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Notice to the Noteholders "S$300,000,000 Fixed Rate Lower Tier II Subordinated Callable Notes Due 30 July 2023"

ISIN XS0878681419


With reference to the above issue, UniCredit S.p.A. in accordance with the relevant Final Terms dated 29 January 2013, obtained the prior approval of the relevant authority, will exercise its option to early redeem in whole the Notes on 30 July 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, 10 July, 2018



UniCredit S.p.A.






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Tel +39 02 88624324

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