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Investable Weight Factor Change For Tiscali SPA In The S&P/MIB Index

Date 29/12/2004

Standard & Poor’s will change the IWF (Investable Weight Factor) for Tiscali SPA (Italy, ISIN IT0001453924), a member of the S&P/MIB Index, from 0.54 to 0.609 effective at the close of trading Tuesday, January 04 2005. This is following the sale of ordinary shares by the Sandoz Family Foundation, which has reduced its holding to 9.204 percent of shares outstanding.

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