Milan, December 1 2009 – CIR SpA and its legal counsel, Prof. Vincenzo Roppo and Elisabetta Rubini, hereby notify that at the opening of today’s hearing on the request for the suspension of the first degree civil ruling on the Lodo Mondadori affair, the president of the Court of Appeal asked the parties to see whether it is possible to reach an agreement on the subject of execution. At this point Fininvest proposed having a guarantee in favour of CIR at its first request issued by a prime bank, in order to guarantee CIR the full amount of the compensation established in the first degree ruling, plus interest and ancillary costs. CIR accepted the proposal of Fininvest subject to first checking the text of the guarantee that the parties will have to agree upon and on the condition that the ruling of the Court of Appeal comes as soon as possible. The Court, which reserves the right to take whatever measures it deems appropriate, has adjourned the hearing until December 22 2009 for the presentation of the said guarantee. CIR and its legal counsel would like to express their satisfaction at the outcome of the hearing.
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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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