Press release

Opt out

Milan, 30 January 2013 - The Board of Directors approved the opt-out as of today from the obligation to publish an information document for significant transactions, significant mergers, spin-offs, share capital increases by means of in-kind contributions of assets, acquisitions and disposals, pursuant to Articles 70, paragraph 8 and 71, paragraph 1-bis of the Consob Issuer Regulations n. 11971/1999 and subsequent amendments.

Cairo Communication Group is a leading Italian weekly magazine publishing and advertising sales Group, recognized as one of the first to have developed a multimedia sales approach, beginning with print media and expanding later into free, digital and pay TV and the Internet.

For further information:

Mario Cargnelutti, Investor Relations +39 02 74813240 m.cargnelutti@cairocommunication.it

This press release is also available on the Company's website www.cairocommunication.it

in the section NOTICES AND DOCUMENTS/PRESS RELEASES

1

distributed by