PRESS RELEASE

COFIDE: BUYBACK OF SHARES

Milan, August 13 2018 - In compliance with the authorization approved by the Shareholders' Meeting and according to the notice published on April 27 2018, COFIDE - Gruppo De Benedetti S.p.A. announces that between August 6 and 10 it bought back 43,982 own shares at an average price of € 0.4525, for a total amount of € 19,903.66.

Breakdown of the transactions on a daily basis:

Date

No. of shares bought back

Average price

Total amount (in euro)

2018/08/06

13,436

0.4576

6,148.31

2018/08/07

24,700

0.4506

11,129.82

2018/08/08

2,846

0.4524

1,287.53

2018/08/09

3,000

0.4460

1,338.00

Total

43,982

0.4525

19,903.66

COFIDE S.p.A. now holds a total of 22,972,024 own shares, equal to 3.1941% of its share capital.

***

Contacts:

Communication Department Rodolfo Belcastro

Mariella Speciale Tel.: +39 02 722701www.cofide.it

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Disclaimer

COFIDE – Gruppo De Benedetti S.p.A. published this content on 13 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 August 2018 17:10:01 UTC