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05/31/2005 - 08:45 AM

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Telecom Italia Media : deed drawn up for the transfer of Tin.it unit to the new Tin.it Srl company (100% TI Media - Owned)

In execution of the Board resolution adopted on May 20, 2005

Telecom Italia Media announces that in execution of the resolution adopted by the Board of Directors on May 20, 2005, today it drew up the deed transferring the Tin.it unit to Nuova Tin.it srl. The deed was also filed with the Milan Companies Registration Office.

Milan, May 31, 2005