Fondiaria - Sai: annoucement pursuant to Article 114 of the Legislative Decree no. 58/1998

Corporate: Financial
Thursday, October 9, 2008

Fondiaria-SAI S.p.A. ("Fondiaria-SAI") hereby announces that on today's date it launched – pursuant to its obligations under the purchase agreement for the shares representing approximately 83.32 per cent. of the share capital in the Serbian joint stock company for insurance and reinsurance DDOR Novi Sad ("DDOR"), which came into effect on 31 January 2008, as already announced to the market – a public takeover offer for all the remaining 352,701 ordinary shares in DDOR, representing approximately 16.68 per cent. of the share capital of DDOR (the "Offer").

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