UNICREDIT (UCG): Decisions of the Board of the Directors and effects on profitability and capital ratios trends foreseen for the current year - raport 76

Raport bieżący nr 76/2008
Podstawa prawna:

Art. 56 ust. 1 pkt 2 Ustawy o ofercie - informacje bieżące i okresowe

Date: December 18, 2008

Current Report No. 76/2008

Pursuant to § 36 of the Ordinance of the Minister of Finance of October 19, 2005 on current and periodic information submitted by issuers of securities (Journal of Laws No. 209, Item 1744), UniCredit S.p.A. ("UCI") hereby provides the English language version of the current report (press release) prepared by UCI, as well as the Polish translation thereof.

PRESS RELEASE

Decisions of the Board of the Directors and effects on profitability and capital ratios trends foreseen for the current year

The Board of Directors of UniCredit Group, given the current adverse market conditions, has decided not to pursue the disposal of the real estate fund in the terms originally planned. Instead, the Board has approved a possible transaction consisting of a smaller disposal of real estate assets through a fund. The Group communicates that, as of today, it expects to achieve a consolidated net profit of around Euro 4 bn in 2008, without including such possible transaction. The Group confirms its capital strengthening plan aimed at reaching a Core Tier 1 ratio of approximately 6.7 % at year end.
Wioletta Reimer - Pełnomocnik UniCredit