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Telecom Italia about IM.SER. S.p.A.

10/26/2000 - 12:00 PM

With regards to the announced project to enhance the value of Telecom Italia´s property assets, IM.SER SpA, a company 100% controlled by Telecom Italia, approved at its shareholders meeting, a capital increase to finance the acquisition of Telecom Italia´s property unit (Grandi Immobili) for approximately 5.615 billion lire.