PRESS RELEASE

CHANGE IN SHARE CAPITAL AND NEW BY-LAWS

Milan, 16 January 2018. We hereby notify the new composition of the paid-up share capital of Prysmian S.p.A. (the "Company"), following the conversion requests relating to "€300,000,000 1.25 per cent. Equity Linked Bonds due 2018" (admitted to listing on the "Third Market" (MTF) of Vienna Stock Exchange with ISIN XS0901332337), received during the period from 16th to 31st December 2017.

More precisely, on January 15th, 2018, with the conversion of bonds for an amount of Euro 100,000.00, the Company issued no. 4,481 ordinary shares, pursuant to the resolution of capital increase passed by the Company's Extraordinary Shareholders' Meeting of April 16th, 2013, serving the said bonds, whose convertibility was also approved by the same Shareholders' Meeting.

The application regarding the notice of change in share capital has been filed with Milan Company Register on January 15th, 2018

The updated Company's by-laws is available since today, on the Company's website atwww.prysmiangroup.com in the Investors/Corporate Governance section, on Borsa Italiana's website atwww.borsaitaliana.it and in the mechanism for the central storage of regulated information atwww.emarketstorage.com.

TABLE 1

Current share capital

Previous share capital

Euro

no. of shares

Unit Value

Euro

no. of shares

Unit Value

Total of which:

21,748,723.50

217,487,235

€ 0.10

21,748,275.40

217,482,754

€ 0.10

Ordinary shares

(regular entitlement:01/01/17) Current coupon number: 11

21,748,723.50

217,487,235

€ 0.10

21,748,275.40

217,482,754

€ 0.10

TABLE 2

Converted Bonds

(Euro)

Oustanding remaining Bonds

(Euro)

Convertible Bonds

100,000.00

282,900,000.00

Prysmian Group

Prysmian Group is world leader in the energy and telecom cables and systems industry. With nearly 140 years of experience, sales of over €7.5 billion in 2016, 21,000 employees across 50 countries and 82 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors. For the telecommunications industry, the Group manufactures cables and accessories for voice, video and data transmission, offering a comprehensive range of optical fibres, optical and copper cables and connectivity systems. Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.

Media Relations

Investor Relations

Lorenzo Caruso

Cristina Bifulco

Corporate and Business Communications Director

Investor Relations Director

Ph. 0039 02 6449.1

Ph. 0039 02 6449.1

lorenzo.caruso@prysmiangroup.com

mariacristina.bifulco@prysmiangroup.com

This press release is available on the company website atwww.prysmiangroup.com and in the mechanism for the central storage of regulated information provided by Spafid Connect S.p.A. atwww.emarketstorage.com.

Prysmian S.p.A. published this content on 16 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 January 2018 15:19:07 UTC.

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