Banche Popolari Unite SCRL


Re:  Banche Popolari Unite S.C.R.L
     EUR 130,000,000.00
     MATURING: 19-Apr-2013
     ISIN: XS0250815361

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
19-Oct-2007 TO 21-Jan-2008 HAS BEEN FIXED AT 4.79 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 21-Jan-2008 WILL AMOUNT TO:
EUR 1,249.42 PER EUR 100,000.00 DENOMINATION
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