UPDATE ON THE STATUS OF THE NEGOTIATIONS WITH BAIN CAPITAL CREDIT AND WITH THE FINANCING BANKS

Cesena, July 18, 2018 - Trevi Finanziaria Industriale S.p.A. (the "Company" or "Trevifin"), also in accordance with Consob's advise, hereby informs that, as already disclosed to the market in the press releases dated May 30, June 8 and June 28, 2018, negotiations are currently ongoing with the potential investor Bain Capital Credit ("BCC") who submitted to the Company a request to extend the exclusivity period until July 31, 2018. This request will be evaluated by the Board of Directors of the Company called for next July 24, 2018. The results of the meeting will be communicated promptly to the market.

With reference to the standstill agreement, negotiations with the financing banks are currently ongoing for the definition of the minutes of the agreement and it is expected to be submitted to the deliberative bodies of the financing banks for approval of the same. The signing of this agreement is currently scheduled for the first days of August.

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About Trevi:

Trevi Group is a worldwide leader in the field of soil engineering (special foundations, tunnel excavation, soil consolidation and the building and marketing of special rigs and equipment relevant to this engineering sector); the Group is also active in the drilling sector (oil, gas and water) both in the production of plant and the supply of services, and it also builds automated underground car parks. The Group was established in Cesena in 1957 and today has more than 30 branches and is present in over 80 countries. Its success is due to the vertical integration of the main divisions making up the Group: Trevi, the division that supplies special services in the field of soil engineering, Petreven, the oil drilling division of the Group, Soilmec, the division that produces and develops plant and machinery for soil engineering and Drillmec the division that produces and develops drilling rigs (oil, gas and water). The parent company has been listed on the Milan stock exchange since July 1999.

For further information:

Investor Relations: Francesca Cocco - e-mail:investorrelations@trevifin.com

Group Communications Office: Franco Cicognani - e-mail:fcicognani@trevifin.com- tel: +39/0547 319503

Press Office: Community - Strategic communication advisers - T. +39 02 89404231

Auro Palomba -Auro.palomba@communitygroup.it

Roberto Patriarca - (T. +39 335 65 09568) - Roberto.patriarca@communitygroup.

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Trevi Finanziaria Industriale S.p.A. published this content on 18 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 July 2018 21:26:05 UTC