Investments and Disinvestments

Date Operation Description Press Release
30th September Divestments Sale of Pirelli's non controlling stake in Afcab Holdings (energy cables) to Reunert
26th August Divestments Pirelli sells to Alcatel submarine telecom systems
28th July Divestments Pirelli places 8.37% of Pirelli RE share capital to Italian and foreign institutional investors
6th April Call option exercise Pirelli exercises its call option to acquire 0,46% of Telecom Italia ordinary shares
12th January Acquisition Pirelli buys back from Cisco 10% Submarine Telecom Systems activity

Last Revised: 12 Jul 2012