It is hereby announced that the project for the upstream merger of Franco Tosi S.r.l. and SANCE S.r.l. into and with Italmobiliare S.p.A. was filed yesterday in the Milan Companies Register for all three companies taking part in the transaction.
The merger document can be viewed on the company website, at www.italmobiliare.it.
With regard to the acquiring company, Italmobiliare S.p.A., the transaction will be approved with a resolution by the Italmobiliare Board of Directors in compliance with the procedure contemplated by art. 2505 of the Italian Civil Code.
Milan, June 23, 2010