UniCredit informs that today the pre-emptive offering to existing holders of ordinary and savings shares of no. 3,859,602,938 new ordinary shares of UniCredit with no par value (the “Shares”) as approved by the Extraordinary Shareholders’ Meeting of 15 December 2011 was completed.

During the subscription period (9 January 2012 – 27 January 2012 in Italy, Germany and Austria and 12 January 2012 - 27 January 2012 in Poland, the “Subscription Period”) 1,925,199,755 subscription rights were exercised and, thus, 3,850,399,510 Shares were subscribed representing 99.8% of the total offered Shares, for an aggregate amount of Euro 7,481,326,247.93.

At the end of the Subscription Period, 4,601,714 rights (the “Rights”) relating to the subscription of 9,203,428 Shares, equal to 0.2% of the offered Shares, for an aggregate amount of Euro 17,882,260.60, remained unexercised.

The Rights will be auctioned by the Company, through UniCredit Bank AG, Milan Branch, on the Stock Exchange, pursuant to Article 2441, paragraph 3, of the Italian Civil Code. UniCredit will issue a press release to inform the market of the timetable regarding the auction on the Stock Exchange.

UniCredit informs that the offering is underwritten by a syndicate coordinated and led by BofA Merrill Lynch, Mediobanca and UniCredit Corporate & Investment Banking who will be acting as Joint Global Coordinators and Joint Bookrunners and will include, in addition to BofA Merrill Lynch and Mediobanca, Banca IMI, BNP PARIBAS, Credit Suisse, Deutsche Bank, HSBC, J.P. Morgan, Société Générale and UBS who will be acting as Joint Bookrunners; ING, Nomura, RBC, RBS and Santander who will be acting as Co-Bookrunners; BBVA, Credit Agricole CIB, Mizuho International plc and MPS Capital Services who will be acting as Co-Lead Managers and BANCA AKROS S.p.A., Banca Aletti & C. S.p.A., Banca Carige S.p.A., Equita SIM S.p.A., Intermonte, Investec Bank plc and Keefe, Bruyette & Woods, Ltd who will be acting as Co-Managers. The underwriting syndicate members have committed, severally and not jointly, to subscribe any new ordinary shares that should remain unsubscribed at the end of the offering and of the following offer on the MTA of the unexercised subscription rights pursuant to Article 2441, paragraph 3, of the Italian Civil Code, up to a total amount of Euro 7.5 billion. The underwriting agreement contains, inter alia, usual clauses which condition the effectiveness of the underwriting commitments or which grant underwriters the right to terminate the agreement, in line with international best practice.

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UniCredit Bulbank, Identity & Communications Department

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More information for clients: UniCredit Bulbank, Call Centre Phone: 0700 1 84 84