In the context of the share capital increase
Milan, 28 February 2005 - In the context of the share capital increase approved by the FASTWEB EGM on 18 February, Silvio Scaglia, Chairman and founder of FASTWEB (Milan, Nuovo Mercato: FWB), following the finalization of a financing facility, informed the Company that all the conditions are now in place for him to underwrite new shares for a minimum aggregate value of 40 million Euro.