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Stake in Telecom Italia

25th Oct 2007 15:15

Telefonica SA25 October 2007 Further to the report registered yesterday, TELEFONICA, S.A., as provided inarticle 82 of the Spanish Stock Market Act (Ley del Mercado de Valores), herebyreports the following SIGNIFICANT EVENT TELEFONICA, S.A., ASSICURAZIONI GENERALI S.p.A., INTESA SANPAOLO S.p.A.,MEDIOBANCA S.p.A. and SINTONIA S.A. (BENETTON) have acquired today, October25th, 2007, the whole of the capital of OLIMPIA S.p.A., through the Italiancompany, TELCO S.p.A. which holds approximately 23.6% of the capital thatconfers voting rights of TELECOM ITALIA S.p.A. Madrid, October 25th, 2007. This information is provided by RNS The company news service from the London Stock Exchange

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TDE.L
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