Slide 1June 2006 AUTOSTRADA TORINO – MILANO GROUP SOCIETA INIZIATIVE AUTOSTRADALI E SERVIZI GROUP GAVIO GROUP Slide 2 2 AGENDA REGULATION GROUP STRUCTURE FINANCIAL RESULTS…

Slide 1April 2006 AUTOSTRADA TORINO – MILANO GROUP SOCIETA INIZIATIVE AUTOSTRADALI E SERVIZI GROUP GAVIO GROUP Slide 2 2 AGENDA REGULATION GROUP STRUCTURE FINANCIAL RESULTS…

Slide 1December 2007 AUTOSTRADA TORINO – MILANO GROUP SOCIETA INIZIATIVE AUTOSTRADALI E SERVIZI GROUP GAVIO GROUP Slide 2 2 AGENDA GROUP STRUCTURE AFTER THE RE-ORGANIZATION…

Slide 1April 2008 AUTOSTRADA TORINO – MILANO SOCIETA INIZIATIVE AUTOSTRADALI E SERVIZI GAVIO GROUP Slide 2 2 AGENDA REGULATION GROUP STRUCTURE FINANCIAL RESULTS CONCLUSION…

2 AGENDA 3 4 Current Group Structure (after the Re-organization) 5 Summary of transaction values Based on the valuations carried out by the indipendent expert and the contents…

2 AGENDA REGULATION GROUP STRUCTURE FINANCIAL RESULTS GROWTH STRATEGY & VALUE DRIVERS CONCLUSION 3 REGULATION FINANCIAL RESULTS GROWTH STRATEGY & VALUE DRIVERS CONCLUSION…