Impregilo interest

Techint European Holding B.V., Investindustrial Holdings S.A., Argo Finanziaria S.p.A. (Gavio Group) and Autostrade have issued a nonbinding letter expressing an interest in acquiring a share of Impregilo through a new company, Newco. The investment of up to € 800 million is conditional on the restructuring of Impregilo's bank debt, a crucial point for the company, which has to pay € 550 million of bond debt in May and June.