Approval of the industrial plan 2008-2009

The Board of Directors of Banco di Desio e della Brianza S.p.A. has approved the Group's Industrial Plan for 2008 – 2009. The Plan presents its strategy of continuing a management policy that is focused on the retail bank's core business, for private clients and small to mediumsized undertakings, and on territorial development, primarily through in-house lines, with plans to open a total of 30 affiliates in the next two years, while continuing to monitor potential acquisition opportunities that emerge on the market.

The principal figures resulting from the hypothetical economic and financial development that will be achieved by following the guidelines in the 2008-2009 Industrial Plan were based on the anticipated macroeconomic scenario and regulatory developments underway. Information on trends in volumes and interest rates was taken from recent sector studies and forecasts by specialized companies, appropriately adapted to the Company's situation in the specific markets of reference.
 
At the consolidated level, the equity growth the Plan anticipates for 2008-2009 may be summarized as follows:

With regard to the principal economic indicators, it is anticipated that at the end of the two year period, an administrative expense / earning margin ratio of about 56% will have been achieved, with R.O.E. of over 14%.

Group Equity, expected to increase based on economic results and profit reinvestment policies, anticipates maintaining current supervision ratios, with a Tier 1 coefficient of over 10% for the two year period.

Desio, October 25, 2007

BANCO DI DESIO E DELLA BRIANZA SPA
The President