CAPITAL INCREASE OF UNICREDIT: 99.8% SUBSCRIBED AT THE END OF THE SUBSCRIPTION PERIOD

UniCredit informs that 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.

“Our capital increase has been a historic achievement. The conclusion of the rights issue makes UniCredit one of the best capitalized banks in Italy as well as in the Eurozone, with a capital base above any current regulatory requirements. UniCredit is not just one of the largest banking groups in Europe. In November 2011 it has been named by the G20 leaders as one of the 29 global systemically important financial institutions in the world”, said Federico Ghizzoni, UniCredit CEO.

At the end of the Subscription Period, 4,601,714 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.

About UniCredit:
UniCredit is a leading European bank with strong roots in 22 countries. Our overall global network embraces approximately 50 markets, with over 9,500 branches and more than 160,000 employees (as of 30 September 2011).

In the CEE region, UniCredit runs the largest international banking network with more than 3,900 branches. The Group operates in Austria, Azerbaijan, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Germany, Hungary, Italy, Latvia, Lithuania, Kazakhstan, Kyrgyzstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey and Ukraine.

Enquiries:
Media Relations department +39 02 88628236
MediaRelations@unicredit.eu