DRAFT PRESS RELEASE



PRESS RELEASE


INTESA SANPAOLO: DBRS IMPROVES THE BANK'S TREND TO STABLE AND CONFIRMS ITS RATINGS

Turin - Milan, April 2nd 2015 - Intesa Sanpaolo announces that DBRS has confirmed the Bank's long-term rating at A (low) and improved the trend to Stable from Negative. DBRS has also confirmed the short-term rating at R-1 (low) and maintained the Stable trend.


This follows a similar action concerning the long-term rating of the Republic of Italy, announced by DBRS on March 27th 2015.


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