BANCA MONTE DEI PASCHI DI SIENA S P A

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

ISIN:               XS0104940449

Issuer:             Monte Dei Paschi De Siena

Repurchase Date:    06.04.04      

Redemption amount:  ITL 1,055,000,000

New amount O/S:     ITL 87,990,000,000.10
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