The Board of Directors of Credito Siciliano approves half-year figures as at 30 June 2005

(in thousands of euros)	30.6.2005	30.6.2004	var.
Net profit for the period	1,149	701	+63.9%
Interest margin	35,460	34,777	+2.0%
Brokerage margin	59,835	56,143	+6.6%
Gross operating profit	6,927	5,484	+26.3%
Gross profit on ordinary operations	3,538	2,138	+65.5%

(in thousands of euros)	30.6.2005	31.12.2004	var.
Direct deposits	2,015,643	1,973,789	+2.1%
Indirect deposits	1,460,398	1,373,469	+6.3%
Total deposits	3,476,041	3,347,258	+3.8%
Loans	1,539,566	1,521,626	+1.2%

Acireale, 1 September 2005. The Board of Directors of Banca dell'Artigianato e dell'Industria S.p.A., a bank in the Credito Valtellinese group, has examined and approved figures for the first half of 2005, which show an overall positive trend in operations: the gross operating profit is up 26.3%; the net profit is up 63.9% compared to 30/06/2004.

Overall deposits stand at 3,476.0 million euros (up 3.8% from December 2004), 2,015.6 million euros of which are direct deposits (up 2.1% from December 2004) and 1,460.4 million euros indirect deposits (up 6.3% from December 2004), 642.1 million euros of which are managed assets (up 14.5% from December 2004). Loans to customers, up 1.2% compared to December 2004, came in at 1,539.6 million euros.

The income statement shows an interest margin of 35.5 million euros (up 2.0% from June 2004). The brokerage margin reached 59.8 million euros (up 6.6% from June 2004); operating costs at the end of June 2005 amounted to 47.5 million euros (up 4.3% compared to the figure for June 2004).

The gross operating profit amounts to 6,9 million euros, showing a 26.3% increase over June 2004.

The profit on ordinary operations, net of depreciation, adjustments, and provisions, amounts to 3.5 million euros (up 65.5% from June 2004), whereas the net profit for the period, net of taxes for the year (2.4 million euros), came in at 1.1 million euros (+63.9%), as compared with 701 thousand euros in the first half of 2004.