Genoa, 30 June 2014 - ERG is pleased to announce the closing today of the transaction with the LUKOIL Group subsidiary ISAB for the sale of the ISAB Energy and ISAB Energy Services business lines, comprising above all the IGCC production plant and the personnel concerned with its operation and maintenance, pursuant to its press release dated 30 December 2013.

This is the final stage of a complex operation leading to the sale of the ISAB Energy facility, in line with the definitive exit from the ISAB Refinery, allowing the Group to achieve a major step forward in the strategy to reposition its portfolio of activities. The overall transaction will also enable a further strengthening of ERG's financial structure, with a view, inter alia, to supporting future development plans.


In this transaction, UniCredit has acted as financial advisor and the firm DLA Piper as legal advisor.


This press release, issued at 2.45 pm (CEST) on 30 June 2014, has been prepared pursuant to the Regulation implementing Legislative Decree no. 58 dated 24 February 1998, adopted by CONSOB under resolution no. 11971 of 14 May 1999, as amended and supplemented. It is available to the public at the offices of Borsa Italiana S.p.A., on the "1Info" authorised storage mechanism (www.1info.it ) and on the Company's website (www.erg.it ) in the section "media/press releases".

Contacts:

Alessandra Mariotti Media Relations Manager - tel. +39 010 2401364 mob. +39 335 8053395
Emanuela Delucchi IR Manager - tel. + 39 010 2401806 - e-mail: ir@erg.it
Matteo Bagnara IR - tel. + 39 010 2401423 - e-mail: ir@erg.it - www.erg.it

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