BANCA MONTE DEI PASCHI DI SIENA S P A

Please be advised that the following issue has been redeemed early;

ISIN:               XSXS0086996237

Issuer:             Monte Dei Paschi De Siena

Repurchase Date:    07/06/04     

Redemption amount:  EUR 1,169,775.00

New amount O/S:     EUR 40,376,595.67
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