Il Sole 24 Ore SpA Approves Project for Merger by Incorporation of Wholly-Owned Subsidiary Nuova Radio SpA into Company

Il Sole 24 Ore SpA announced that the Board of Directors of Il Sole 24 Ore SpA, held on June 18, 2013 under the chairmanship of Cav. Lav. Benito Benedini approved unanimously, within the restructuring plan of the corporate structure of the group, the project of the merger through incorporation within the Company of the fully owned subsidiary Nuova Radio SpA. With of the effectiveness of the merger (foreseen within December 31, 2013) the shares representing the whole capital amount of the company to be incorporated will be canceled, without any exchange, without any issuance of new shares by Il Sole 24 Ore SpA. As a consequence of hereinabove, no exchange rate have been assessed and the merger will not imply any modification in the shareholding structure and in the control of Il Sole 24 ORE SpA.