Press Release

Milan, July, 21 2016 – With reference to the Issue named “Mediobanca International (Luxembourg) S.A. Issue of Euro 3,500,000 iTraxx Europe Cross-Over Credit-Linked Notes due December 2017” (ISIN: XS0862613089), series 161 issued by Mediobanca International (Luxembourg) S.A., Mediobanca – Banca di Credito Finanzario S.p.A., as Guarantor, has published a Notice stating that on 20th June 2016 a third credit event with respect to Reference Entity Portugal Telecom International Finance B.V.. In accordance with the relevant Final Terms, the New Rate of Interest and the new Final Redemption Amount have been determined by the Calculation Agent Mediobanca – Banca di Credito Finanzario S.p.A..