Press Release

SOFTBANK GROUP COMPLETES THE ACQUISITION OF FORTRESS INVESTMENT GROUP

Verona, 17 January 2018- doBank S.p.A. ("doBank") informs that SoftBank Group Corp. ("SoftBank" or

"SBG") announced on December 28, 2017 the completion of the previously announced acquisition of Fortress

Investment Group LLC (NYSE: FIG) ("Fortress") in cash. Following the close of the transaction, SBG and itswholly-owned subsidiaries own the outstanding Fortress shares(the "Transaction").

The completion of the Transaction follows the satisfaction of all conditions to the closing and the receipt of all necessary regulatory approvals, as stated in the press release issued by SoftBank and available in the "News"section ofwww.softbank.jp.Fortress's common stock has ceased trading andwas delisted from the New York

Stock Exchange. Fortress's financial results will be consolidated and reflectedonSBG's consolidated financialstatements following the acquisition closing date of December 27, 2017.

SoftBank also reports that Fortress will operate within SoftBank as an independent business headquartered in New York, Fortress Principals Pete Briger, Wes Edens and Randy Nardone will continue to lead Fortress, and that SoftBank is committed to maintaining the leadership, business model, brand, personnel, processes andculture that have supported Fortress's success to date.

The existence of the mentioned Transaction was describedas a risk factor in the "Documento di Registrazione"as part of the listing process of doBank in the Borsa Italiana stock exchange. Specifically, with regards to doBank-in its capacity as controlled entity under Article 93 of the Consolidated Financial Act by Avio S.à.r.l., in turn owned by vehicles controlled by funds managed by the Fortress Group-SoftBank was required under article 19 of TUB, among others, to file for the preventive authorization request in connection with the acquisition, albeit indirectly, of a controlling interest in a bank, to be issued by the ECB upon proposal of the Bank of Italy (additionalinformation is available in chapter 4, section 4.1.12 and chapter 18, section 18.4 of the "Documento di Registrazione").

At the time of the "Documento di Registrazione"it was not possible to ensure completion of the Transaction prior to the beginning of trading of doBank shares, nor before the cutoff date stated in the Fortress acquisition contract (i.e. December 31, 2017) due to, among others, the possible non satisfaction of the conditions precedent, including the granting of the authorization requests to the competent supervisory authorities with regards to the supervised entities falling within the Fortress participation chain.

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doBank Group

doBank, listed on the Electronic Equity Market (Mercato Telematico Azionario) organized and managed by Borsa Italiana S.p.A., is a leader, among independent servicers, in the business of managing primarily non-performing loans for banks and public and private financial institutions, with a loan portfolio under management of €81 billion (in terms of gross book value) as of December 31, 2016, corresponding to more than half the volume of non-performing loans entrusted to external management in the Italian independent servicing market and approximately one third of the total volume of non-performing loans of the same market. The Gross Revenues of the doBank Group as of December 31, 2016, as resulting from the Pro-Forma Consolidated Statements, were approximately206.2 million and consisted for 93% of Servicing Revenues, for 4% of Revenues from ancillary products and for the remaining 3% of Revenues deriving from minor banking activities.

Contacts

Image Building

Investor Relations

doBank S.p.A.

doBank S.p.A.

Simona Raffaelli-Vanessa Corallino-Ilaria Mastrogregori

Manuela Franchi-Fabio Ruffini

dobank@imagebuilding.it

06 47979312

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doBank S.p.A. published this content on 17 January 2018 and is solely responsible for the information contained herein.
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