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Exhibit 40 OLIMPIA SPA - EXPLANATORY NOTE REGARDING THE ENLARGEMENT OF THE SHAREHOLDING STRUCTURE OLIMPIA, the partners in Olimpia (Pirelli S.p.A., Edizione Holding S.p.A., Unicredito S.p.A., Intesa BCI S.p.A.) and Hopa S.p.A. (HOPA) have signed an...