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October 17, 2006

Letter from ANAS

Rome, 17 October 2006 - Autostrade S.p.A. confirms it received yesterday a letter from ANAS. Such letter informs that, with reference to the contents of the previous letter of 4 August 2006 written jointly by the Ministry of Infrastructure and the Ministry of Economy, the key obstacle to the merger plan with Abertis - the presence of a construction company among the main shareholders of the new group - is removed by the entry into force of the law decree no. 262, art. 12 par. 4. Moreover, the letter reiterated all the other critical points outlined by ANAS in its past communications and acknowledged in the letter dated 4 August, to which are to be added the other limitations connected to the changes in the legal framework introduced by the above mentioned law decree.

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