Press Release

Further to the press release of 9 ^th November 2009, Prysmian S.p.A. (the Company ) has been informed by its majority shareholder, Prysmian (Lux) II S.à r.l, that today it has completed the disposal of a portion of its shareholding held in the Company, through an accelerated bookbuilding procedure.

The transaction has involved an accelerated placement with Italian institutional investors and international institutional investors. Through such placement, Prysmian (Lux) II S.à r.l. has disposed of no. 25,127,819 ordinary shares of the Company, equal to 13.865 % of the Company’s share capital.

The Company has been also informed that in the context of the same accelerated bookbuilding procedure, the shareholder Goldman Sachs International has disposed of no. 872,181 ordinary shares of the Company, equal to 0.481% of the Company’s share capital.

The offering has been managed by Goldman Sachs International acting as Bookrunner.

As a result of the transaction, the shareholding held by Prysmian (Lux) II S.à r.l. in the Company will decrease from no. 54,560,240 to no. 29,432,421, that is from 30.105% to 16.240 % of the Company’s share capital, while the shareholding held by Goldman Sachs International in the Company will decrease from no. 1,893,773 to no. 1,021,592, that is from 1.045% to 0.564 % of the Company’s share capital.