RCS MediaGroup - Unidad Editorial: authorisation received to use radio and television broadcast licences relating to the acquisition of Recoletos

Milan, 27 June 2007 – With regard to the acquisition of the entire share capital of Recoletos Grupo de Comunicaciòn by its subsidiary Unidad Editorial, as previously announced on 12 April 2007, RCS MediaGroup announces that the Spanish Ministry of Industry, Tourism and Commerce (Secretarìa de Estado de Telecomunicaciones y para la Sociedad de la Informacìon) has granted Unidad Editorial the authorisation required to use the licences for the radio and television broadcasts performed by certain companies in the Recoletos group and by Veo Television (digital television operator), approx. 27.7% owned by Recoletos and of which Unidad Editorial formerly held the same shareholding.