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Brief: Telecom Italia Reports 93.5% Of Savings Shares Converted Voluntarily

May 19 (Reuters) - Telecom Italia SpA TLIT.MI:

5,634,300,438 TIM SAVINGS SHARES, 93.5% OF CATEGORY, CONVERTED VOLUNTARILY AT END OF CONVERSION PERIOD

TOTAL CASH OUTLAY FOR VOLUNTARY CONVERSION EUR 676.1 MILLION

VOLUNTARY CONVERSION EFFECTIVE ON MAY 20

REMAINING SAVINGS SHARES TO BE MANDATORILY CONVERTED

MANDATORY CONVERSION EFFECTIVE ON MAY 21

ALL SAVINGS SHARES TO BE DELISTED FROM EURONEXT MILAN ON MAY 21

Further company coverage: TLIT.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))

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