Unipol Group - The BoD approved the consolidated results of the first quarter of 2006

Aggregate income from insurance business reached €2,526m (+20.2% compared with 31 March 2005), €972m of which were from Non-Life business (+2.8%) and €1,554m from Life business and Investment Products (+34.3%) IAS/IFRS-compliant consolidated direct premium income was €2,101m (+20.9% compared with 31 March 2005), €972m of which related to Non- Life business (+2.8%) and €1,129m to Life business (+42.4%) Customer deposits in banking business reached €8,635m (+24.2% compared with 31 December 2005) and customer funds €26,876m (+13.7%) Investments and liquid assets rose to €36,809m (+2.5% compared with 31 December 2005) Consolidated net profit stood at €118m (+21.4%) and profit for the Group at €104m (+17.4%)