Buy back plan periodical report

Milan, 22 September 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 September 2008 and until 19 September 2008 it has been purchased 19,722 ordinary shares of Cairo Communication S.p.A. (corresponding to 0.025 % of the share capital), at an average unit price of 2.3548 Euros and for a total amount of 46,442.14 Euros.
As of 19 September 2008, Cairo Communication owned 768,613 own shares, corresponding to 0.981 % of the share capital.