52VB Emirate Ab 51 A

        
 Re:                                                                                                 Banche Popolari
Unite S.C.R.L
                                                                                                     EUR 500,000,000.00
                                                                                                     MATURING:
20-Jun-2012
                                                                                                     ISIN: XS0221671547
                                                                                                                                  
 PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
 22-Dec-2008 TO 20-Mar-2009 HAS BEEN FIXED AT 3.325000 PCT
  
 DAY BASIS: ACTUAL/360
  
 INTEREST PAYABLE VALUE 20-Mar-2009 WILL AMOUNT TO:
 EUR 406.39 PER EUR 50,000.00 DENOMINATION
    
    
    

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