PRESS RELEASE

COFIDE: BUYBACK OF SHARES

Milan, August 20 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 13 and 17 it bought back 37,531 own shares at an average price of € 0.4505, for a total amount of € 16,906.06.

Breakdown of the transactions on a daily basis:

Date

No. of shares bought back

Average price

Total amount (in euro)

2018/08/14

16,531

0.4487

7,417.46

2018/08/16

11,000

0.4516

4,967.60

2018/08/17

10,000

0.4521

4,521.00

Total

37,531

0.4505

16,906.06

COFIDE S.p.A. now holds a total of 23,009,555 own shares, equal to 3.1993% 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 20 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 August 2018 18:31:01 UTC