Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

Declaration in respect of individual financial statementsas required by Article 81-ter of Consob resolutionno. 11971 issued on 14 May 1999 as amended1. The undersigned Alberto Nagel and Massimo Bertolini, in theirrespective capacities as Chief Executive Officer and Head ofCompany Financial Reporting of Mediobanca, hereby declare and inview inter alia of the provisions contained in Article 154-bis,paragraphs 3 and 4, of Italian Legislative Decree 58/98, that theadministrative and accounting procedures used in the preparation ofthe individual financial statements:– were adequate in view of the company’s; and– were effectively applied during the year ended 30 June 2011.2. Assessment of the adequacy of said administrative and accountingprocedures for the preparation of the individual financial statementsas at 30 June 2011 was based on a model defined by Mediobanca inaccordance with benchmark standards for internal control systemswhich are widely accepted at an international level (i.e. the CoSO andCobiT frameworks).3. It is further hereby declared that3.1 the individual financial statements:– have been drawn up in accordance with the InternationalFinancial Reporting Standards adopted by the EuropeanUnion pursuant to CE regulation no. 1606/02 issued by theEuropean Parliament and Council on 19 July 2002;– correspond to the data recorded in the company’s books andaccounts ledgers;– are adequate for the purpose of providing a truthful andaccurate representation of the capital, earnings and financialsituation of the issuer.3.2 the review of operations contains reliable analysis ofMediobanca’s operating performance and results and its situation,along with a description of the main risks and uncertainties towhich the Bank is exposed.Milan, 21 September 2011Chief Executive OfficerReportingAlberto NagelHead of Company FinancialMassimo Bertolini– 263