The Seventh-century tree called "The Queen" has been dedicated to Michelle to honour her for her work to educate the US about the importance of healthy diet, which encompasses many of the eating traditions in Italy and other Mediterranean countries.
"The First Lady has launched the 'Let's Move' campaign for a healthier lifestyle and diet... In perfect harmony with the requirements of a Mediterranean diet," Lecce province said in a statement.
The formal dedication ceremony will be held on May 25 in southern Puglia region during a festival to celebrate Italy's Mediterranean diet.
Around 100 litres of extra-virgin olive oil made from the fruits of the giant tree would be sent to the White House every year starting this fall. The tree is able to produce 100 kilograms of oil per year.
The initiative is being supported by local farmers including the "Sant'Anna Cooperative," which manages the 1,500 hectares where the tree is located.
Michelle has used her high-profile position to educate Americans about the importance of healthy lifestyle.
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She has planted an organic garden at the White House premises, visited schools, made television appearances and targeted military mess halls in her campaign.
The Mediterranean diet - based on fruits, olive oil and vegetables, along with a daily glass of red wine, - is recognised worldwide as a way of promoting a healthy lifestyle.