Press release

CREDITO VALTELLINESE GLOBAL INDEX

The new index-linked financial product

Credito Valtellinese's "bank-insurance" initiatives now include additional financial products the Group offers in association with Risparmio & Previdenza (Cattolica Assicurazioni Group) and Julius Baer Group - Zurich: "Global Index serie I" and "Global Index serie II".

It is an index-linked product, which is considerably widespread and successful also on the Italian financial market. Global index return, in fact, is linked to some of the main international Stock-Exchange indices.

Global Index serie I is an investment with an advantageous sure minimum return and a maximum return (20% annual rate at most) resulting from the possible annual revaluation of Mib 30-Milan, Nikkei 300-Tokyo and FTSE 100-London.

In addition to security and profitability, the product offers the "single premium" together with all advantages offered by insurance products (tax allowance, non-seizable, non receivable by inheritance…) as well as a special additional insurance cover.

Credito Valtellinese shareholders can subscribe Global Index serie I (minimum subscription L.20 million) starting from September 15 at any Credito Valtellinese counter, as well as at Credito Artigiano counters, where they can also get information.

Global Index serie II is expected to be available within the second half of October. Its characteristics are essentially similar to the previous series. In addition to shareholders, also Credito Valtellinese Group customers can subscribe Global Index serie II.

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