Ansaldo STS : Purchase of shares of Ansaldo STS S.p.A.

Hitachi Rail Italy Investments S.r.l.

Registered Office:

Via Tommaso Gulli, 39, 20147, Milan, Italy VAT and Register of the Enteprises of Milan 09194070968

Purchase of shares of Ansaldo STS S.p.A.

Notice pursuant to article 41, paragraph 2, letter c), of the Consob Regulation adopted with resolution No. 11971 dated May 14, 1999, as subsequently amended and supplemented (the

"Issuers' Regulation")

Milan, 4th January 2019 - With reference to the obligation to purchase (the "Obligation to Purchase") pursuant to Article 108, paragraph 2, of Legislative Decree No. 58 of February 24, 1998, as subsequently amended and supplement, to be carried out by Hitachi Rail Italy Investments S.r.l. ("HRII") on the ordinary shares of Ansaldo STS S.p.A. ("Ansaldo STS"), announced on November 22, 2018, it is hereby notified that on the date hereof the following transactions have been carried out in relation to the shares of Ansaldo STS, ISIN Code IT0003977540, by the following persons subject to disclosure obligations pursuant to article 41, paragraph 2, letter c), of the Issuers' Regulation:

Date	Modalities of transaction	Type of transaction	Name of the purchaser	Number of shares	Currency	Price per share
4/01/2019	MTA	Purchase	Hitachi Rail Italy Investments S.r.l.	326,023	Euro	12.70

The relevant settlement (i.e. the transfer of the shares and the payment of the purchase price) of the above purchases will take place on 8th January 2019.

The purchase transactions covered by this notice were carried out by Intermonte SIM S.p.A. at a price per share not exceeding Euro 12.70 (price offered in the context of the Obligation to Purchase the ordinary shares of Ansaldo STS, as determined by CONSOB with resolution No. 20738 of December 12, 2018).

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This notice is transmitted at the same time to CONSOB, Borsa Italiana S.p.A., Ansaldo STS S.p.A.

and at least two press agencies

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For further information:

Hitachi Rail Italy Investments S.r.l.

Dan Phillips

Tel. [phone]

[e-mail]