WARNING: the following procedures, if wrongly executed, can carry the risk of bricking or semi-bricking the device. Therefore I decline all responsibility for any damage caused by the use of the procedure I described.
Note: rooting will likely void your warranty (you probably already know that)
Rooting procedure described has been succesfully applied to Italian Mono-Sim version and European Duo version by several people on the forum where I first published it.
Original UK ROM
Root tools with Instructions
MTK Droid Root & Tools