Bonds

Mediolanum S.p.A. has drafted the Basic Prospectus below, as part of a bond issue project approved by the Board of Directors on July 31 2012, consisting of fixed- and/or floored variable-rate non-convertible bonds up to a total amount of €300 million, which can be placed on the Italian market for underwriting by the general public no later than December 31 2013 through the placement agent Banca Mediolanum S.p.A.

Under this Basic Prospectus, Mediolanum S.p.A. may issue bonds as part of its "Programma di emissione di prestiti obbligazionari denominati..." (Issue Program for bonds named...)

A) "Mediolanum S.p.A. Obbligazioni a Tasso Fisso"; (fixed-rate bonds)
B) "Mediolanum S.p.A. Obbligazioni a Tasso Variabile con floor". (variable-rate bonds with floor)

The offering of the above mentioned bonds will be carried out in line with the rules set forth in the Consolidated Finance Law ("TUF") currently in force, and in the "Issuers Regulation" adopted by CONSOB (resolution n. 11971 dated May 14 1999, as subsequently amended).

This Basic Prospectus, filed with CONSOB on February 6 2013 following approval communicated in note #13006150 dated January 23 2013, shall be valid for 12 months from the publication date.

Basic Prospectus
filed with CONSOB on Feb. 6, 2013 (Italian version)

Notice of publication of the Basic Prospectus (Italian version)

Registration Document - lodged with CONSOB on 9 January 2013 (Italian version)

Notice of publication of the Registration Document (Italian version)

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