FastWeb Approves Expansion

MILAN, Italy -- The Board of Directors of FASTWEB (Milan MTAX: FWB) today approvedthe plan to expand the Company network.

FASTWEB will extend its fibre optic infrastructure by approximately 1,000 kilometres to include anumber of new regions, among which Sardinia, Basilicata and Calabria. Following such expansion,FASTWEB network will cover all main Italian cities.

Coverage will increase from 10 million to 11.4 million potential customers, reaching 50% of theItalian market from current 45%.

The expansion plan will require an investment of 60 million euro in 2007. The Company guidance forthe period will not change, with the exception of the additional investment required for the networkexpansion.

Fastweb SpA (Milan: FWB)