30/07/2018 18:35 Results of the offer of the shares to withdrawal

Public Liability Company - Share Capital Euro 125,000,000

PRESS RELEASE

RESULTS OF THE OFFER IN OPTION AND PRE-EMPTION OF THE SHARES SUBJECT TO

WITHDRAWAL TO THE SHAREHOLDERS OF CALTAGIRONE EDITORE

Rome, July 30, 2018 - Caltagirone Editore S.p.A. ("Caltagirone Editore" or the "Company"), as an updated to the press release disclosed on July 2, 2018, announces that, on July 24, 2018, the period for the acceptance of the offer in option and pre-emption of the shares subject to withdrawal, as a consequence of the approval by the extraordinary shareholders' meeting of the Company dated April 23, 2018 which resolved to amend Article 2 (Corporate Purpose) of the By-Laws, which implies a significant change in the business of the Company, has expired.

On the basis of the notices received by the Company, it results that the option/pre-emption right has been validly exercised in relation to no. 10,471 shares of the Company, on the contrary the option/pre-emption right has not been exercised for no. 16,051,806 shares of the Company (the "Residual Shares").

Today, the Board of Directors of the Company, having taken into account such results and the current market situation, granted specific mandate, separately, to the Chairman and to the Managing Director of the Company to monitor the trend of the stock market price of the shares of the Company during the following months in order to (i) report to the Board of Directors in relation to the reasonable opportunity to proceed to the public placement of the Residual Shares on the Stock Market Exchange, or alternatively, (ii) identify the most convenient period for the acquisition by the Company of the Residual Shares, to be performed by means of the available reserves, in any case in compliance with the terms set forth by Article 2437-quater, paragraph 5, of the Italian Civil Code.

Any information in connection with the payment of the shares subject to withdrawal - including the date on which the payment of the liquidation value of the shares will take place - will be disclosed to the market in compliance with the terms and conditions set forth by the applicable law, including the notice pursuant to Article 84 of the Consob resolution no. 11971/1999 (Issuers' Regulation), to be published in compliance with the applicable laws on the website of the Company atwww.caltagironeeditore.com/Governance/Notice, on the authorised storage system named "eMarket-Storage", as well as published in a daily national newspaper.

Relazioni con i Media e Investor Relations

Tel. [phone]

Fax [phone]www.caltagironeeditore.com

Head Office - Via Barberini, 28, 00187 Rome - Tel.[phone] - Telefax 06/45412299 Register of Companies of Rome 15311/00 - Rome

Chamber of Commerce 935017 - Tax Code - VAT Registration No. 05897851001