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PRESS Italpetroli SPA

"Italpetroli SpA, in its capacity as the indirect parent of AS Roma SpA, announced that today is was signed with UniCredit Banca di Roma SpA, an agreement concerning the rescheduling of bank debt to UniCredit Banca di Roma SpA The debt, as of December 31, 2007, was Euro 277,106,000.00. With the same agreement, open to accession by other creditor banks of the Group Italpetroli, the companies forming part of the latter have undertaken to repay in the same manner and timing of the bank debt to Unicredit Banca di Roma SpA and creditor banks said that , on 31 December 2007 amounted to Euro 365,421,000.00.

The agreement provides for the progressive reduction in the debt through the sale of certain assets and activities whose identification will be at the sole discretion of the management of Group companies Italpetroli, up to, by the deadline of December 31, 2010, one level debt sustainable on the basis of business plans relating to the property productive of income. Verification steps are expected in late 2008 and 2009 about the progressive reduction of the outstanding debt.

addition, the agreements provide for a reorganization of the Group Italpetroli through the creation of some sub-holding company in line with the type of work done by dicerse society. The components of the Sensi family have the same signed a shareholders agreement with UniCredit Banca di Roma SpA, which will be subject to advertising requirements provided for in Article 122 of the Consolidated Law on Finance. With reference to news relating to the transfer to Bank Finnat mandates for the disposal of assets up to Euro 250,000,000.00 states that this institution plays only the role of financial advisor to several companies within the group of specific operations of discontinued operations. "

[AS Roma News Jul. 18 - 23:43]



DECLARATION CEO Rosella Sensi AsRoma

"The agreement marks the beginning of a new course for the Group Italpetroli .
The peace achieved at the level of debt allows you to develop a plan for development and deployment. Through the recovery of the Financial Group will pursue the goal of full recovery industry. The passage of today - concludes the CEO - has allowed the Sensi family to take back the reins of the Group to build a solid future. "