PIRELLI RE: NO NEGOTIATIONS FOR ENTRY OF NEW SHAREHOLDERS

Apr 17 2010
Price sensitive
Regarding rumors which appeared today in the press about the possible entry of new shareholders into the Company’s ownership structure, Pirelli RE communicates that no negotiations are underway and that therefore no timing or means of carrying out any future transactions have been established.

The numerous manifestations of interest received up to now by the Company by various interested parties to evaluate forms of partnership or aggregation are evidence of the solidity of Pirelli RE and the validity of the business model that has been adopted. They will be considered in time, if considered strategically interesting for the growth of the Company.