announcement dated 8 February 2012 and by the announcement dated 16 February 2012 (the Tender Offer Memorandum).
CDP hereby announces that the Meeting of the Bondholders convened by CDP for 24 February 2012 for the approval of the Proposal was adjourned through lack of quorum and that an adjourned Meeting will be held at the offices of Chiomenti Studio Legale at Via XXIV Maggio, No. 43, 00187 Rome, Italy at 10.00 a.m. (CET) on 12 March 2012.
The complete Notice of Adjourned Meeting dated 27 February 2012, containing all the relevant information in order to exercise the voting rights, is published on CDP website: www.cassaddpp.it.