Biancamano SpA : Agreement with trade-union organizations

Press Release

Rozzano (MI) 24 January 2013

Biancamano: reached the agreement with trade-union organizations.

Avoided 219 layoffs

Biancamano Spa announces that subsidiary Aimeri Ambiente Srl has reached yesterday, in Ministry of Labor, an agreement with trade-union organizations closing the workforce reduction procedure pursuant to articles 4 and 24, Italian Law no. 223 of 23 July 1991, initiated on 04 October 2012. That agreement allows to avoid the layoff of 219 employees of Aimeri Ambiente.

"The agreement reached with the trade-union organizations - stated Giovanni Battista Pizzimbone, Chairman and Chief Executive Officer of Biancamano Spa - is the result of a good involving cooperation where the sense of responsibility of everybody has prevailed. The result allows to defend the employment levels and, at the same time, to guarantee to the Company the awaited economic benefit".

Biancamano is the main Italian private operator in Waste Management sector, leader in the Urban Cleaning integrated Services with a market share of 10%. The Group, through its subsidiary company Aimeri Ambiente, is specialized in planning, managing and controlling the complete cycle of the environmental operating services: from the collection and transportation of Municipal Waste, to the separate collection, to the streets sweeping and washing, and to the realization and management of the ecological platforms, on behalf of local public organizations and private operators. Furthermore the Group manages disposal and storage plants. With about 4,000 employees, 3,000 vehicles and a GPS advanced control system, the Group is present throughout the national territory (15 regions).

CONTACTS: BIANCAMANO S.p.A. Chiara Locati Investor Relator

Tel. [phone]

mailto: [e-mail] www.gruppobiancamano.it

UTOPIA LAB Media Relation Gruppo Biancamano Gaia De Scalzi

Tel. [phone]

Cell. [phone]

mailto: [e-mail]