Today the Board of Directors of IGD - Immobiliare Grande Distribuzione SIIQ S.p.A. - in execution of the shareholders’ resolution of 19 April 2012 to approve the capital increase, excluding pre-emption rights, of up to a maximum of the 10% of the Company's pre-existing share capital, pursuant to Art. 2441, fourth paragraph, second sentence of the Italian Civil Code, reserved for 2011 dividend recipients, for an amount not to exceed 80% of the distributable dividends or €19,089,451 – determined the definitive conditions of this increase based on the criteria established during the Annual General Meeting.

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