Gemina reaches agreement to sell Elilario Italia

Gemina S.p.A. has reached an agreement with Helicapital Inversiones Aereas S.L. of the INAER group to sell it 100% of the share capital of Elilario Italia S.p.A., a company operating in the helicopter rescue sector and providing offshore services for the oil industry. The deal is expected to close in January 2008. Mediobanca acted as financial advisor to Gemina on the disposal, in conjunction with UniCredit Markets & Investment Banking.