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Ministry of Economy and FinanceAMOUNT OF BTPS FOR ISSUE

Press Release N° 188 of 12/09/2008

Further to the press release of 4 December 2008, the MEF announces the amount of BTPs to be offered at the auction of 12 December 2008.

- on-the-run BTPs (Long Term Treasury Bonds):

start date - maturity: 1 February 2008/1 August 2023; sixth tranche

nominal amount of issue:

from a minimum of 750 million euro to a maximum of 1,500 million euro

- off-the-run BTPs (Long Term Treasury Bonds):

start date - maturity: 15 April 2007/2012; thirteenth tranche

start date - maturity: 1 February 2004/1 August 2014; seventeenth tranche

overall amount, for the two issues:

from a minimum of 1,500 million euro to a maximum of 2,500 million euro

As previously announced, all of the above-mentioned bonds will be placed using the uniform-price auction mechanism, with allotment price and issuance amount being set discretionally.

Rome 12/09/2008

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