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01/16/2002

The Mediolanum Group discloses the FY 2001 Preliminary Results

New record total net inflows: 3,422 million Euro +6%
New record life recurring premiums: 195 million Euro, +42%
Consolidated assets under administration: 21,399 million Euro, +20%



The Mediolanum Group closed 2001 with very satisfying results particularly considering the strong slow-down of the world economy.
The positive trend of the first nine months were proven out at December 12, 2001, permitting the Group to repeat record net inflows (+6%) and new business in recurring life premiums (+42%).

Consolidated Assets under Administration, despite the considerable depreciation due to the negative performance of the stock market, reached about 21,399 million Euro, increasing 20% in twelve months (17,852 million Euro as at December 31, 2000).
Excluding the assets of Banca Esperia (about 497 million Euro) and the controlled companies abroad, Fibanc (about 1,949 million Euro), and GAMAX (about 623 million Euro), total assets grew by 16% during the period to about 18,329 million Euro (15,739 as at December 31, 2000).

The following volumes were registered with respect to Italy:
Milan, January 16, 2002


Last update: January 16, 2002 - 15:00