Buy back plan periodical report

Milan, 22 December 2008 - As an updating of the performance of the buy back plan, authorized by the Shareholders’ Meeting as of 28 January 2008 and started by the Board of Directors on 19 March 2008, Cairo Communication notices that in the period starting from 15 December 2008 and until 19 December 2008 it has been purchased 14,173 ordinary shares of Cairo Communication S.p.A. (corresponding to 0.018 % of the share capital), at an average unit price of 1.9991 Euros and for a total amount of 28,333.52 Euros.
As of 19 December 2008, Cairo Communication owned 920,197 own shares, corresponding to 1.175 % of the share capital.