BPS -1x Bp

    BANCA MONTE DEI PASCHI DI SIENA S P A

Please be advised that the following repurchase has taken place:

ISIN:              XS0104940449
Issuer:            Monte Dei Paschi di Siena
Value Date:        05.11.2004
Repurchase Amount: EUR 1,146,534.32
New Amount O/S:    EUR 44,296,818.32

Please amend your records accordingly.

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