0001123645-03-000002 Sample Contracts

CLIFFORD CHANCE LIMITED LIABILITY PARTNERSHIP Dated 20 September 2002 Olivetti Finance N.V. Olivetti S.p.A. And Lehman Brothers International (Europe)
Subscription Agreement • January 21st, 2003 • Telecom Italia S P A • Communications services, nec

SUBSCRIPTION AGREEMENT relating to EUR 385,020,000 principal amount of Zero Coupon Guaranteed Bonds due 2004 exchangeable into ordinary shares of Telecom Italia S.p.A.

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