CIR: buyback of shares

Milan, August 5  2011 – Under the authorization approved by the Shareholders’ Meeting of April 29 and in implementation of the notice published on August 2 2011, CIR SpA announces that between August 3 and August 5 2011 it bought back 1,440,000 of its own shares at an average price of 1.4585 euro, for a total amount of approximately 2,100,258.00 euro.

Breakdown of the transactions on a daily basis:

Date

No. of shares bought back

Average price

Total amount (in euro)

2011/08/03

360,000

1.4968

538,848.00

2011/08/04

540,000

1.4586

787,644.00

2011/08/05

540,000

1.4329

773,766.00

Total

1,440,000

1.4585

2,100,258.00


Following the buyback transactions carried out so far, CIR SpA is now holding a total of 44,514,000 of its own shares, equal to approximately 5.612% of its share capital.

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