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

Significant investments sold effective May 2, 2003 (continued)
87 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
Société Civile Immobilière Continent Pierre Paris France 10,113,017 EUR – Société Civile Immobilière Continent Wagram 60.731
Continent Vie S.A. 38.154
Continent IARD S.A. 1.115
Société Civile Immobilière Continent Pyramides Paris France 30,161,892 EUR – Continent IARD S.A. 56.955
Société Civile Immobilière Continent Wagram 32.123
L'Union Generale du Nord S.A. 10.922
Société Civile Immobilière Continent Wagram Paris France 18,523,543 EUR – Continent IARD S.A. 80.300
L'Union Generale du Nord S.A. 19.700
Société Civile Immobilière Immovie Paris France 17,378 EUR – Continent Vie S.A. 99.983
Continent IARD S.A. 0.017
Société Immobiliere Belle-Terre S.A. in liq. Geneva Switzerland 50,000 CHF – Continent IARD S.A. 100.000
Toro International Holding N.V. Amsterdam Netherlands 65,250,000 EUR – Toro Assicurazioni S.p.A. 100.000
Toro Targa Assicurazioni S.p.A. Turin Italy 53,963,870 EUR – Toro Assicurazioni S.p.A. 51.000
Toro Targa Participacoes S/C Ltda Nova Lima Brazil 93,991,710 BRL – Toro Targa Assicurazioni S.p.A. 100.000
Other companies
Lingotto S.p.A. Turin Italy 17,264,000 EUR – Toro Assicurazioni S.p.A. 17.019
S.C.I. Le Hameau du Golf Paris France 3,040 EUR – Continent IARD S.A. 15.000