in the First Half of 2003 98th Fiscal Year - FIAT SpA

Significant investments sold effective May 2, 2003
86 Annex Fiat Group Companies at June 30, 2003
% of
Group % of
consoli- Interest % interest voting
Name Registered office Country Capital stock Currency dation held by held rights
Subsidiaries
❚ Insurance
Toro Assicurazioni S.p.A. Turin Italy 181,841,880 EUR – Sicind S.p.A. 99.974 100.000
Fiat S.p.A. 0.026 0.000
Altegia S.A. Paris France 16,867,400 EUR – Continent Holding S.A. 99.779
Continent Vie S.A. 0.220
Toro Assicurazioni S.p.A. 0.001
Augusta Assicurazioni S.p.A. Turin Italy 26,000,000 EUR – Toro Assicurazioni S.p.A. 100.000
Augusta Vita S.p.A. Turin Italy 39,000,000 EUR – Augusta Assicurazioni S.p.A. 100.000
Continent Assistance S.A. Paris France 914,400 EUR – Continent IARD S.A. 99.996
Continent Vie S.A. 0.002
L'Union Generale du Nord S.A. 0.002
Continent Holding S.A. Paris France 167,745,259 EUR – Toro International Holding N.V. 52.574
Toro Assicurazioni S.p.A. 47.005
Continent Holding S.A. 0.006
Continent IARD S.A. Paris France 104,819,728 EUR – Continent Holding S.A. 96.466
Altegia S.A. 3.534
Continent Vie S.A. Rueil-Malmaison France 12,971,632 EUR – Continent Holding S.A. 99.999
Toro Assicurazioni S.p.A. 0.001
CST-Centro Servizi Toro S.p.A. Turin Italy 8,010,000 EUR – Toro Assicurazioni S.p.A. 99.988
Augusta Assicurazioni S.p.A. 0.012
D.A.S. Difesa Automobilistica Sinistri S.p.A. Verona Italy 2,750,000 EUR – Toro Assicurazioni S.p.A. 50.008
Fiat Ubezpieczenia Majatkowe Spolka Akcyjna Warsaw Poland 61,500,000 PLN – Toro Targa Assicurazioni S.p.A. 100.000
Fiat Ubezpieczenia Zyciowe S.A. Warsaw Poland 26,013,700 PLN – Toro Targa Assicurazioni S.p.A. 99.942
Giano Assicurazioni S.p.A. Rome Italy 5,200,000 EUR – Roma Vita S.p.A. 100.000
Guardian Finances S.A. Rueil-Malmaison France 53,358 EUR – Continent Holding S.A. 99.429
Toro Assicurazioni S.p.A. 0.285
Altegia S.A. 0.143
Guardian Vie S.A. 0.143
Guardian Vie S.A. Rueil-Malmaison France 39,346,257 EUR – Continent Holding S.A. 100.000
Iniziative Sviluppo Immobiliare-Isim S.p.A. Turin Italy 113,900,000 EUR – Toro Assicurazioni S.p.A. 100.000
Lloyd Italico Assicurazioni S.p.A. Genoa Italy 132,997,250 EUR – Toro Assicurazioni S.p.A. 98.000
Augusta Assicurazioni S.p.A. 2.000
Lloyd Italico Vita S.p.A. Genoa Italy 14,524,500 EUR – Lloyd Italico Assicurazioni S.p.A. 80.000
Toro Assicurazioni S.p.A. 20.000
L'Union Generale du Nord S.A. Lille France 4,523,620 EUR – Continent IARD S.A. 82.806
L'Union Generale du Nord S.A. 3.145
Continent Vie S.A. 0.279
Nuova Tirrena S.p.A. Rome Italy 142,570,800 EUR – Toro Assicurazioni S.p.A. 92.125
Ogepa S.A. Paris France 38,100 EUR – Continent IARD S.A. 79.760
L'Union Generale du Nord S.A. 20.000
Omnium de Financement et de
realisation du Batiment-O.FI.BA. S.A. Paris France 38,100 EUR – Continent IARD S.A. 99.726
Phenix Seguradora S.A. Nova Lima Brazil 72,805,219 BRL – Toro Targa Participacoes S/C Ltda 99.873
Roma Vita S.p.A. Rome Italy 85,120,000 EUR – Toro Assicurazioni S.p.A. 47.500
Royal Servizi Tecnici S.r.l. in liq. Genoa Italy 91,800 EUR – Lloyd Italico Assicurazioni S.p.A. 100.000
S.C.I. Continent Pierre Grenier Paris France 5,335,750 EUR – Continent IARD S.A. 80.000
L'Union Generale du Nord S.A. 20.000
S.C.I. Le Continent Asnieres Paris France 4,116,150 EUR – Continent IARD S.A. 80.000
L'Union Generale du Nord S.A. 20.000