Notice to the noteholders - Isin XS0170806524

NOTICE OF EARLY REDEMPTION TO THE NOTEHOLDERS OF THE
“EURO 150,000,000 4.80 PER CENT. CALLABLE NOTES DUE 2023”
ISIN CODE XS0170806524 (THE “NOTE”)

Notice is hereby given that, in accordance with item 21 of the Pricing Supplement dated 30 June 2003 and Condition 9(c) of the Terms and Conditions of the Notes, UniCredit S.p.A. will exercise its option to early redeem the Note on 30 June 2010. On the Optional Redemption Date the Issuer will redeem in whole the Note at 100% of their outstanding principal amount together with interest accrued but unpaid at such date.

UniCredit S.p.A.

Milan, 19 June 2010

Enquiries:

Media Relations:
Tel. +39 02 88628236; e-mail: MediaRelations@unicreditgroup.eu

Investor Relations:
Tel. + 39 02 88628715; e-mail: InvestorRelations@unicreditgroup.eu