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Ad-hoc-Meldung/Ad hoc Release nach § 15 WpHG/pursuant to § 15 of the German Securities Trading Act - Response to the Polish Ministry of State Treasury?s Statement

Ad-hoc-Meldung / Ad hoc Release
nach § 15 WpHG / pursuant to § 15 of the German Securities Trading Act
Response to the Polish Ministry of State Treasury's Statement

UniCredit reaffirms its strong belief that it has not breached the Pekao Privatization Agreement, as clearly explained in the recent correspondence with the Polish Ministry of State Treasury. In any case it firmly believes that the non-compete clause contained in the Pekao privatization agreement is no longer enforceable under applicable EU law. UniCredit will resist any attempt of unwinding the Agreement.
UniCredit notes with surprise the lack of response from the Ministry of State Treasury in relation to UniCredit's proposals to have a meeting to discuss the matter together. 

UniCredit, also in consideration of its continuous commitment to the Polish community and its role of long term and stable investor in Poland, confirms its readiness to discuss further plans to strengthen the Polish financial services market and its position as a major centre for business in the region.
UniCredit believes that European cross-border consolidation in the financial market will bring significant benefits to all the EU member states and given that UniCredit/HVB represents the first truly cross-border transaction, Poland could be one of the first EU countries to benefit from it.


Media Relations:
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Investor Relations:
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UniCredito Italiano S.p.A.
Via San Protaso 1/3
20121 Milano

Securities listed on German regulated markets:
ISIN IT0000064854
WKN: 850832
Listed: Official Market (Amtlicher Markt), Frankfurt Stock Exchange (General Standard)