Citigroup Global Mkt Stabilisation Notice

  Citigroup Global Mkt - Stabilisation Notice

RNS Number : 9985L
Citigroup Global Markets Limited
11 September 2012




11^th September 2012

Not for distribution, directly or indirectly, in or into the United States  or 
any jurisdiction in which such distribution would be unlawful.



                     Banca Monte dei Paschi di Siena SpA

                             Stabilisation Notice

Citigroup Global  Markets Limited.  (contact: Syndicate  Desk 0207  986  9000) 
hereby gives notice that the Stabilising Manager(s) named below may  stabilise 
the offer of the following securities in accordance with Commission Regulation
(EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC).



The securities:
Issuer:                                    Banca Monte dei Paschi di Siena SpA
Guarantor (if any):
Aggregate nominal amount:                  TBC
Description:                               Senior   Unsecured   Unsubordinated 
                                           2-year Fixed Rate
Offer price:                               TBC
Other offer terms                          TBC
Stabilisation:
Stabilising Manager(s):                    Citigroup Global Markets Limited

                                                            
Stabilisation period expected to start on: 11 September 2012
Stabilisation period  expected to  end  no 11 October 2012
later than:
Maximum size of over-allotment facility:   5% of the aggregate nominal amount



In connection  with  the  offer  of  the  above  securities,  the  Stabilising 
Manager(s) may over-allot the securities or effect transactions with a view to
supporting the market  price of  the securities at  a level  higher than  that 
which might  otherwise  prevail.  However,  there is  no  assurance  that  the 
Stabilising  Manager(s)   will  take   any   stabilisation  action   and   any 
stabilisation action, if begun, may be ended at any time.



This announcement is for information purposes only and does not constitute  an 
invitation or  offer to  underwrite,  subscribe for  or otherwise  acquire  or 
dispose of any securities of the Issuer in any jurisdiction.



This announcement and  the offer  of the securities  to which  it relates  are 
directed only at persons outside the United Kingdom and persons in the  United 
Kingdom who have professional experience in matters related to investments  or 
who are high net worth persons within article 12(5) of the Financial  Services 
and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on
or relied on by other persons in the United Kingdom.



In addition, if and to the  extent that this announcement is communicated  in, 
or the offer of the securities to which it relates is made in, any EEA  Member 
State that has implemented Directive 2003/71/EC (together with any  applicable 
implementing measures in any Member State, the "Prospectus Directive")  before 
the publication of a prospectus in  relation to the securities which has  been 
approved by the competent  authority in that Member  State in accordance  with 
the Prospectus Directive (or which has been approved by a competent  authority 
in another Member State and notified to the competent authority in that Member
State in accordance with the Prospectus Directive), this announcement and  the 
offer are only addressed to and directed  at persons in that Member State  who 
are qualified investors within the meaning of the Prospectus Directive (or who
are other persons to whom the offer may lawfully be addressed) and must not be
acted on or relied on by other persons in that Member State.



This announcement  is not  an offer  of securities  for sale  into the  United 
States. The securities have  not been, and will  not be, registered under  the 
United States Securities Act  of 1933 and  may not be offered  or sold in  the 
United States absent  registration or an  exemption from registration.  There 
will be no public offer of securities in the United States.

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


STALBMMTMBIBBMT -0- Sep/11/2012 10:44 GMT