Autogrill reaches approximately 96% of the share capital of Alpha Airports and extends the offer period

On 23rd July, acceptances had been received from 49,090,771 shares, or 27.9% of the entire share capital of Alpha Airports.

Tuesday, July 24, 2007 - 09:18

Milan , 24 July 2007 - Autogrill S.p.A. (Milan: AGL IM) announces that as at 3.00 p.m. (London time) on 23 July 2007, the first closing date of the Offer, valid acceptances had been received in respect of a total of 49,090,771 Alpha Airports Shares, representing approximately 27.9% of Alpha Airports’ issued share capital.

In addition, prior to posting of the Offer Document, Autogrill had acquired 115,228,451 Alpha Airports Shares representing 65.5% of Alpha Airports’ issued share capital. Since the posting of the Offer Document, Autogrill has acquired a further 4,612,994 Alpha Airports Shares through market purchases representing 2.6% of Alpha Airports’ issued share capital. Accordingly, as at 3.00 p.m. (London time) on 23 July 2007, Autogrill owned or had received valid acceptances in respect of a total of 168,932,216 Alpha Airports Shares representing approximately 96% of Alpha Airports’ issued share capital.