Notice payment of dividends 2015

TELECOM ITALIA S.p.A.
Registered Office in Milan at Via Gaetano Negri no. 1
General Administration and Secondary Office in Rome at Corso d’Italia no. 41
PEC (Certified Electronic Mail) box: telecomitalia@pec.telecomitalia.it
Share capital Euro 10,723,391,861.60 fully paid up
Taxpayer Identification/VAT Code and Milan Register of Companies no. 00488410010

NOTICE TO SHAREHOLDERS

Notice is hereby given that the Shareholders’ Meeting held on 20 May 2015 approved, amongst other things, the Financial Statements of the Company as at 31 December 2014 and resolved to allocate savings Shareholders a privileged dividend in the amount of 0.0275 euros per savings share, which will be applied to the number of savings shares that they own on the record date (23 June 2015).

The dividend, represented by coupon number 12 for the savings shares, will be paid from 24 June 2015 (ex-dividend date on 22 June 2015) through authorized intermediaries.

For any information contact:

• toll-free number 800020220 (for calls in Italy)
• telephone +39 011 2293603 (for calls from abroad)
• e-mail address assemblea.azionisti@pec.telecomitalia.it