Corporate

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.

Following the release of last March 27, we note that, as the conditions precedent provided by contract have been fulfilled, on today's date, Banca Popolare di Milano Scarl acquired 23,205,000 shares in Anima SGR p.a. from Banco di Desio e della Brianza, equal to 22.1% of capital, at the price of Euro 4.63 for share, for a total price of about Euro 107,000,000, paid in cash.

THE EXTRAORDINARY SHAREHOLDERS' MEETING OF BANCO DESIO APPROVES AMENDMENTS TO THE BY-LAWS IN COMPLIANCE WITH THE LAW ON SAVINGS

The Extraordinary Shareholders' Meeting of Banco di Desio e della Brianza S.p.A., meeting today in a first call, approved the draft amendment to the corporate by-laws aimed at implementing the provisions introduced by the "Law on Protecting Savings."

The provisions of the by-laws that were amended may be summarized as follows:

During today’s meeting, the Board of Directors of Banco Desio e della Brianza Spa resolved - following the attainment of the required authorizations on the part of Banca Popolare di Milano scarl from the supervisory bodies, in compliance with Article 15 of the Unified Text on Finance as well as Articles 53 and 67, paragraphs 1 and 2, of the Unified Banking Text – to sell 23,205,500 shares, equal to 22.1% of the share capital of Anima SGR, to Banca Popolare di Milano scarl at the price of Euro 4.63 per share and with a total countervalue of approximately 107 million Euro.