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Banca Monte dei Paschi di Siena announces preliminary results of its Invitation to holders of nine series of subordinated securities (Tier 1, Upper Tier 2 and Lower Tier 2) to submit offers to exchange their securities for New Notes

06 July 2012 h.12:25

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY U.S. PERSON OR IN OR INTO THE UNITED STATES


Following the expiration on 5 July 2012 of the invitation (the “Invitation”) by Banca Monte dei Paschi di Siena S.p.A. (“BMPS”) to eligible holders of the securities described below (the “Existing Securities”) to submit offers (“Offers”) to exchange up to €1,250,000,000 in aggregate nominal amount or liquidation preference (as applicable) of Existing Securities for Euro denominated Senior Fixed Rate Notes due 2015 to be issued by BMPS under its Debt Issuance Programme (the “New Notes”), BMPS hereby gives notice of the preliminary results of the Offers. The Invitation in respect of each Series of Existing Securities was announced on 27 June 2012 and was made on the terms and subject to the conditions contained in the Invitation for Offers dated 27 June 2012 prepared by BMPS (the “Invitation for Offers”). Capitalised terms used in this announcement but not defined have the meanings given to them in the Invitation for Offers.


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