Nov 29 (Reuters) - Banca Monte dei Paschi di Siena CFO Francesco Mele tells an analysts' conference call:
* Cannot rule out alternative plan with the ECB, but very unlikely
* If bank should be in need of state aid, burden sharing exercise would be required for investors in the lender
* If bank should be in need of state aid, European authorities including DG Comp would be in "driving seat"
* If private funded capital boosting plan fails, one option could be precautionary recapitalisation by the state Further company coverage: (Reporting by Milan newsroom)