Joint press release SNAI S.p.A. and SNAI Servizi: Bridegepoint requests are groundless

Milan, 29 gennaio 2010 - Joint press release SNAI S.p.A. and SNAI Servizi: Bridegepoint requests are groundless SNAI S.p.A. and SNAI Servizi S.r.l. received a letter from Bridgepoint Capital Limited claiming damages of Eur20million arising from the non acceptance of an offer made by Bridgepoint for the gaming and betting activities of SNAI S.p.A..

SNAI S.p.A. and SNAI Servizi S.r.l. believe that the request is totally groundless and will contest vigorously should Bridgepoint decide to take formal legal action based on the claims raised in such letter. SNAI S.p.A. and SNAI Servizi S.r.l. have also instructed their legal counsels to pursue all actions necessary to protect their interests in relation thereto and to seek recovery for any damages caused by this initiative.