ASTALDI, PRESS RELEASE

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Astaldi S.p.A., following the publication today of certain news reports, announces that it is considering a Capital Increase for an amount of approximately €200 million. The share issue under consideration is aimed at strengthening the Group’s capital structure and ensuring the Company is strongly placed to continue a comprehensive process of long term debt refinancing, including extending maturities beyond 2022 and reducing the cost of debt, subject to market conditions. A strengthened balance sheet and capital structure, will contribute to the consolidation of the Group’s competitive positioning also with regards to its strategy of geographical repositioning towards lower-risk countries, as outlined in the Strategy Plan 2017-2021.

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Last updated: Nov 09 2017