PRESS RELEASE IGD SIIQ SPA: THE BOARD OF DIRECTORS APPROVES THE 2014 ­ 2016 BUSINESSS PLAN

Targets included in the new plan:

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CAGR for income from rental business of +2.6% (+1.5% LFL); Ebitda Margin Freehold Management at the end of the period: > 80%; Expected investments of approximately 195 million expected, 110 million for pipeline; capex and expansion of the current perimeter and approximately 85 million for the development of the

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Disposals for approximately 190 million, of which 150 million from disposals and about 40 million from sales of Porta a Mare project; Reduction of financial leverage, gearing ratio and loan to value at the end of the plan of

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