Milan, September 24 2010 – CIR and its legal counsel, Prof. Vincenzo Roppo and Elisabetta Rubini, are pleased to note the outcome of the main part of the CTU process (Technical Consultation ordered by the Court), which recognizes that the objective values of the companies involved in the transaction of 1991 have changed only slightly compared to those of the previous year. It therefore confirms that the huge difference to the detriment of CIR between the financial terms of the transaction and those previously negotiated was due to the wrongful cancellation of the Lodo Mondadori, obtained through the corruption of judges.
However, other parts of the CTU are definitely debatable. CIR and its legal counsel reserve the right to examine them in depth with a view to firmly contesting them as and when appropriate, both in relation to the merit of the issues involved and their relevance to the case in hand. CIR and its legal counsel are confident that the proceedings are moving towards the confirmation of the company’s being in the right in the Court of Appeal as well.
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The documentation and information contained in this area of the website are accessible only to persons who are not currently domiciled or located in the United States of America, Australia, Canada, Japan, or in any other jurisdiction other than Italy in which it is required an authorization by the competent regulatory authorities or other fulfillments (such Countries, included the United States of America, Australia, Canada, Japan, jointly the “Other Countries”).
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The documentation and information contained in this area of the website are not, and must not be sent by, or transmitted to or distributed to, directly or indirectly, persons resident or physically present in the United States of America, Australia, Canada, Japan, and do not constitute and cannot be interpreted as an offer to purchase or a solicitation of an offer to sell financial instruments addressed to U.S. Persons - as defined under the U.S. Securities Act of 1933, as amended, or to persons resident in Other Countries. The shares of COFIDE – Gruppo De Benedetti S.p.A. – which will change its company name to “CIR S.p.A. – Compagnie Industriali Riunite” on the effective date of the merger by incorporation with CIR S.p.A. – Compagnie Industriali Riunite - referred to in this area of the website have not been and will not be registered under the U.S. Securities Act of 1933, and may not be offered or sold in the United States of America absent registration or an applicable exemption from registration thereunder.
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