Emilio Tonini leaves after three years of results culminating in the 2005 record

Antonio Vigni is the new General Manager of Banca Monte dei Paschi di Siena. The Board of Directors decided his appointment today, expressing its gratitude to Emilio Tonini who, after having held many positions in the MPS Group, had been its General Manager since June 2003.

During these three years the results achieved by the Bank and by the Group as a whole have permitted constant growth of earnings, up to the all-rime record of 2005 accounts (Euro 790 million of net profit) and of the first quarter in 2006 (Euro 277.5 million of net profit, i.e. 70.1% vs. 1Q05).