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Notice to the Noteholders ISIN XS0925177130

"USD750,000,000 Fixed Rate Lower Tier II Subordinated Callable Notes due 2 May 2023"

ISIN XS0925177130



With reference to the above issue, UniCredit S.p.A., in accordance with the relevant Final Terms dated 30 April 2013, obtained the prior approval of the relevant authority, will exercise its option to early redeem in whole the Notes on 2 May 2018 (the "Optional Redemption Date").

The early redemption of the issue will be at par and the interests shall cease to accrue on the Optional Redemption Date.




Milan, 12 April, 2018



UniCredit S.p.A.






Media Relations: Tel. +39 02 88623569;



Investor Relations: Tel: +39 02 88621872;