UniCredito Italiano - UniCredit has approved a capital increase linked to the Group Long Term Incentive Plan 2008

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 40 / 2008

Data sporządzenia: 2008-06-26

Skrócona nazwa emitenta

UniCredito Italiano

Temat

UniCredit has approved a capital increase linked to the Group Long Term Incentive Plan 2008

Podstawa prawna

Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe

Treść raportu:

Date: June 26, 2008 Current Report No. 40/2008 Pursuant to § 36 of the Ordinance of the Minister of Finance of October 19, 2005 on current and periodic information submitted by issuers of securities (Journal of Laws No. 209, Item 1744), UniCredito Italiano S.p.A. ("UCI") hereby provides the enclosed English language version of the current report (press release) prepared by UCI, as well as the Polish translation thereof. PRESS RELEASE UniCredit has approved a capital increase linked to the Group Long Term Incentive Plan 2008 New Committee appointments UniCredit Board of Directors has approved a capital increase linked to the Group Long Term Incentive Plan 2008 (the “Plan") for a selected group of key people. The Plan provides for the allocation to 1,192 selected key managers and employees of the Group of 78,195,846 stock options and the promise to grant 18,785,807 performance shares, conditional upon achieving a mix of external and internal performance targets set at Group level in the Strategic Plan. The Plan is designed to support the achievement of the Group’s strategic objectives, the growth in UniCredit share-price in line with Shareholders expectations and the retention of Key Talents strategic for its success. UniCredit Board of Director also resolved on the appointment of Mrs Marianna Li Calzi – recently appointed as Director by the shareholders’ meeting of the company held on May 8, 2008 – as member of the Internal Controls & Risks Committee instead of the Deputy Chairman Mr. Berardino Libonati, who joins the Remuneration Committee. Vienna, 26th June 2008 Enquiries: Media Relations: Tel. [phone]; e-mail: [email protected] Investor Relations: Tel. [phone]; e-mail: [email protected]

MESSAGE (ENGLISH VERSION)

UniCredito Italiano S.p.A.

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UniCredito Italiano Banki (ban)

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Via Marco Minghetti 17

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PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2008-06-26 Dariusz Choryło Attorney of UniCredit