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The pledge set up for The Chase Manhattan Bank in relation to the granting of funding used to pay for Seat PG ordinary shares has expired

08/20/2001 - 12:00 PM

Telecom Italia announces that from today the pledge has expired regarding the 339,291,608 Seat Pagine Gialle ordinary shares, which was set up for The Chase Manhattan Bank in relation to the granting of funding to Telecom Italia, expiring on 17 August, and used to pay for the aforementioned shares purchased through the public purchase offer effected in May 2000.