Banche Popolari Unite SCRL



RE: BANCHE POPOLARI UNITE S.C.R.L.
    EUR 750,000,000.00
    MATURING: 05/Oct/2009
    ISSUE DATE: 05/Oct/2006
    ISIN: XS0269726393

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
05/Apr/2007 TO 05/Jul/2007 HAS BEEN FIXED AT 4.061000 PCT

DAY BASIS 91/360

INTEREST PAYABLE VALUE 05/Jul/2007 WILL AMOUNT TO:
EUR 513.27 PER EUR 50,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855
FAX: 44 20 7508 3866
Email: rate.fixing@citigroup.com
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