PRESS RELEASE

The agreement relating to the acquisition of Acque Potabili S.p.A.'s residual water service branch has been signed.

Reggio Emilia, 30 December 2016 - Following and executing the resolution approved by the Board of Directors of IREN S.p.A on 6 December 2016, today its subsidiary IRETI S.p.A. has signed the agreement involving the acquisition of the business branch composed of the integrated water service concessions, owned by Acque Potabili S.p.A., relating mainly to the North-West of the Country. Group IREN already indirectly owns a 44.92% stake in Acque Potabili S.p.A. through IRETI.

The acquisition will be effective starting from 1st January 2017

The above-mentioned operation, involving Acque Potabili S.p.A. as a counterparty, is to be considered as a related party transaction of minor significance according to the Regulation adopted by CONSOB with resolution No. 17221 - 12 March 2010, not coming under any of the exclusion clauses provided for by the Internal Regulation approved by IREN's Board of Directors. The operation was treated as established by art. 8 of the internal regulation involving operation with related parties.

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IREN S.p.A. published this content on 30 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 January 2017 14:45:03 UTC.

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