Buy back plan periodical report

Cairo Communication

Milan, 25 May 2012 - As an updating of the progress of the buy back plan, authorized by the Shareholders’ Meeting as of 26 April 2012 and started on 14 March 2012, Cairo Communication notices that in the period starting from 18 May 2012 and until 24 May 2012 it has been purchased 15,000 ordinary shares of Cairo Communication S.p.A. (corresponding to 0.019 % of the share capital), at an average unit price of 2.5515 Euros and for a total amount of 38,272.50 Euros.

As of 24 May 2012, Cairo Communication owned 450,779 own shares, corresponding to 0.575 % of the share capital.