Milan, 30 June 2015 - The Board of Directors of RCS MediaGroup, meeting today under the Chairmanship of Maurizio Costa, reviewed the offer received from Arnoldo Mondadori Editore S.p.A. in relation to RCS MediaGroup's shareholding in RCS Libri S.p.A.. The Board of Directors reserved all its rights in regard to evaluating the offer, also taking into account wider considerations regarding the strategic outlook for the Group.

The Board of Directors also agreed that the First Half Preliminary Results for 2015 will be approved on 30 July 2015, while approval of the the financial report for the period will take place on 25 August 2015.

Finally, RCS MediaGroup announces that the sale of its 34.5% shareholding in IGPDecaux S.p.A to JCDecaux Europe Holding SAS and IDA S.p.A. (that was the subject of a preliminary announcement on 12 February 2015) has been finalized today. The financial benefit of this transaction, which forms part of the Group's non-core asset disposal plan, amounts to approximately EUR 18 million plus a potential additional earn out consideration of EUR 2 million payable within 3 years on achievement of certain targets.

***

distributed by