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UniCredit denies market rumors on a Fiat placement

Upon request of Consob, UniCredit categorically denies today's rumors on a possible placement of Fiat shares being the entire shareholding since long fully hedged.

Moreover, UniCredit reaffirms that market rumors of possible significant write-downs or a capital increase are unfounded, given its solid capital ratios.



Milan, 9 November 2007


Enquiries:

Media Relations:
+39 02 88628236; e-mail: MediaRelations@unicreditgroup.eu
Investor Relations:
+39 02 88628715; e-mail: InvestorRelations@unicreditgroup.eu