Standard & Poor’s cut long-term rating, following downgrade to Republic of Italy

Press release

Standard & Poor’s cut Mediobanca’s long-term rating, following downgrade to ratings for Republic of Italy

Short-term rating confirmed

Mediobanca hereby gives notice that following its downgrade to the ratings for the Republic of Italy, subsequently extended to Italian banks as well, ratings agency Standard & Poor’s has reduced Mediobanca’s long-term rating from A+ to A. Its short-term rating A-1 and negative outlook are confirmed.

Milan, 22 September 2011