Prysmian S.p.A. Press Release Greenshoe

Milan, 11 May 2007 - With reference to the global offering of Prysmian S.p.A. shares, notice is hereby given that on 9 May 2007, the Joint Global Coordinators Goldman Sachs, JPMorgan and Mediobanca have exercised the greenshoe option involving a total of 10,800,000 shares.
The acquisition price for shares covered by the greenshoe option was € 15,00 per share, equal to that provided for under the terms of the global offering, for a total of € 162 m.
Transfer and payment of the shares will take place on 14 May 2007.
Accordingly, the global offering including the greenshoe option involved a total of 82,800,000 Prysmian shares, equal to 46% of the company's share capital, for a total of € 1,242 m.