Tamburi Investment Partners S p A : TIP s.p.a. Ordinary Shares Warrants 2015 /2020 - commencement of the third exercise period - June 2018

TIP S.P.A. ORDINARY SHARES WARRANTS 2015/20

COMMENCEMENT OF THE THIRD EXERCISE PERIOD - JUNE 2018

The holders of "TIP S.p.A. Ordinary Shares Warrants 2015/20", ISIN code n. IT0005121444 (the "Warrants") may apply for their Warrants to be exercised starting from June 1, 2018 until June 30, 2018, both dates included (the "Third Exercise Period"), on each open market day, with the right to subscribe additional newly issued Tamburi Investment Partners S.p.A. ("TIP") ordinary shares admitted to trading on the MTA market organized and managed by Borsa Italiana S.p.A., without nominal value and having regular enjoyment rights and the same features of TIP ordinary shares outstanding at the issue date (the "Conversion Shares"), in the ratio of 1 Conversion Share for each Warrants exercised.

Applications for subscription must be made to the broker belonging to the Monte Titoli S.p.A. centralized administration system with whom the Warrants are deposited.

The exercise price set for the conversion of the Warrants referred to the Third Exercise Period is Euro 4.55 (four point fifty five) for each Conversion Share.

The exercise of the Warrants will be effective within the tenth open day of the stock exchange following the end of the Third Exercise Period.

No events are planned for the Third Exercise Period that may cause the suspension of the exercise right pursuant to article 2) VIII of the Warrant Regulations.

The Warrant Regulation is available on the company's websitewww.tipspa.it.

Milan, May 31, 2018

TIP - TAMBURI INVESTMENT PARTNERS S.P.A. IS AN INDEPENDENT AND DIVERSIFIED INVESTMENT / MERCHANT BANK WITH THAT SO

FAR INVESTED, AMONG DIRECT DEALS AND CLUB DEALS, ABOUT 3.0 BILLION EURO IN "EXCELLENT" COMPANIES FROM AN

ENTREPRENEURIAL POINT OF VIEW AND IS ENGAGED IN CORPORATE FINANCE ACTIVITIES. CURRENTLY HAS IN PORTFOLIO,

DIRECTLY OR INDIRECTLY, INVESTMENTS IN LISTED AND UNLISTED COMPANIES INCLUDING: ALKEMY, ALPITOUR, AMPLIFON, ASSET

ITALIA, AZIMUT BENETTI, BE, BETA UTENSILI, CHIORINO, DEDALUS, DIGITAL MAGICS, EATALY, FCA, FERRARI, FURLA, HUGO BOSS,

IGUZZINI, INTERPUMP, MONCLER, MONRIF, OCTO TELEMATICS, PRYSMIAN, ROCHE BOBOIS, SERVIZI ITALIA, TALENT GARDEN,

TELESIA AND TIPO.

Contacts: Alessandra Gritti CEO - Investor Relator

Tel. 02 8858801 mail:gritti@tamburi.it

This press release is also available on the company's web sitewww.tipspa.it and disclosed by 1Info SDIR and 1Info Storage system(www.1info.it).