Obligation Intesa Sanpaolo 5% ( XS0359384947 ) en EUR

Intesa Sanpaolo

100 % ⇌

Italie

XS0359384947 ( en EUR )

5% par an ( paiement annuel )

28/04/2011 - Obligation échue

Prospectus brochure de l'obligation Intesa Sanpaolo XS0359384947 en EUR 5%, échue

Intesa Sanpaolo est une banque italienne multinationale, l'une des plus grandes d'Europe, offrant une large gamme de services financiers aux particuliers, entreprises et institutions.

L'Obligation émise par Intesa Sanpaolo ( Italie ) , en EUR, avec le code ISIN XS0359384947, paye un coupon de 5% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 28/04/2011

Final Terms dated 24th April, 2008
INTESA SANPAOLO S.p.A.

Issue of EUR 3,000,000,000 5 per cent. Notes due 2011
under the Euro 50,000,000,000
Global Medium Term Note Programme
PART A - CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in
the Prospectus dated 9th January, 2008 and the Prospectus Supplement dated 14th April, 2008, which
together constitute a base prospectus for the purposes of the Prospectus Directive (Directive
2003/71/EC) (the "Prospectus Directive"). This document constitutes the Final Terms of the Notes
described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in
conjunction with such Prospectus, as so supplemented. Full information on the Issuer and the offer of
the Notes is only available on the basis of the combination of these Final Terms and the Prospectus
and the Prospectus Supplement. The Prospectus and the Prospectus Supplement are available for
viewing at the registered office of the Issuer at Piazza San Carlo 156, 10121 Turin, Italy and from
Société Européenne de Banque S.A. at 19 Boulevard de Prince Henri, Luxembourg. The Prospectus
and the Prospectus Supplement and, in the case of Notes admitted to trading on the regulated market
of the Luxembourg Stock Exchange, the applicable Final Terms will also be published on the website
of the Luxembourg Stock Exchange (www.bourse.lu).
1.
(i)
Issuer:
Intesa Sanpaolo S.p.A.
2.
(i) Series
Number:
438
(ii) Tranche
Number:
1
3.
Specified Currency or Currencies:
Euro ("EUR")
4.
Aggregate Nominal Amount:

(i) Series:
EUR
3,000,000,000
(ii) Tranche:
EUR
3,000,000,000
5.
Issue Price:
99.815 per cent. of the Aggregate Nominal
Amount
6.
(i)
Specified Denominations:
EUR 50,000 only

(ii) Calculation Amount:
EUR 50,000
7.
(i)
Issue Date:
28th April, 2008

(ii)
Interest Commencement Date
Not Applicable
(if different from the Issue
Date):

8.
Maturity Date:
28th April, 2011
9.
Interest Basis:
5 per cent. Fixed Rate
(further particulars specified below)
10.
Redemption/Payment Basis:
Redemption at par
11.
Change of Interest or
Not Applicable
Redemption/Payment Basis:
12.
Put/Call Options:
Not Applicable
13.
Status of the Notes:
Senior
14.
Method of distribution:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15.
Fixed Rate Note Provisions
Applicable

(i)
Rate(s) of Interest:
5 per cent. per annum payable annually in
arrear

(ii)
Interest Payment Date(s):
28th April in each year from and including
28th April, 2009 to and including the
Maturity Date

(iii)
Fixed Coupon Amount(s):
EUR 2,500 per Calculation Amount

(iv)
Day Count Fraction:
Actual/Actual (ICMA)

(v)
Broken Amount(s):
Not Applicable

(vi)
Other terms relating to the
Not Applicable
method of calculating interest
for Fixed Rate Notes:
16.
Floating Rate Note Provisions
Not Applicable
17.
Zero Coupon Note Provisions
Not Applicable
18.
Index-Linked Interest Note
Not Applicable
Provisions
19.
Dual Currency Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION

20.
Call Option
Not Applicable
21.
Put Option
Not Applicable
22.
Final Redemption Amount
EUR 50,000 per Calculation Amount

- 2 -

23.
Early Redemption Amount
Not Applicable
Early Redemption Amount(s) payable
on redemption for taxation reasons or
on event of default or other early
redemption and/or the method of
calculating the same (if required or if
different from that set out in the
Conditions):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
24.
Form of Notes:
Bearer Notes:

Temporary Global Note exchangeable for a
Permanent Global Note which is
exchangeable for Definitive Notes on 60
days' notice in the limited circumstances
specified in the Permanent Global Note.
25.
New Global Note Form:
Applicable
26.
Additional Financial Centre(s) or other
Not Applicable
special provisions relating to Payment
Dates:
27.
Talons for future Coupons to be
No
attached to Definitive Notes (and dates
on which such Talons mature):
28.
Details relating to Partly Paid Notes:
Not Applicable
amount of each payment comprising
the Issue Price and date on which each
payment is to be made and
consequences (if any) of failure to
pay, including any right of the Issuers
to forfeit the Notes and interest due on
late payment:
29.
Details relating to Instalment Notes:
Not Applicable
amount of each instalment, date on
which each payment is to be made:
30.
Redenomination applicable:
Redenomination not applicable
31.
Renominalisation and reconventioning
Not Applicable
provisions:
32.
Other final terms:
Not Applicable

- 3 -

PART B - OTHER INFORMATION
1.
Listing and admission to trading
(i)
Listing:
Luxembourg

(ii)
Admission to trading:
Application has been made for the Notes to
be admitted to trading on the regulated
market of the Luxembourg Stock Exchange
with effect from 28th April, 2008.

(iii)
Estimate of total expenses
Approximately EUR 2,360 in listing and

related to admission to
listing agent's fees
trading:
2.
Ratings
The Notes to be issued are expected to be
rated:
S&P's: AA-
Moody's: Aa2
Fitch: AA-
3.
Interests of natural and legal persons involved in the issue

Save for any fees payable to the Joint Lead Managers, so far as the Issuer is aware, no
person involved in the offer of the Notes has an interest material to the offer.
4.
Yield

Indication of yield:
5.068 per cent. per annum, calculated as the
annual expected return as at the Issue Date
on the basis of the Issue Price. Such
calculation is not an indication of future
yield.
5.
Operational information
ISIN
Code:
XS0359384947
Common
Code:
035938494

Intended to be held in a manner
Yes
which would allow Eurosystem
Note that the designation "Yes" simply
eligibility:
means that the Notes are intended upon
issue to be deposited with Euroclear or
Clearstream, Luxembourg as common
safekeeper and does not necessarily mean
that the Notes will be recognised as eligible
collateral for Eurosystem monetary policy

- 5 -

and intra-day credit operations by the
Eurosystem, either upon issue or at any or
all times during their life. Such recognition
will depend upon satisfaction of the
Eurosystem eligibility criteria.

Any clearing system(s) other than
Not Applicable
Euroclear Bank S.A./N.V. and
Clearstream Banking, société
anonyme and the relevant
identification number(s):

Delivery:
Delivery against payment

Names and addresses of
Not Applicable
additional Paying Agent(s) (if
any):
6.
Further information relating to the Issuer

Further information relating to the Issuer is set out below, pursuant to Article 2414 of
the Italian Civil Code.

(i)
Objects:
The objects of the Issuer, as set out in
Article 4 of its by-laws, are the collection
of savings and the carrying-out of all forms
of lending activities, through its
subsidiaries or otherwise. The Issuer may,
in compliance with regulations in force and
subject to obtaining any prior
authorisations required, perform all
banking and financial services and
transactions, including the creation and
management of open- and closed-end
supplementary pension schemes, as well as
any other transaction necessary for, or
incidental to, the achievement of its
corporate purpose, through its subsidiaries
or otherwise.
As parent company of the Intesa Sanpaolo
banking group, pursuant to Article 61 of
Legislative Decree No. 385 of 1 September
1993, the Issuer, in its direction and
coordination capacity, issues instructions to
Group companies, including those for the
purposes of implementing the Bank of
Italy's regulations and of ensuring the

- 6 -

stability of the Group.
The Issuer performs the role of parent
company of a financial conglomerate,
pursuant to Article 3 of Legislative Decree
No. 142 of 30th May, 2005.

(ii)
Registered office:
Piazza San Carlo 156, 10121 Turin, Italy

(iii)
Company registration:
Registered at the Companies' Registry of
the Chamber of Commerce of Turin, Italy
under registration no. 00799960158.

(iv)
Amount of paid-up share
Paid-up share capital: EUR
capital and reserves:
6,646,547,922.56 divided into
12,781,822,928 shares with a nominal
value of EUR 0.52 each as at 31st
December, 2007.
Reserves: EUR 37,661,000,000 as at 31st
December, 2007.

- 7 -