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Board Of Directors Of Borsa Italiana

Date 24/11/2006

The Board of Directors of Borsa Italiana honours the memory of Mr. Enzo Berlanda, Borsa Italiana’s board member since 1997, the effort he devoted to the growth and consolidation of the Italian financial market and his outstanding moral and professional qualities.

The Board of Directors has then examined the international exchange industry scenario with reference to the recent events, positively valuating the role carried out by Borsa Italiana and verifying the existence of important opportunities to further enhance the capability of the Group.

The analysis of these opportunities will continue in the next weeks.