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UniCredit announces that BA-CA Supervisory Board has decided on provisions

Ad-hoc-Meldung / Ad hoc Release
nach § 15 WpHG / pursuant to § 15 of the German Securities Trading Act
UniCredit announces that BA-CA's Supervisory Board has decided on provisions

UniCredit announces that the Supervisory Board of Bank Austria Creditanstalt (BA-CA) approved a restructuring plan regarding infrastructure investment, reorganization and restructuring measures in the Retail Division, the Corporate Division, in Markets and Investment Banking, Global Banking Services, Support Services and Risk Management. This plan has an impact on BA-CA's results of the fourth quarter of 2006 with estimated provisions of EUR 225 million. BA-CA will publish the results for the 2006 financial year on 21 March 2007.
These assessments are subject to the following disclaimer:
Certain of the statements contained herein may be statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. UniCredito Italiano S.p.A. assumes no obligation to update any information contained herein.

Milan, 25 January 2007
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)

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