MEDIASET FILES SUIT AGAINST VIVENDI

With regard to the ongoing litigation between Mediaset SpA and Vivendi S.A., Mediaset today filed a suit at the Central Court of Milan, for notification to Vivendi of the action taken, in defence of the effective completion of the binding contract signed between the parties 8 April 2016.

The suit is aimed at ensuring the mandatory respect of the contract with judicial backing and the payment of damages sustained to date by Mediaset, currently estimated at ?50 million for each month of delay in meeting the terms of the agreement on the part of Vivendi, from the 25 July 2016.

It should also be noted that the suit does not concern the serious overall damage (not less than ?1.5 billion) that failure to respect the terms of the contract would entail, but merely the obligations to comply with the contract itself.

The damages claimed consequently refer exclusively to the delay accumulated to date and eventual further delays resulting from exuberant and time-wasting proposals for terms different to those outlined in the existing contract.

Cologno Monzese, August 19, 2016

Mediaset S.p.A. published this content on 19 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 August 2016 09:49:09 UTC.

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