Telecom Italia Interim Financial Statements (to September 30, 2008)

Friday, November 7th, 2008

The Telecom Italia (Italy:TIT)(NYSE:TI) Board of Directors, chaired by Gabriele Galateri di Genola, today examined and approved the Group’s Q3 2008 Interim Report on Operations.

Internet (Italy)

The IPTV service continued to make inroads onto the Consumer market (the portfolio grew by 138,000 customers on y/e 2007 to 218,000), while web offerings and operations continued to expand through the Virgilio/Alice portal.

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