| Broker | Analyst |
 AHORRO CORPORACION | Marta Sánchez Romero |
| AUTONOMOUS | Giovanni Carriere |
| BANCA AKROS | Luigi Tramontana |
| BANCA LEONARDO | Anna Benassi / Daniela Miccolis |
| BANCO SABADELL | Fabio Mostacci |
| BANK OF AMERICA - MERRILL LYNCH | Alberto Cordara |
| BBVA | Carlos Cobo Catena |
| CENTROBANCA | Elena Perini |
| CENTROSIM | Luca Comi |
| CHEUVREUX | Silvia Benzi |
| CITIGROUP | Alfonso Gomez |
| CREDIT SUISSE | Andrea Vercellone |
| DAIWA CAPITAL MARKETS | Pavel Simacek |
| DEUTSCHE BANK | Paola Sabbione |
| EQUITA | Matteo Ghilotti |
| EVOLUTION SECURITIES | Arturo De Frias |
| EXANE BNP PARIBAS | Domenico Santoro |
| EXECUTION LIMITED | Anke Reingen |
| FBR CAPITAL MARKETS | Barbara Pires |
| GOLDMAN SACHS | Domenico Vinci |
| HSBC | Carlo Digrandi |
| INTERMONTE | Pier Passerone |
| JP MORGAN | Francesca Tondi |
| KEEFE, BRUYETTE & WOODS | Aldo Comi |
| MACQUARIE | Alessandro Roccati |
| MATRIX CORPORATE CAPITAL LLP | Andrew Lim |
| MEDIOBANCA | Riccardo Rovere / Federica Maccaferri |
| MORGAN STANLEY | Per Lofgren |
| NATIXIS SECURITIES | Pascal Decque / Christophe Ricetti |
| NOMURA | Paola Biraschi |
| ODDO SECURITIES | Pierre-Alexandre Pechmeze |
| SAL OPPENHEIM | Thomas Stoegner |
| SANTANDER | Carlos García |
| SOCIETE GENERALE | Carlo Tommaselli |
| STANDARD & POOR'S EQUITY RESEARCH | Marco Troiano |
| UBS | Matteo Ramenghi |
| UNICREDIT MARKETS & INVESTMENT BANKING | Eugenio Cicconetti |
| WESTLB | Christoph Bossmann |
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