Press release

Credito Valtellinese annual stockholders' meeting to be broadcast live on the Internet

Sondrio, Wednesday April 10 2002 - On the occasion of the Credito Valtellinese Annual Stockholders' Meeting, the details of the 2001 balance sheet, along with the reports about the bank's activity over last year will be broadcast live on the Credito Valtellinese's official website (www.creval.it). The annual meeting will be held on Saturday, April 20 2002, starting from 9.30 a.m.

This initiative is basically aimed at offering the Group's clientele an opportunity to share a fundamental moment of the corporate life.

Since the Credito Valtellinese has always been committed to satisfying the customers' requirements by offering a wide range of advanced products and services via the Internet (i.e. the banc@perta line), the number of banc@perta users currently stands at 32,000. As far as the Group's clientele is concerned, the overall number of users is now close to 100,000.

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