PRESS RELEASE

COFIDE: BUYBACK OF SHARES

Milan, July 16 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 July 9 and 13 it bought back 105,802 own shares at an average price of € 0.4441, for a total amount of € 46,995.07.

Breakdown of the transactions on a daily basis:

Date

No. of shares bought back

Average price

Total amount � (� in eu

2018/07/09

36,309

0.4388

15,932.39

2018/07/10

26,658

0.4476

11,932.12

2018/07/11

22,060

0.4508

9,944.65

2018/07/12

5,075

0.4439

2,252.79

2018/07/13

15,700

0.4416

6,933.12

Total

105,802

0.4441

46,995.07

Total amount � (� in euro� )�

COFIDE S.p.A. now holds a total of 22,602,942 own shares, equal to 3.1427% of its share capital.

***

Contacts:

Communication Department Rodolfo Belcastro

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

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COFIDE – Gruppo De Benedetti S.p.A. published this content on 16 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 July 2018 17:11:15 UTC