Banca Popolare Dell Etruria E Del Lazio Societa Cooperativa Completes Etruria Securitisation SPV 2012 Securitisation with Issue of EUR 644 Million Asset Backed Securities

Banca Popolare Dell Etruria E Del Lazio Societa Cooperativa (Banca Etruria) announced that it has completed the securitization of performing mortgage loans qualified as mutui chirografari (unsecured loans), mutui fondiari (Fondiari Mortgage Loans) and mutui ipotecari (Ipotecari Mortgage Loans), implemented via Etruria Securitisation SPV Srl, to which on July 2012, Banca Etruria transferred, on a nonrecourse basis, pursuant to the Italian securitization law no. 130/1999 and to Article 58 of the Italian Consolidated Banking Act, a portfolio of performing unsecured and secured loans, totaling EUR 644 million and relating to 4,984 loans and earmarked to issue ABS (Asset Backed Securities). The ABS issue for a total of EUR 644 million – totally purchased by Banca Etruria – features one class with ratings from Moody’s Investors Service Inc. A2(sf) e DBRS Ratings Limited A (high) sf, for the amount of EUR 427 million (3M Euribor +0.50%), listed at Luxembourg Stock Exchange; and one Junior, unrated class of EUR 217 million. The legal maturity date for all ABS is January 26, 2055. UBS Investment Bank was the Arranger, while the Legal Adviser for all counterparties have been Associate legal firm of Ashurst LLP - Milan and the legal firm Ashurst LLP – London. With Etruria Securitisation SPV 2012, Banca Etruria has implemented its fifth securitisation transaction of performing mortgage loans.