The Company's Board of Directors, by decision taken at its meeting of 13 July 2006, modified the closure date of the first period of its stock buy-back program from the 4th of September 2006, as initially decided, to the 13th of July 2006, because the amount of shares to be purchased in the first period has already been purchased, as it was recently notified to the public. Following the Board of Directors' decision mentioned above and in conformity with the General Assembly of shareholders decision taken at the meeting of 16 May 2006, the Company will proceed to the purchase of 1,601,808 of its own shares at a price ranging from the lowest level of five (5.00) Euros to the highest level of thirty (30.00) Euros, during a period starting from the 21st of July 2006 and ending at the 15th of May 2007.