Genoa, July 18th 2016
Further to the press release dated 16 July 2016 and the news published by some newspapers on 17 July 2016, Ansaldo STS SpA announces that on 18 July 2016, the Funds Elliott International L.P., The Liverpool Limited Partnership and Elliott Associates L.P. notified at the registered office of the Company the decree, dated 14 - 15 July 2016, with whom the President of the Court of Genoa has appointed Mr. Alessandro Barca, as “curatore speciale” pursuant to art. 78 cpc.
Therefore, for the time being, Mr. Barca will represent the Company in the pending procedures.
The President of the Court of Genoa, 9th Division, admitted the request by the plaintiffs on the ground that "there is - even only potentially - a conflict of interest between representatives and the represented company Ansaldo STS SpA".
The Elliott Funds mentioned that an application for interim measures was lodged by them to obtain the suspension of the resolutions adopted by the shareholders meeting of the Company on 13 May 2016.
The Company will consider any appropriate action to be taken, and will assess the content of the application for interim measures when it will be notified.