Press Release: RCS MediaGroup Board of Directors’ Meeting

Milan, 11 September 2012 – At its meeting today the Board of Directors of RCS MediaGroup S.p.A., under the chairmanship of Angelo Provasoli, took note of the fact that the Stock Option Plan 2005-2013 (originally approved in 2005) is still on-going and involves residual options assigned in 2006 to Group employees exercisable by June 2013 under terms and conditions of the Plan. The Board authorized - in accordance with the authority vested therein by the Shareholders’ Meeting – the issue of a maximum of 7,304,295 ordinary shares, exclusively set to the eventual exercise of the above-mentioned options.