Investable Weight Factor Change For Telecom Italia Mobile SPA In The S&P/MIB Index

Standard & Poor’s will change the IWF (Investable Weight Factor) for Telecom Italia Mobile SPA (Italy, ISIN IT0001052049), a member of the S&P/MIB Index, from 0.439 to 0.146 effective at the close of trading Tuesday, January 25, 2005. This is following the acquisition of ordinary shares by Telecom Italia SPA, which has increased its holding to 85.4% of shares outstanding.

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