Prospectus - Notowania

In addition, several proceedings have been commenced in Austria in relation to the Madoff investments which name Bank
Austria, Bank Privat AG and Primeo Fund as defendants. The claimants in these cases purportedly invested in funds which
had invested directly or indirectly in BMIS. Bank Austria has also been named as a defendant in criminal proceedings. These
proceedings were initiated by a complaint filed by the Financial Market Authority with the Austrian prosecutor. In the context
of these criminal proceedings, additional complaints were filed by purported investors in funds that had invested directly or
indirectly in BMIS. These complaints allege, among other things, that Bank Austria violated the Investment Fund Act as
“prospectus controller” of the Primeo Fund.
In addition, various subsidiaries of UniCredit have received subpoenas or requests for information and/or documents from the
SEC, the Department of Justice and the SIPA Trustee in the United States, the Financial Market Authority in Austria, the Irish
Financial Services Regulatory Authority in Ireland and BaFin in Germany seeking information in connection with their
investigations into Mr. Madoff's fraud. The recipients of these subpoenas or requests have been cooperating with such
requests.
In addition to the ongoing Madoff-related actions against UniCredit and its subsidiaries and certain of their employees or
former employees, additional proceedings have been threatened and may be initiated by plaintiffs and enforcement
authorities in the future in these or other jurisdictions. Such pending or future proceedings could have, individually or in the
aggregate, a material adverse effect on UniCredit.
All the currently pending proceedings are in their initial stages. UniCredit and the affected subsidiaries intend to defend these
proceedings and assert defences against the Madoff-related claims directed at each of them. As at the date of this
Prospectus, it is not possible to reliably predict their timing or outcome, or to estimate the liability, if any, resulting therefrom.
Consistent with applicable international accounting principles, no provisions have been made at this time to cover the legal
liability risk involved in Madoff-related litigation.
CONSOLIDATED INTERIM REPORT
AS AT SEPTEMBER 30, 2009
218