================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) (Amendment No. 12) ---------- TELECOM ITALIA S.p.A. (Name of Issuer) Ordinary Shares of euro 0.55 par value each 87927W10 (Title of class of securities) (CUSIP number) Dott. Gianni Mion Edizione Holding S.p.A. Calmaggiore 23 31100 Treviso Italy (+39) 0422-5995 With a copy to: Michael S. Immordino, Esq. Latham & Watkins 99 Bishopsgate London EC2M 3XF England (+44) 207-710-1076 (Name, address and telephone number of person authorized to receive notices and communications) March 12, 2003 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) Page 1 of 9 --------------------------------------------------- ----------------------------------------------------- CUSIP No. 87927W10 13D --------------------------------------------------- ----------------------------------------------------- ------------------ ---------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON EDIZIONE HOLDING S.p.A. I.R.S. IDENTIFICATION NO. Not Applicable OF ABOVE PERSON ------------------ ---------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [X] (b) [ ] ------------------ ---------------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------ ---------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC ------------------ ---------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] ------------------ ---------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Italy ------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: 2,891,656,682 OWNED BY (See Item 5) ------------------- ------------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,891,656,682 (See Item 5) ------------------ ---------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,891,656,682 (See Item 5) ------------------ ---------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] ------------------ ---------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 54.96% (See Item 5) ------------------ ---------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO (Page 2) --------------------------------------------------- ----------------------------------------------------- CUSIP No. 87927W10 13D --------------------------------------------------- ----------------------------------------------------- ------------------ ---------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON EDIZIONE FINANCE INTERNATIONAL S.A. I.R.S. IDENTIFICATION NO. Not Applicable OF ABOVE PERSON ------------------ ---------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [X] (b) [ ] ------------------ ---------------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------ ---------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC ------------------ ---------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] ------------------ ---------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Italy ------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: 2,891,656,682 OWNED BY (See Item 5) ------------------- ------------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,891,656,682 (See Item 5) ------------------ ---------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY 2,891,656,682 REPORTING PERSON: (See Item 5) ------------------ ---------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] ------------------ ---------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 54.96% (See Item 5) ------------------ ---------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: CO (Page 3) --------------------------------------------------- ---------------------------------------------------- CUSIP No. 87927W10 13D --------------------------------------------------- ---------------------------------------------------- ------------------ ---------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON RAGIONE S.a.p.a. DI GILBERTO I.R.S. IDENTIFICATION NO. BENETTON E C. OF ABOVE PERSON Not Applicable ------------------ ---------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [X] (b) [ ] ------------------ ---------------------------------------------------------------------------------------- 3 SEC USE ONLY ------------------ ---------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC ------------------ ---------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [ ] ------------------ ---------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Italy ------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER: 0 SHARES ------------------- ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: 2,891,656,682 OWNED BY (See Item 5) ------------------- ------------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 0 REPORTING ------------------- ------------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: 2,891,656,682 (See Item 5) ------------------ ---------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 2,891,656,682 (See Item 5) ------------------ ---------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] ------------------ ---------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 54.96% (See Item 5) ------------------ ---------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN (Page 4) This Amendment No. 12 amends the Statement on Schedule 13D dated August 9, 2001, as amended (as previously amended, the "Statement on Schedule 13D") filed by Edizione Holding S.p.A., a company incorporated under the laws of the Republic of Italy ("Edizione Holding"), Edizione Finance International S.A., a company incorporated in the Duchy of Luxembourg ("Edizione Finance"), and Ragione S.a.p.a. di Gilberto Benetton e C., a partnership organized under the laws of the Republic of Italy ("Ragione") (Edizione Holding, Edizione Finance and Ragione, are collectively referred to herein as the "Edizione Reporting Persons") with respect to the ordinary shares, euro 0.55 par value per share, of Telecom Italia S.p.A., a company incorporated under the laws of the Republic of Italy. Capitalized terms used in this Amendment without definition have the meanings ascribed to them in the Statement on Schedule 13D. This Amendment is being filed by each of the Edizione Reporting Persons. Pirelli, the Purchaser, Edizione Holding, UCI, BCI, and, as discussed in Items 4 and 6 of Amendment No. 10 to the Statement on Schedule 13D, Hopa are members of a group with respect to the Telecom Italia Shares. The Edizione Reporting Persons are making a separate filing on Schedule 13D in accordance with Rule 13d-1(k)(2) under the Securities Exchange Act of 1934 and are responsible solely for the information contained in this filing, except that information contained in the Statement on Schedule 13D concerning any director or officer of the Purchaser nominated by Pirelli, UCI, BCI or Hopa has been provided by the nominating person. Item 4. Purpose of Transaction On March 12, 2003, each of Olivetti and Telecom Italia announced that their respective Boards of Directors had approved of a plan to merge Telecom Italia into Olivetti (the "Olivetti Merger"). A copy of a joint press release issued by Olivetti and Telecom Italia concerning the Olivetti Merger is filed as Exhibit 32. Item 7. Material to be Filed as Exhibits 32. Joint Press Release, dated March 12, 2003, issued by Olivetti and Telecom Italia. (Page 5) SIGNATURE After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: March 19, 2003 EDIZIONE HOLDING S.p.A. By: /s/ Gianni Mion ---------------------------------- Name: Gianni Mion Title: Chief Executive Officer (Page 6) SIGNATURE After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: March 19, 2003 EDIZIONE FINANCE INTERNATIONAL S.A. By: /s/ Gustave Stoffel ---------------------------------- Name: Gustave Stoffel Title: Director (Page 7) SIGNATURE After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: March 19, 2003 RAGIONE S.a.p.a DI GILBERTO BENETTON E C. By: /s/ Gilberto Benetton ---------------------------------- Name: Gilberto Benetton Title: Chairman (Page 8) EXHIBIT INDEX Exhibit No. ----------- 32. Joint Press Release, dated March 12, 2003, issued by Olivetti and Telecom Italia. (Page 9) STATEMENT OF DIFFERENCES The Euro sign shall be expressed as.................................. 'E'