Board of Directors of Gemina S.p.A. confirms interest in pursuing the aforesaid analysis

Fiumicino, January 16, 2013 - Gemina reports that following discussions with Atlantia S.p.A. aimed atanalysing whether the industrial, financial, economic and legal conditions were in place to support a potential corporate merger, today the Board of Directors of Gemina S.p.A. confirmed its interest in pursuing the aforesaid analysis.

To that end, over the next few weeks the Board of Directors will examine an update to the Group's Economic-Financial Plan to 2044 with the help of a leading strategy consulting firm. Among other things, the update will include the provisions of the investment plan indicated by the Decree of the President of the Council of Ministers of December 21, 2012. The Plan will be presented to the financial community promptly.

The Board of Directors chose Barclays and Unicredit for financial aspects and Studio Chiomenti for legal aspects, to act as advisors to assist the Board of Directors in the analysis and evaluation of the

feasibility of the operation. The Board of Directors also established the Board of Independent Directors at the meeting as provided under article 4.2 of the "Transactions with Related Parties Procedure" of November 12, 2010, appointing Mr Sergio Iasi (in the role of Chairman), Mr Giuseppe Angiolini and Mr Giuseppe Bencini, as its members. The Board of Independent Directors will hold a meeting in the next few days, in accordance with the rules, in order to appoint its financial and legal advisors. The Board of Directors is expected to make any proposals regarding the merger over the next two months.