Common use of PURCHASES AND CANCELLATIONS Clause in Contracts

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES The following exchanges or further notes affecting the nominal amount of this Global Note have been made: Date made Nominal amount of Temporary Global Note exchanged for this Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued * Notation made on behalf of the Issuer * See the most recent entry in Part 2 or 3 of Schedule One or in Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE TEMPORARY GLOBAL NOTE1 EXCHANGES FOR DEFINITIVE NOTES OR PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES NOTE The following exchanges or further notes affecting the nominal amount of a part of this Global Note for Definitive Notes or a Permanent Global Note have been made: Date made Nominal amount of Temporary this Global Note exchanged for this Definitive Notes or a Permanent Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued exchange* Notation made on behalf of the Issuer 1 Schedule Two should only be completed where the applicable Final Terms indicates that this Global Note is not intended to be a New Global Note. * See the most recent entry in Part 2 or 3 of Schedule One or in Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE TEMPORARY GLOBAL NOTE2 EXCHANGES FOR DEFINITIVE NOTES OR PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES NOTE The following exchanges or further notes affecting the nominal amount of a part of this Global Note for Definitive Notes or a Permanent Global Note have been made: Date made Nominal amount of Temporary this Global Note exchanged for this Definitive Notes or a Permanent Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued exchange* Notation made on behalf of the Issuer * See the most recent entry in Part 2 or 3 of Schedule One or in Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE PERMANENT GLOBAL NOTE1 NOTE4 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES The following exchanges or further notes affecting the nominal amount of this Global Note have been made: Date made Nominal amount of Temporary Global Note exchanged for this Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued issued* Notation made on behalf of the Issuer 4 Schedule Two should only be completed where the Final Terms indicates that this Global Note is not intended to be a New Global Note. * See the most recent entry in Part 2 or 3 of Schedule One or in Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE TEMPORARY GLOBAL NOTE2 EXCHANGES FOR DEFINITIVE NOTES OR PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES NOTE The following exchanges or further notes affecting the nominal amount of a part of this Global Note for Definitive Notes or a Permanent Global Note have been made: Date made Nominal amount of Temporary this Global Note exchanged for this Definitive Notes or a Permanent Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued exchange* Notation made on behalf of the Issuer * See the most recent entry in Part 2 2, 3 or 3 4 of Schedule One or in Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Part of nominal amount of Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES The following exchanges or further notes affecting the nominal amount of Date this Global Note have been made: Date purchase and and cancellation by or on made Nominal amount of Temporary Global Note exchanged for this Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued purchased and cancelled cancellation* Notation made on behalf of the Issuer * See the most recent entry in Part 2 II, III or 3 of Schedule One IV or in Schedule Two in order to determine this amount. Schedule Two * EXCHANGES (only applicable where the Notes represented by this Global Note were, on issue, represented by a Temporary Global Note) Nominal amount of Temporary Global Note Nominal amount of this exchanged for this Global Global Note following Notation made by or on Date made Note such exchange* behalf of the Issuer * See most recent entry in Part II, III or IV of Schedule One or in this Schedule Two in order to determine this amount. * Schedule Two should only be completed where the Final Terms indicate that this Global Note is not intended to be a New Global Note.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE TEMPORARY GLOBAL NOTE2 EXCHANGES FOR DEFINITIVE NOTES OR PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES NOTE The following exchanges or further notes affecting the nominal amount of a part of this Global Note for Definitive Notes or a Permanent Global Note have been made: Date made Nominal amount of Temporary this Global Note exchanged for this Definitive Notes or a Permanent Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued exchange* Notation made on behalf of the Issuer 2 Schedule Two should only be completed where the Final Terms indicates that this Global Note is not intended to be a New Global Note. * See the most recent entry in Part 2 or 3 of Schedule One or in Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Remaining nominal amount Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES The following exchanges or further notes affecting the nominal amount of this Global Note have been made: Date made Nominal amount of Temporary Global Note exchanged for this Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued * Notation made on behalf of the Issuer * See the most recent entry in Part 2 or 3 of Schedule One or in Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this amount of this Global Confirmation of Global Note Note following such purchase and cancellation* Confirmation of purchased and purchase and cancellation on Date made cancelled cancellation * behalf of the Issuer SCHEDULE TWO TO THE PERMANENT GLOBAL NOTE1 * See most recent entry in Part II, III or IV of Schedule One or Schedule Two in order to determine this amount. Schedule Two to the Permanent Global Note4 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES The following exchanges or further notes affecting the nominal amount of this Global Note have been made: Date made Nominal amount of Temporary Global Note Remaining nominal amount of Date exchanged for this Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued * Notation made on made Note such exchange * behalf of the Issuer 4 Schedule Two should only be completed where the applicable Final Terms indicates that this Global Note is not intended to be a New Global Note. * See the most recent entry in Part 2 II, III or 3 IV of Schedule One or in this Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation by or on behalf of the Issuer SCHEDULE TWO TO THE * See most recent entry in Part II, III or IV or Schedule Two in order to determine this amount. 66 Back to Contents Schedule Two EXCHANGES FOR DEFINITIVE NOTES OR PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES NOTE The following exchanges or further notes affecting the nominal amount of a part of this Global Note for Definitive Notes or a part of a Permanent Global Note have been made: Date made Nominal amount of Temporary this Global Note exchanged for this Definitive Notes or a part of a Permanent Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued exchange* Notation made by or on behalf of the Issuer * See the most recent entry in Part 2 II, III or 3 IV of Schedule One or in this Schedule Two in order to determine this amount.. Back to Contents

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE TEMPORARY GLOBAL NOTE3 EXCHANGES FOR DEFINITIVE NOTES OR PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES NOTE The following exchanges or further notes affecting the nominal amount of a part of this Global Note for Definitive Notes or a Permanent Global Note have been made: Date made Nominal amount of Temporary this Global Note exchanged for this Definitive Notes or a Permanent Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued exchange* Notation made on behalf of the Issuer 3 Schedule Two should only be completed where the applicable Final Terms indicates that this Global Note is not intended to be a New Global Note. * See the most recent entry in Part 2 2, 3 or 3 4 of Schedule One or in Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer * See the most recent entry in Part 2, 3 or 4 of Schedule One or in Schedule Two in order to determine this amount. SCHEDULE TWO TO THE TEMPORARY GLOBAL NOTE13 EXCHANGES FOR DEFINITIVE NOTES OR PERMANENT BEARER GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES NOTE The following exchanges or further notes affecting the nominal amount of a part of this Global Note for Definitive Notes or a Permanent Bearer Global Note have been made: Date made Nominal amount of Temporary this Global Note exchanged for this Definitive Notes or a Permanent Bearer Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued * exchange14 Notation made on behalf of the Issuer * 13 Schedule Two should only be completed where the applicable Final Terms indicates that this Global Note is not intended to be a New Global Note. 14 See the most recent entry in Part 2 2, 3 or 3 4 of Schedule One or in Schedule Two in order to determine this amount.

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE TEMPORARY GLOBAL NOTE2 EXCHANGES FOR DEFINITIVE NOTES OR PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES NOTE The following exchanges or further notes affecting the nominal amount of a part of this Global Note for Definitive Notes or a Permanent Global Note have been made: Date made Nominal amount of Temporary this Global Note exchanged for this Definitive Notes or a Permanent Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued exchange* Notation made on behalf of the Issuer * See the most recent entry in Part 2 2, 3 or 3 4 of Schedule One or in Schedule Two in order to determine this amount.. SCHEDULE THREE TO THE TEMPORARY GLOBAL NOTE FURTHER INFORMATION RELATING TO THE ISSUER

PURCHASES AND CANCELLATIONS. Date made Part of nominal amount of this Global Note purchased and cancelled Remaining nominal amount of this Global Note following such purchase and cancellation* Confirmation of purchase and cancellation on behalf of the Issuer SCHEDULE TWO TO THE TEMPORARY GLOBAL NOTE* EXCHANGES FOR DEFINITIVE NOTES OR PERMANENT GLOBAL NOTE1 SCHEDULE OF EXCHANGES AND ISSUES OF FURTHER NOTES NOTE The following exchanges or further notes affecting the nominal amount of a part of this Global Note for Definitive Notes or a Permanent Global Note have been made: Date made Nominal amount of Temporary this Global Note exchanged for this Definitive Notes or a Permanent Global Note or nominal amount of further notes issued Remaining nominal amount of this Global Note following such exchange or further notes issued exchange** Notation made on behalf of the Issuer * Schedule Two should only be completed where the applicable Final Terms indicates that this Global Note is not intended to be a New Global Note. ** See the most recent entry in Part 2 or 3 of Schedule One or in Schedule Two in order to determine this amount. SCHEDULE THREE TO THE TEMPORARY GLOBAL NOTE Further Information Relating to the Issuer 1. Name: Infrastrutture Wireless Italiane S.p.A.