Buy back plan periodical report

Milan, 27 June 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 23 June 2008 and until 27 June 2008 it has been purchased 21,197 ordinary shares of Cairo Communication S.p.A. (corresponding to 0.027 % of the share capital), at an average unit price of 2.4475 Euros and for a total amount of 51,880.40 Euros.
As of today Cairo Communication owns 650,622 own shares, corresponding to 0.830 % of the share capital.