Mediaset SPA IWF Change In The S&P European Indices

Standard & Poor’s will make the following changes in the S&P Europe 350, S&P Euro Plus and S&P Euro indices effective after the close of trading Thursday, May 19, 2005:

• Mediaset SPA (Italy, SEDOL: 5077946, GICS: Consumer Discretionary, GICS Code: 25401020), a member of the S&P Europe 350, S&P Euro Plus and S&P Euro indices, Investable Weight Factor will change from 0.658 to 0.606. This is following the acquisition of ordinary shares by Banca Intesa, which has increased its holding to over 5 percent of shares outstanding.

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