SIENA, 29 November 2007 – The Board of Directors of Banca dei Paschi di Siena today approved the drawing up of new Agreements, to last four years and to replace those currently in existence, with the founding shareholders of Intermonte. The agreements reached provide, among other things, for the acquisition by the Mps Group of the founding shareholders’ interest, and the transfer to a newco, to be formed by the founding shareholders, of Intermonte’s operational business unit, corresponding to approximately 30% of the company’s assets. Once formed, the newco’s share capital will be held for 75% by the founding shareholders and 25% by the Mps Group.


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