Press Release

(Pursuant to Art. 114 par. 5 of Legislative Decree 58/1998)

S&P places Snaitech's rating on creditwatch positive

Milan, 24 April 2018 - Snaitech S.p.A. ("Snaitech" or "Company") announces that, in a press release distributed today by S&P, the raging agency placed on credit watch positive the rating of the Company and its Euro 570 million Senior Notes due 2021.

The reasons behind the announcement relates to the improved scale, the business profile and the anticipated reduction in financial leverage.

For further information

Press Office and Investor Relations

Ad Hoc Communication Advisors

Press Office -ufficio.stampa@snaitech.it

Giorgio Zambeletti - Tel. 02.7606741 e-mail:giorgio.zambeletti@ahca.it

IR Team -investor.relations@snaitech.it

Demos Nicola - Cell. 335.1415583 e-mail:demos.nicola@ahca.it

All press releases issued by Snaitech S.p.A. pursuant to article 114 of D. Lgs. no. 58 of 24 February 1998 and the related implementation regulations are also available on the company's websitewww.snaitech.itand on storage system websitewww.emarketstorage.com.

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SNAITECH S.p.A. published this content on 24 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 April 2018 20:16:08 UTC