Banche Popolari Unite SCRL


Re:  Banche Popolari Unite S.C.R.L
     EUR 750,000,000.00
     MATURING: 05-Oct-2009
     ISIN: XS0269726393

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
07-Jan-2008 TO 07-Apr-2008 HAS BEEN FIXED AT 4.769000 PCT

DAY BASIS: ACTUAL/360

INTEREST PAYABLE VALUE 07-Apr-2008 WILL AMOUNT TO:
EUR 602.75 PER EUR 50,000.00 DENOMINATION
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