Exhibit 3

Names and addresses of the Underwriters of the Republic of Italy’s
5.25% Notes due September 20, 2016

Underwriters’ Addresses in relation to the Republic of Italy’s US$3,000,000,000
5.25% Notes due September 20, 2016

Citigroup Global Markets Inc.	388 Greenwich Street
	New York, NY 10013
	U.S.A.
Goldman Sachs International	Peterborough Court
	133 Fleet Street
	London EC4A 2BB
	England
J.P. Morgan Securities Limited	125 London Wall
	London EC2Y 5AJ
	England
BNP Paribas Securities Corp.	787 Seventh Avenue
	New York, NY 10019
	U.S.A.
Credit Suisse Securities (Europe) Limited	One Cabot Square
	London, E14 4QJ
	England
Deutsche Bank AG, London Branch	Winchester House
	1 Great Winchester Street
	London, EC2N 2DB
	England
Lehman Brothers International (Europe)	25 Bank Street
	Canary Wharf
	London E14 5LE
	England
Merrill Lynch International	Merrill Lynch Financial Centre
	2 King Edward Street
	London EC1A 1HQ
	England
Morgan Stanley & Co. International Limited	20 Cabot Square
	Canary Wharf
	London E14 4QW
	England
UBS Limited	1 Finsbury Avenue
	London EC2M 2PP
	England