Buy back plan periodical report

Milan, 15 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 9 December 2008 and until 12 December 2008 it has been purchased 7,454 ordinary shares of Cairo Communication S.p.A. (corresponding to 0.010 % of the share capital), at an average unit price of 1.9916 Euros and for a total amount of 14,845.30 Euros.
As of 12 December 2008, Cairo Communication owned 906,024 own shares, corresponding to 1.157 % of the share capital.