Payed for Parmalet

Parmalat settles for EURO 72M from Merrill Lynch, ING Bank, Banca Monte Parma.

After the bankroupt in 2003 the company is renewed and its
paper can buy and sell on the bourse in Milano. In addition to criminal
proceedings in Italy, Parmalat is pursuing civil actions in Italy and the
United States aimed at recouping losses from the 14-billion-euro,

Parmalat shares rose 1.87 per cent to 3.21 euros ($4.30)
Monday. Separately, criminal proceedings are under way in Milan and Parma, the
seat of Parmalat's headquarters.Last week, a Milan judge issued indictments
against four international banks – Citigroup Inc., UBS AG, Deutsche Bank AG and
Morgan Stanley – on charges of failing to have procedures in place that would
have prevented alleged crimes that contributed to Parmalat's bankruptcy.
Thirteen bank employees also were charged with making false statements mostly
aimed at rigging the market for Parmalat bonds. The four banks have denied wrongdoing
and have defended the actions of their employees.