Press release

Fitch places CDP on Rating Watch Negative

Rome, 20 December 2011

Cassa Depositi e Prestiti Spa (CDP) announces that today the rating agency Fitch has placed the Long-term and Short-term Issuer Default Rating of CDP, currently "A+/F1", on Rating Watch Negative.

The decision comes in the wake of the same move taken by the agency for the ratings on the Republic of Italy on 16 December 2011.




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